PICKETT DOWNS HOMEOWNERS ASSOCIATION

"TYPICAL"  Budget

                                                                                                                                                                                   

Categories

Budget

 

 

Electric

$2,000

Insurance (Property and Liability)

$1,000

North Lake Pickett HOA Dues

$2,000

Operating Budget

(Admin fees, legal, taxes, repairs)

$3,200

Landscaping and Mowing Contract

$9,400

Future Fence/Wall and Irrigation System Reserve Fund

2,400

Road Resurface/Repair Reserve Fund

$40,000*

TOTAL BUDGET

$60,000

* Road Fund increase to $500/lot was approved, starting in 2008       Total Budget: $750 per lot x 80 lots = $60,000