Wildflower Association News

Draft Schedule of Dues

Table I: Line Items in the Capital Reserve Account

Item

Total Cost

Life(years)

Annual Cost

Roof Top Decks

$120,000

12

$10,000.00

(Now shake) Roofs

$300,000

30

$10,000.00

Siding clean/preserve

$50,000

10

$5,000.00

Asphalt Overlay

$110,000

15

$7,333.33

Asphalt Crack Sealing

$7,000

5

$1,400.00

Deck & Railing replacement

$50,000

20

$2,500.00

Trim Painting

$50,000

10

$5,000.00

Chimney sealing

$24,000

10

$2,400.00

Walk Lighting

$10,000

20

$500.00

Garbage Enclosures

$10,000

10

$1,000.00

Fencing

$20,000

10

$2,000.00

Capital Reserve:

$751,000

$47,133.33

Annual Operating Budget

$48,950.00

Total Annual Costs:

$96,083.33

Annual per unit cost:

$2,001.74

Monthly per unit cost:

$166.81