2020 Stonebridge Owners Association

2020 Budget

Stonebridge Owners Association

Projected 2020 Budget

Prepared by HOA President, Phill Leslie and passed

by the HOA Board  on December 19th 2019

 

Utilities: KCP&L and Water: $1,500

 

HOA Insurance: $1,600

 

Taxes/Mo Report/Liens/Legal Services: $300

Prepare 2019 Taxes

 

HOA Storage Needs: $2,000

Cost of storage shed installation to eliminate future monthly storage unit fees

One time cost, will eliminate storage unit fees for the future.

 

Capital Improvements for Entrances/Pond Area: $1,000

Re-rocking around pond edge, fountain repair or other repairs necessary to common area.

 

Sterling Industries Complete Landscaping Care: $6,500

Tree care, lawn care, trimming, chemical application, irrigation services etc.

 

HOA Board Administrative Cost: $600

Newsletters, flyers, contest certificates, board Ink, HOA meetings cost etc.

 

Annual HOA Block Party: $2,500

 

Aquatic Environment Specialists = Pond Maintenance: $3,100

 

Annual HOA Dumpster Day: $1,100

 

Homes Associations of Kansas City Administrative Cost: $3,300

 

Postage: $160

Total Projected 2020 Budget: $23,660

 

Projected Income from dues for 2020 set at $125 per lot $26,875

(if all 215 homeowners pay their HOA Dues)