Budget Layout OverviewBudget Layout Overview

PARPAR

Operating BudgetIncome

ExpensesOverhead

• Utilities• Exterminators• Accounting• Legal fees• Business insurance• Taxes• Pool permits• Pool chemicals• Clubhouse maintenance• Social expense• Printing and reproduction• Office supplies• Information technology

Community Appearance• Grounds contract• Plants, trees, timbers• Tree/snow/debris removal

Homeowner Services• Payroll• Bookkeeping• Gutter cleaning• Minor repairs• Material and equipment

• Assessments• Other

Capital Budget

GCI

PAR

(Paving and Roofing)

(General Capital Improvements)

Major paving and roof repairs

Major capital improvements

• Siding repair and painting• Decks• Drainage correction• Steps, stoops, sidewalks• Pool repairs• Clubhouse repairs• Office equipment• Etc.

NBTHA North State Bank AccountsNBTHA North State Bank Accounts

PARPAR

Operating Budget Capital Budget

GCI

PAR(Paving and Roofing)

(General Capital Improvements)

PAR SDA M/M Account(Specially Designated Account)

Checking Account

Non-PAR Money Market (M/M) Account

Dotted line split between Operating and GCI funds

NBTHA Budget FlowsNBTHA Budget Flows

Operating Income

(mainly assessments)

Operating Expenses

• Overhead• Community Appearance• Homeowner Services

Operating Surplus

PAR Balance on Hand

PAR Income

PAR Expenses

PAR Balance Carryover

GCI Balance on Hand

GCI Income

GCI Expenses

GCI Balance Carryover

minus

equals

plus

minus

equals

plus

minus

equals

from last year

to next year

to next year

Bulk transfers

PAR portion ($44) of assessments

Sweep at end of year

Bulk transfers ultimately destined for PAR

from last year

Items for a More Detailed ClassItems for a More Detailed ClassReports

Financial Status in Newsletter

Monthly Financial Reports Balance Sheet Profit & Loss Capital Budget Sheet

Year-End Reports

PAR SDA Reconciliation

Budgets

Detailed FY 2010 (HTML)

Detailed FY 2010 (XLS)

Year-End

Loan Paydown Internals

Reference Financial Reference Material nbtha.org/Minutes/Finance/$$$_Reference_Material.htm  

CPI History

Assessment History

nbtha.org/Minutes/Finance/Loan_Paydown_LoC.xls