Lakeridge Homeowners’ Association

Finanacial Statement 2004 & Proposed Budget 2005

LAKERIDGE HOMEOWNERS’ ASSOCIATION - Financial Statement, 2004

Balance December 2003 $2447.28

Income 2004 5980.00

$8427.28

Expenses 2004 $ 4,139.52

Organization Membership $ 70.00

Office Expenses

Checks $ 18.12

Stamps $133.20 151.32

Social Expenses

Spring $ 733.30

Fall 971.00

Christmas 292.27 1996.57

Newsletter 145.60

Entrance Expenses

Mowing $ 540.00

Irr. System 115.00

Electricity 146.25

Water 130.79

Improvements

Plants, etc. 843.99 1776.03

Balance, December 2004 $4,287.76

Respectfully submitted

Patricia C. Fields - Treasurer

Projected Budget 2005

Dues: $100

Office Supplies: $200

Social Events:

Spring: $850

Fall: $850

Winter Holiday: $300

Newsletter & Directory: $500

Website: $700

New Info Signs $300

Front Entrance:

Mowing: $600

Irr. Sys: $200

Electric: $200

Water: $150

Misc. Repairs $250

Plants, etc: $1,000

TOTAL: $6,200 *2005 Projected Budget

Lakeridge Homeowner’s Association Board

Membership vote on Projected 2005 Budget was held and approved at the Spring Membership Meeting. Only current 2005 participating members are allowed to vote. Please note . . . with the changes in the Bylaws, membership is now for a calendar year! Your current 2005 membership of $40 is now due. Payments can be made: Lakeridge Homeowners’ Association, Dot Dengler – Treasurer, 1617 Breezy Ridge Trail, Knoxville, TN 37922. Thank you.