DURANT TRAILS HOA, INC.

Approved
2010 BUDGET VS 2009

INCOME '09 Budget '09 Est. Actual '10 Budget

Dues $70/qtr x 734 205,520 205,520 205,520
Late fees 4,000 4,000 4,000
Daybreak Surcharge ($13) 19,188 19,188 19,188
Total 228,708 228,708 228,708

EXPENSES '09 Budget '09 Est. Actual '10 Budget

Electric 8,480 8,200 8,400
Water 1,800 1,800 1,900
Telephone 1,260 1,440 1,440

Grounds Contract 19,776 19,776 20,567

Grounds - Extra 2,500 2,000 2,000
Irrigation 350 350 350

Sign Maintenance 800 800 800

Termite Contract 100 100 100
Storage Unit 1,400 1,500 1,600

Tax Prep & Compilation 3,050 3,050 3,050

Management Contract 45,427 45,427 45,427
Insurance 3,200 2,746 3,000
Taxes 6,500 2,000 4,000
Legal Collection 2,500 4,000 2,500
Legal Opinion 500 250 500

Pool Maint. Contract 39,000 36,360 39,000

Pool Supplies & Chems 3,000 3,000 3,500
Pool Permits 570 550 550
Pool Repairs 2,000 6,000 3,000
Pool Keys/Locks 300 200 300

Capital Reserve 50,000 50,000 50,000

Daybreak Street Res 19,118 19,118 19,118
T-home Reimbursement 3,515 3,515 3,515

Printing 6,000 6,000 6,500

Postage 2,000 2,000 2,500
Bad Debt 1,000 500 500
Annual Meeting 200 250 250
Events 4,100 4,100 4,200
Website 110 110 110
Contingency 152 50 31

Total 228,708 225,192 228,708

2009 Estimated Gain 3,516

DURANT TRAILS HOA, INC.
Approved
2010 BUDGET VS 2009

Capital Expenses for 2009

Playground Mulch 4,000
Swimming Pool Parking Lot 1,865
Swimming Pool 58,000
Total 63,865

Swimming pool parking lot had several spots added and was sealcoated.
Swimming pool was retiled and replastered

Capital Reserve Cash Flow 2009 Est. 2009 2010

January 1 Balance 506,779 483,609 479,960
Contribution 50,000 50,000 50,000
Interest 15,000 6,700 7,000
Estimated 2009 Gain 3,516
Expenses (see above) 0 -63,865 0
Year End Balance 571,779 479,960 538,970

Daybreak Street Reserve

Jan 1 Balance 304,267 303,613 325,851
Contribution 19,188 19,118 19,118
Interest 9,000 3,120 3,500
Less - Repairs 0 0 0
Year End Balance 332,455 325,851 348,469
DURANT TRAILS HOA, INC.
Approved
2010 BUDGET VS 2009