Hunters Ridge

2008 – BUDGET
Approved 1/11/08 by Board of Directors

Item	Budget 2008	Actual 2007

Attorneys	1,500	1,485
Court Fees	250	219
Bank Charges	50	31
Insurance	2,750	2,715
Maintenance	6,000	8,785
P O Box	80	122
Signs	100	390
Supplies	500	563
Flags	100	54
Hospitality Committees (Welcome and Social)	150	15
Utilities	1,100	1,060
Web Site Maintenance	215	2,101
Taxes (Lake & Roads)	0	717

Capital Improvement Fund (Lighting, Walls& Sidewalks)	10,000	0

Total Budget Proposed	22,795	18,257

Annual Dues for 2008 = $180 per billable property (No change from 2007)

Anticipated Revenues for 2008 = $22,500 (125 billable properties @ $180)

(Please refer to Declarations and Restrictions, Section 12, Hunters Ridge Hoa for specifics on the Board of Directors establishing budgets, setting annual assessments and collecting dues)