PROPOSED BUDGET FOR 2009
SUGARWOOD HOMEOWNERS ASSOCIATION
		Amount
Expenses
Business Expenses
	Bank Fees	$         100
	Property Taxes	$         800
	Taxes - Other	$         200
	Total Business Expenses	$     1,100
Misc. Expenses
	Advertising	$         120
	Insurance - non-employee	$     5,500
	Outside Computer Services	$         400
	Other	$         200
	Total Misc. Expenses	$     6,220
Non-Personnel Expenses
	Postage &  Mailing	$         150
	Copying & Printing	$         250
	Parties, Clinics, & Annual Meeting	$     1,200
	Appearance/Decorations	$         800
	Other	$         150
	Total Non-personnel Expenses	$     2,550
Occupancy Expenses
	Utilities	$     8,000
	Grounds Maintenance (Mowing & Landscaping)	$     7,500
	Pool Operating Permits	$         680
	Pool Start-up & Maintenance	$     1,400
	Pool Operations Supplies	$     3,000
	Pool Furniture (Partial Replacement)	$     1,200
	Recreation Area Maintenance	$         900
	Other Repairs & Maintenance	$     1,000
	Total Occupancy Expenses	$   23,680
Salaries & Related Expenses
	Salaries (Pool Attendants)	$   19,500
	Payroll Taxes (Pool Attendants)	$     4,700
	Stingray Coaches Salaries & Payroll Taxes	$     5,500
	Workers' Compensation Insurance	$         800
	Total Salaries & Related Expenses	$   30,500
Other Personnel Expenses
	Accounting Fees	$     1,200
	Legal Fees	$         500
	Total Other Personnel Expenses	$     1,700
Major Projects for 2009
	Tennis Courts - Base Coat & Paint	$     7,700
	Pool Deck Resurface - Phase I	$     6,000
Retained Earnings (Savings)		$   10,000
TOTAL EXPENSES		$   89,450
Revenue
	SHA Member Fees (210 @ $325)	$   68,250
	Non-resident Fees (40 @ $325)	$   13,000
	Stingray Fees (45 @ $60)	$     2,700
	Stingray Coaches Salaries & Payroll Taxes (Reimbursement)	$     5,500
TOTAL REVENUE		$   89,450