2004 Budget Assumptions | ||||||||
1 | Keep Quartely Assessments Flat. | |||||||
2 | Insurance premium is bound to go up. Added some on top of this year. Didn't budget a deductible. | |||||||
3 | Major Repairs - Capital but listed here for ease of explanation. (prior years amounts were for window replacement & door replacement/rot repair) | |||||||
Retaining Wall -estimate $10,000 | ||||||||
Ramp 4 work - estimate $2,000 | ||||||||
Regravel and grade parking lot - estimate $2,000 | ||||||||
Change light fixtures - $1,000 | ||||||||
Contingency for additional rot - $5,000 |