| Summit View Meadows HOA 2012 Budget | |
| INCOME | |
| HOA Dues (39 homes @ $150)* | $5,750.00 |
| Income-Late Fees | $0.00 |
| Income-Violation Fees | $0.00 |
| Total Income | $5,750.00 |
| EXPENSES | |
| Landscape & Irrigation Maintenance | $2,000.00 |
| Clifton Water ** | $2,450.00 |
| Management Services | $0.00 |
| Insurance-American Family | $365.00 |
| Tax Preparation | $85.00 |
| Registration & Licenses | $150.00 |
| Administrative Supplies, Paper, Ink | $75.00 |
| Postage | $75.00 |
| Post Office Box Rental | $42.00 |
| Legal Compliance, Check Fees | $60.00 |
| Maintenance Reserve | $400.00 |
| Total Expenses | $5,702.00 |
| BALANCE | $48.00 |
| *This figure is 39 x $150 - $100 dues credit that one home carried from 2011. | |
| ** This figure includes $450 in overdue water payments from 2011 that will be paid in 2012. |