2022 Budget Assumptions Notes

2022 Budget Assumptions & Notes

General Overview

Staff Involvement

o Managers from every department were involved in the payroll/staffing, operational expense, and the capital

reserve budget build. The executive team reviewed the budget with each manager to ensure all information,

trends and considerations were captured. We met with certain members of the B&F committee to discuss

progress and obtain advice about the budget deliverable.

o Capital Projects were toured & inspected by managers & staff to determine the need for the project

completion.

o Some capital projects were moved into OPEX for repair/maintenance/updating completion rather than a

complete replacement.

Budget Development

o The budget has been assembled with the assumption that we have full staff in every department.

o Each GL Code/Line Item was forecasted to where the business is anticipating on finishing for 2021 based on

year to date spend. (Budget shows year over year +/‐ as well as the forecasted +/‐)

All Departments

Payroll

o Payroll has been budgeted for a 3% increase in wages for all employees. This is once again based on the

Consumer Price Index (CPI).

o Employment Cost Index Summary: Compensation costs for civilian workers increased 2.9 percent for the

12‐month period ending in June 2021 and increased 2.7 percent in June 2020. Wages and salaries

increased 3.2 percent for the 12‐month period ending in June 2021 and increased 2.9 percent for the 12‐

month period ending in June 2020. Benefit costs increased 2.2 percent over the year and increased 2.2

percent for the 12‐month period ending in June 2020.

Incentive/Bonus

o The incentive payout structure has changed. HGA will now give incentive to employees on their paychecks.

The bonus will be grossed up on the paycheck so that the employee receives the full bonus after taxes.

Grossing up is roughly a 50% increase on the dollar amount given for bonus. To ensure that the

incentive/bonus is more exclusive, in various departments the payout has been lowered.

Staff

o Custodial

o Moved from 9 FTE to 8 FTE – During 2021 part time staff was converted to full time w/ benefits to

make the job postings more attractive to entry level talent. Overall staffing requirements are now 10

FTE (8FT & 4 PT). With the change from 7 day a week cleaning and upkeep in the buildings to 5 (back

to pre‐covid) we felt we could reduce FTE.

o Roads & Grounds

o Moved from 12 FTE to 15 FTE – During 2021 part time staff was converted to full time with benefits

to make the job postings more attractive to entry level talent. Overall staffing requirements are now

16.5 FTE (15 FT & 3PT).

Fuel

9/29 B&F Work Session 1

o Fuel/Gas budgeting has increased in all departments with vehicles, equipment and tools requiring gas. Per

the U.S. Energy Information Administration fuel in West Coast less California Areas is sitting around $3.60 a

gallon. CPI for Urban Consumers estimates a roughly 40% ballpark increase so far in 2021. Estimates for 2022

are across the board that pricing may go down or possibly continue to increase due to supply and demand.

o Based on Department – there will be roughly a 3‐30% increase of the fuel line expenses.

Utilities

o Gas & Electric – We are anticipating a relatively flat year over year. A small decrease of 2%. We included a 3%

increase for gas and electric, but we did not budget for the $71K surcharge that we incurred in February 2021

o Water & Sewer – We are anticipating an increase of about 4% based on information provided to us by the

City of Aurora.

Insurance

o HGA Insurance expense is budgeted at 9.5%based on the estimate provided by McGriff, HGA’s Insurance

Broker, at a meeting on September 7, 2021. McGriff believes this increase is the best and final offer from the

insurance providers.

o With a 9.5% Increase, 2022 Budget is sitting @ $1,747,313 which is about $150K Increase over 2021 forecast.

Outside Contractors

o Custodial – In 2022, Custodial will not have an outside contractor’s budget. During COVID mitigation,

abatement and additional outside support was charged to the department however, as things have changed

and we know more about the COVID virus, we do not foresee the need for the department to have budget

going forward.

o Paint – In 2022, the Paint Department will not have an outside contractor’s budget. Projects requiring

outside service/3rd party would be the larger capital reserve project.

o Maintenance –

o Misc. Outside Contractors – 5.8% Increase roughly $1K, increased slightly based on inflation.

o Glass Replacement Contractor ‐ Based on the 2021 YTD forecast we have cut this category by $8K

compared with the 2021 budget, which is a 20% decrease.

o HVAC/Boiler Contractor ‐ We have left this flat compared to the 2021 budget. For the 2021 YTD

Forecast, we anticipate not spending any of this category. This category may fluctuate, we primarily

use our internal Maintenance team to perform the labor; however, there are instances that have

come up historically that require contractors.

o Roof Repairs Contractor – Roughly a 7% increase year over year, $500. Increased based on inflation.

Our internal maintenance team perform most of the labor however there are instances that have

come up historically that require contractors.

o Electrical Contractor ‐ This line item is relatively flat year over year compared to budget. A slight

decrease of 8% compared to the 2021 budget of about $2800.

o Concrete Repairs – Increased 33% compared to the 2021 budget due to additional small projects that

will require vendors to come in and fix. Most repairs are completed under the Cap Res Concrete and

Rail Project.

o Siding Repairs Contractor ‐ We have not increased this line‐item year over year. Most repairs can be

completed in‐house.

o Sewer/Plumbing Contractor – We have increased this budget by 50% for 2022 compared to the 2021

budget. The 2021 expenses will exceed the allotted budget for sewer & plumbing replacement work.

We have had several sewer line replacements so far this year. We added $30K to the 2021 forecast

line that will put us over the budget. Due to the conditions of some pipes/lines throughout the

property Maintenance is anticipating more work next year for outside contractors.

o TV/Antenna Contractors – This line has no budget; repairs are handled in‐house.


o Roads & Grounds

o Outside Contractors – General – Decrease of 20% in this line item from last year. $7k drop is

deferring the CP‐1 retaining wall project, due to the material cost increase. Hoping the wood/stone

comes down in price in 2023. Also, the patch/fix is holding – so it went from important to Medium on

the project list scale.

Stump removal

Mosquito abatement

Repairs & Equipment

o Clubhouse – Doing Repairs/Labor not replacement. Regrout & cleaning of tiling within locker rooms. Possible

refinishing of the auditorium floor rather than replacement.

o Custodial – Custodial van, added $1K to get the van painted – paint is peeling off the van and the brand looks

terrible. The expense line was flat except for the addition of van paint.

o Maintenance – will have a significant increase in 2022 for Sewer/Plumbing Repair. We have seen an uptick in

repairs needing to be performed in 2021 which may exceed budget. These types of repairs must be

completed. Maintenance will see a significant decrease In the Repairs‐Equipment Supplies. Units were fixed

as needed this year and most of the equipment is in very good shape.

o Restaurant – Department will have some non‐capital equipment needs in 2022 that include microwave,

sandwich table, range, and a waffle machine.

o Roads & Grounds – Completed many repairs on equipment in 2021, especially with trucks from the record

snowstorm in March 2021. This line item has decreased roughly 25% year over year.

Software & IT

o We will continue to use current programs that are in place through most all departments. We will be

researching Accounting/Community Mgmt. Type Software – researching vendors to understand options we

have and gaps we may consider covering.

o The Security Department will also be researching and potentially implementing a new software that includes

report platforms and patrol tracking etc. They are looking for a web‐based software that would be under the

OPEX budget. (This may be covered by Community Mgmt. Software)

Supplies

o Custodial – This department will see a 20% increase in supplies from 2021 budget, or about $5K. We are still

seeing in some instances increases for specific products and supplies from COVID impacts. The increase

keeps us slightly lower than the 2021 usage.

o Maintenance – Supplies, line M684, will see a significant reduction to the budget. Moving from $24,000

budget in 2021 to $7,200. The 2021 forecast has the department finishing at around $5,000 for the year.

o Paint – Supplies will be nearly flat year over year

o Roads & Grounds – Supplies will increase roughly 30% in 2022. Rock, wood mulch, and general items have

increased nearly 15‐30% due to availability.

o Security – Department will see a slight uptick in the supply line.

Dues from 2020

o With the elimination of the annual year‐end refund, the savings in 2020 from Insurance, Gas & Electric, and Maintenance have been applied against total expenses for these categories for 2022. The deficit for Water & Sewer has been added to the expense for this category for 2022. The following are the surpluses and deficits by category from 2020 that have been applied to the 2022 budget:

Insurance $ 20,471 Surplus 9/29 B&F Work Session 3

Water & Sewer ($118,472) Deficit Gas & Electric $151,518 Surplus

Maintenance $166,333 Surplus Total $219,850 Total Surplus

The total surplus from the 2020 budget year allows for credits to the 2022 budget. If there had not been a

surplus in 2020, the total funding amount for the 2022 budget would have had a budget increase of

$219,850.

By Department Information & Notes

Contracts

o Contracts department will remain relatively unchanged outside of the typical increases that we will see from

payroll/benefits and inflation impacts items such as fuel reimbursement.

o The staffing will remain the same with Manager of Contracts and Facilities Maintenance Engineer still being

booked at the department.

Custodial

o Custodial department will see a significant decrease in Part Time Payroll year over year. Roughly a 60%

decrease.

o Repairs/Equipment – We have budgeted for a repaint of the carpet cleaning van – paint is flaking off the

vehicle.

o We are continuing to see supply pricing increases from covid/availability etc. We have increased this line

item roughly 20% from last year. We are tending to exceed what was budgeted in 2021 due to this issue.

Paint

o Paint will remain relatively the same in 2022 – we will see an increase in fuel expense.

Maintenance

o Maintenance has seen an increase in many services in 2021 and we will continue to see these expenses in

2022 rise as the property ages with plumbing lines and repairs required for the upkeep of the buildings. We

will see increases with both Contractor & Internal Services/Supplies

o Sewer/Plumbing

o HVAC/Boiler

Roads & Grounds

o Roads & Grounds is showing an increase in Payroll/Benefits, they are sitting with 15 FT & 3 PT employees.

OPEX has been decreased by roughly 9% year over year.

Capital Expenditures

o All recommended expenditures were reviewed and carefully inspected by the departments & management

to determine if the labor was required, could be deferred and or/repaired/maintenance rather than

replaced.

o The number of projects, timing, and the ability to complete all projects within the calendar year was also a

consideration when building the recommended list. Our goal in 2022 will be to complete all projects and not

have carry over into 2023. (We do know there might be extenuating circumstances that may impeded this

goal, but these will be the exception and not the rule.)


HGMD

o We are anticipating that all the HGMD departments (Golf, Club, Restaurant) begin returning to pre‐covid type

sales and numbers. This is an assumption as currently the Delta Variant is the wild card for these businesses.

o Legal information & threat of suit by a resident about the liability waiver in the Clubhouse – we may want to

consider increasing legal/professional services lines.


2022 2021 Diff % Change

Maintenance 6,477,035 6,065,680 411,355 6.78%

Water & Sewer 1,325,468 974,552 350,916 36.01%

Gas & Electric 955,938 1,044,914 (88,976) ‐8.52%

Insurance 1,708,273 1,713,054 (4,781) ‐0.28%

Capital Reserve 3,401,830 2,489,691 912,139 36.64%

Capital Adjustment 107,330 (107,330) ‐100.00%

Total 13,868,544 12,395,221 1,473,324 11.89%

Avg Monthly Dues* 476.39$ 425.78$ 50.61$ 11.89%


Rec Fee 1,496,739 1,409,428 87,311 6.19%

Capital Adjusment 107,330 (107,330)

Total 1,496,739 1,516,758 (20,019) ‐1.32%

Avg Monthly Dues* 51.41$ 52.10$ (0.69)$ ‐1.32%


HGA 13,868,544 12,395,221 1,473,324 11.89%

HGMD 1,496,739 1,516,758 (20,019) ‐1.32%

15,365,283 13,911,979 1,453,304 10.45%

HGA Avg Dues 476.39$ 425.78$ 50.61$ 11.89%

HGMD Avg Dues 51.41$ 52.10$ (0.69)$ ‐1.32%

Total Avg Monthly Dues 527.80$ 477.88$ 49.92$ 10.45%

Analysis of Dues

% of the

Total

2022 2021 Diff % Change Increase

HGA Operating Expense 359.53$ 336.57$ 22.96$ 6.82% 46%

HGA Capital Reserve ‐ Parking Structures Repairs 38.65$ 7.21$ 31.44$ 435.79% 63%

HGA Capital Reserve ‐ All Other Proj. 78.20$ 81.99$ (3.79)$ ‐4.62% ‐8%

HGMD Operating Expense 37.77$ 38.92$ (1.15)$ ‐2.95% ‐2%

HGMD Capital Reserve 13.65$ 13.19$ 0.46$ 3.50% 1%

527.80$ 477.88$ 49.92$ 10.45% 100%

*The average monthly dues is a calculation of taking the total

budget amount, divide that by 2426 (total number of units), then divide

by 12 (to get the monthly amount).

*Total does not include other revenue sources outside of the above 5 fees.

HGA & HGMD Combined

HGA & HGMD Combined

HEATHER GARDENS ASSOCIATION

2022 Fee Summary & Comparison

& HEATHER GARDENS METROPOLITAN DISTRICT

Heather Gardens Association

Heather Gardens Metropolitan District


Budget Budget Forecast Actual Budget Budget Forecast Actual

2022 2021 2021 2020 2022 2021 2021 2020

Custodial 8.00 9.00 8.00 10.00 6,032 15,080 9,211 16,055

Contracts 2.00 2.00 2.00 2.00 ‐ ‐ ‐

Maintenance 24.00 24.00 24.00 24.00 ‐ ‐ ‐

Admin 11.00 11.00 11.00 9.00 ‐ 240 ‐ 357

Paint 5.00 5.00 5.00 6.00 ‐ ‐ ‐

Roads & Grounds 15.00 12.00 15.00 14.00 1,909 6,563 1,534 2,465

Security 8.00 8.00 8.00 7.00 ‐ ‐

HGA Total 73.00 71.00 73.00 72.00 7,941 21,883 10,745 18,877

Club House 2.00 2.00 2.00 1.00 5,810 7,281 6,843 6,479

Teachers ‐ ‐ ‐ ‐ 3,294 5,304 1,951 1,083

Golf 5.00 5.00 5.00 5.00 6,492 5,254 6,343 6,946

Restaurant 3.00 2.00 3.00 2.00 12,007 15,875 5,535 5,629

10.00 9.00 10.00 8.00 27,603 33,714 20,672 20,137

Grand Total 83.00 80.00 83.00 80.00 35,544 55,597 31,417 39,014

Full Time Employees Part Time Hours

Headcount Summary

Operating Budget 2022


HGA

Summary

Revenue

Wages/Benefits

Operating Expenses

(Surplus)/Deficit Prior Year

Revenue

Interest Income

Interest Income RJ Oper

RJ Premium Amort

RJ advis Fees Operating

Insurance

Insurance (Surplus)/Deficit

Water & Sewer

Water & Sewer (Surplus)/Deficit

Gas & Electric

Gas & Electric (Surplus)/Deficit

Maintenance

Maintenance (Surplus)/Deficit

Late Charges to Residents

Interest to Residents

Laundry Commissions

Miscellaneous Income

Comcast Revenue

Heather 'N Yon Profits

Violations

Sale of CP4 Units

COGS CP4 Units

Total New Revenue

Surplus/(Deficit) Revenue from 2020

Insurance

Water & Sewer

Gas & Electric

Maintenance

Total Surplus/(Deficit) Revenue

Wages/Benefits

Custodial

Contracts

Maintenance

Administration

Paint

Roads & Grounds

Security

Vacancy Adjustment

Total Wages/Benefits

Operating Expense

General Association

Custodial

Contracts

Maintenance

Administration

Paint

Roads & Grounds

Security

Total Operating Expense

HEATH

2022

Budget

2021

Budget

% Change

2021 Budget

2022 Budget 2021 Forecast

% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

10,629,222 9,945,864 6.87% 10,079,976 1.35% 5.45% 10,007,810

4,930,564 4,805,065 2.61% 4,680,987 ‐2.58% 5.33% 4,874,763

5,918,511 5,608,167 5.53% 5,566,013 ‐0.75% 6.33% 5,281,638

(219,853) (467,367) ‐52.96% (167,024) ‐64.26% 31.63% (148,591)

‐ 1,752 ‐100.00% ‐ ‐100.00% ‐

7,572 ‐ 7,569 0.05% 3,928

(5,040) ‐ (6,345) ‐20.56% (3,302)

(740) ‐ (740) 0.00% (481)

1,728,744 1,611,807 7.26% 1,611,984 0.01% 7.24% 1,365,464

(20,471) 101,247 ‐120.22% 101,247 0.00% ‐120.22% ‐

1,206,996 1,156,001 4.41% 1,159,545 0.31% 4.09% 1,300,137

118,472 (181,449) ‐165.29% (181,449) 0.00% ‐165.29% ‐

1,107,456 1,035,279 6.97% 1,037,319 0.20% 6.76% 952,018

(151,518) 9,635 ‐1672.58% 9,635 0.00% ‐1672.58% ‐

6,643,368 6,462,483 2.80% 6,476,467 0.22% 2.58% 6,227,811

(166,333) (396,803) ‐58.08% (396,803) 0.00% ‐58.08% ‐

7,200 7,200 0.00% 12,697 76.35% ‐43.29% 17,683

1,500 1,500 0.00% (480) ‐132.00% ‐412.50% 14,528

42,016 42,016 0.00% 42,741 1.72% ‐1.70% 43,485

32,400 32,400 0.00% 31,810 ‐1.82% 1.85% 24,104

72,000 48,000 50.00% 73,457 53.04% ‐1.98% 56,314

5,600 14,796 ‐62.15% 5,215 ‐64.75% 7.38% 5,041

‐ ‐ ‐ 1,080

‐ ‐ 979,000 ‐100.00% ‐

‐ ‐ (882,893) ‐100.00% ‐

10,629,222 9,945,864 6.87% 10,079,976 1.35% 5.45% 10,007,810

20,471 (101,247) (101,247)

(118,472) 181,449 181,449

151,518 (9,635) (9,635)

166,333 396,803 396,803

219,850 467,370 467,370

386,235 517,565 ‐25.37% 354,246 ‐31.56% 9.03% 486,468

219,007 207,554 5.52% 208,450 0.43% 5.06% 85,186

1,555,982 1,434,216 8.49% 1,466,054 2.22% 6.13% 1,612,897

1,135,664 1,102,698 2.99% 1,056,387 ‐4.20% 7.50% 1,029,644

288,636 288,228 0.14% 237,747 ‐17.51% 21.40% 190,524

925,828 872,452 6.12% 875,253 0.32% 5.78% 843,537

522,213 482,352 8.26% 482,849 0.10% 8.15% 499,868

(103,000) (100,000) 3.00% ‐ ‐

4,930,564 4,805,065 2.61% 4,680,987 ‐2.58% 5.33% 4,874,763

4,361,134 4,121,488 5.81% 4,195,087 1.79% 3.96% 3,869,460

59,769 54,234 10.21% 60,613 11.76% ‐1.39% 69,688

6,524 6,708 ‐2.74% 4,539 ‐32.33% 43.72% 7,677

889,842 843,977 5.43% 750,196 ‐11.11% 18.61% 780,269

211,397 232,583 ‐9.11% 250,670 7.78% ‐15.67% 221,381

59,328 61,211 ‐3.08% 45,975 ‐24.89% 29.04% 39,960

235,350 258,642 ‐9.01% 227,859 ‐11.90% 3.29% 255,601

95,167 29,325 224.53% 31,073 5.96% 206.27% 37,602

5,918,511 5,608,167 5.53% 5,566,013 ‐0.75% 6.33% 5,281,638

GARDENS ASSOCIATION 2022 OPERATING BUDGET


Revenue Summary

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

A404 Interest Income ‐ 1,752 ‐100.00% ‐ ‐100% ‐

A404.2 Interest Income RJ Oper 7,572 ‐ 7,569 0% 3,928

A404.3 RJ Premium Amort (5,040) ‐ (6,345) ‐21% (3,302)

A404.4 RJ advis Fees Operating (740) ‐ (740) 0% (481)

A408 Insurance 1,728,744 1,611,807 7.26% 1,611,984 0.01% 7.24% 1,365,464

A408.4 2020 Insurance Surplus (20,471) 101,247 ‐120.22% 101,247 0.00% ‐120.22% ‐

A409 Water & Sewer 1,206,996 1,156,001 4.41% 1,159,545 0.31% 4.09% 1,300,137

A409.4 2020 Water & Sewer Deficit 118,472 (181,449) ‐165.29% (181,449) 0.00% ‐165.29% ‐

A410 Gas & Electric 1,107,456 1,035,279 6.97% 1,037,319 0.20% 6.76% 952,018

A410.4 2020 Gas & Electric YE Suplus (151,518) 9,635 ‐1672.58% 9,635 0.00% ‐1672.58% ‐

A411 Maintenance 6,643,368 6,462,483 2.80% 6,476,467 0.22% 2.58% 6,227,811

A411.4 2020 Maintenance YE Surplus (166,333) (396,803) ‐58.08% (396,803) 0.00% ‐58.08% ‐

A414 Late Charges to Residents 7,200 7,200 0.00% 12,697 76.35% ‐43.29% 17,683

A414.5 Interest to Residents 1,500 1,500 0.00% (480) ‐132.00% ‐412.50% 14,528

A415 Laundry Commissions 42,016 42,016 0.00% 42,741 1.72% ‐1.70% 43,485

A416 Miscellaneous Income 32,400 32,400 0.00% 31,810 ‐1.82% 1.85% 24,104

A416.2 Comcast Revenue 72,000 48,000 0.00% 73,457 53.04% ‐1.98% 56,314

A417 Heather 'N Yon Profits 5,600 14,796 ‐62.15% 5,215 ‐64.75% 7.38% 5,041

A422 Violations ‐ ‐ 0.00% ‐ 1,080

A423 Sale of CP4 Units ‐ ‐ 0.00% 979,000 ‐100.00%

A424 COGS CP4 Units ‐ ‐ 0.00% (882,893) ‐100.00%

Total Revenue 10,629,222 9,945,864 6.87% 10,079,976 1.35% 5.45% 10,007,810

Surplus/(Deficit) Revenue from 2020

Insurance 20,471 (101,247) (101,247) 20,471

Water & Sewer (118,472) 181,449 181,449 (118,472)

Gas & Electric 151,518 (9,635) (9,635) 151,518

Maintenance 166,333 396,803 396,803 166,333

Total Surplus/(Deficit) Revenue 219,850 467,370 467,370 219,850

HEATHER GARDENS ASSOCIATION 2022 OPERATING BUDGET


General Expenses

A622 Payment In Lieu Of Taxes

A624 Personal Property Tax

A626 Income Taxes

A628 Bad Debt Expense

A640 Electric ‐ High Rises

A641 Electric ‐ Parking

A642 Electric ‐ Town Homes

A643 Gas ‐ High Rises

A645 Engineering Evaluation

A652 Insurance Coverages

A652.1 Insurance ‐ Claims

A653 HRA Admin Costs

A660 Legal Fees

A671 Outside Services

A672 Communications

A673 Annual Meeting/Election

A675 Employee Appreciation Program

A698 Water & Sewer

Total General Expense

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

25,000 18,000 38.89% 50,000 177.78% ‐50.00% 0

4,300 5,300 ‐18.87% 4,270 ‐19.43% 0.70% 3,784

55,000 31,000 77.42% 55,000 77.42% 0.00% 53,185

7,500 7,500 0.00% 7,500 0.00% 0.00% 1,918

346,118 326,854 5.89% 335,510 2.65% 3.16% 291,039

10,777 11,829 ‐8.89% 10,256 ‐13.30% 5.08% 12,610

12,765 10,478 21.83% 12,990 23.97% ‐1.73% 13,255

737,792 686,119 7.53% 779,425 13.60% ‐5.34% 653,625

‐ 14,004 ‐100.00% ‐ ‐100.00% 34,463

1,728,745 1,611,804 7.26% 1,593,773 ‐1.12% 8.47% 1,387,708

93,600 100,000 ‐6.40% 85,327 ‐14.67% 9.70% 49,666

16,612 20,040 ‐17.11% 16,130 ‐19.51% 2.99% 12,748

50,400 50,400 0.00% 49,061 ‐2.66% 2.73% 65,085

4,732 0 8,143 ‐41.89% 9,739

22,904 23,900 ‐4.17% 16,322 ‐31.71% 40.33% 20,667

20,000 20,000 0.00% ‐ ‐100.00% 26

17,888 28,260 ‐36.70% 7,891 ‐72.08% 126.69% 5,378

1,207,000 1,156,000 4.41% 1,163,488 0.65% 3.74% 1,254,564

4,361,134 4,121,488 5.81% 4,195,087 1.79% 3.96% 3,869,460



CUSTODIAL

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

J500 Salaries ‐ FTP

J510 Salaries ‐ Part Time

J520 Salaries ‐ Overtime

J540 Taxes ‐ Payroll

J550 Retirement Expense

J553 Insurance ‐ Personnel

J574 Recruit/Train/Services

J575 Employee Bonuses

J580 PEO Administration

J588 Workers Comp Insurance

J588.1 Workers Comp Adjustments


2% Vacancy Adjustment

J675.2 Salary Charge Out‐Operations

J675.3 Salary Charge Out‐Residents

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

J621 Fuel Expense

J621.1 Mileage Reimbursement

J639 Software & IT

J645 Uniforms

J671 Outside Contractors

J680 Radio Communications

J683 Repairs ‐ Equipment

J684 Supplies

J691 Licenses

J699 Window Cleaning


TOTAL PAYROLL & OPERATING EXPENSE

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

386,235 517,565 ‐25.37% 354,246 ‐31.56% 9.03% 486,468

59,769 54,234 10.21% 60,613 11.76% ‐1.39% 69,688

446,004 571,799 ‐22.00% 414,859 ‐27.45% 7.51% 556,156

295,918 316,795 ‐6.59% 252,922 -20.16% 17.00% 275,099

93,044 209,827 ‐55.66% 112,773 -46.25% -17.49% 185,558

8,072 8,513 ‐5.19% 5,553 -34.78% 45.37% 7,975

35,282 45,471 ‐22.41% 33,606 -26.09% 4.99% 40,964

5,982 8,601 ‐30.45% 4,977 -42.14% 20.20% 6,118

52,201 62,143 ‐16.00% 31,812 -48.81% 64.09% 47,181

2,050 1,600 28.13% 2,095 30.93% -2.14% 1,919

2,800 2,000 40.00% 4,005 100.23% ‐30.08% 1,522

5,400 8,040 ‐32.84% 5,314 ‐33.90% 1.61% 6,910

11,685 4,571 155.62% 10,262 124.48% 13.87% 5,183

‐ ‐ 83

512,434 667,563 ‐23.24% 463,318 ‐30.60% 10.60% 578,512

‐

(126,199) (149,998) ‐15.87% (109,071) ‐27.28% 15.70% (92,044)

‐ 0 0.00%

386,235 517,565 ‐25.37% 354,246 ‐31.56% 9.03% 486,468

8.00 9.00 8.00 10.00

6,032 15,080 9,211 16,055

329 370 228 338

575 557 3.25% 465 ‐16.58% 23.77% 387

8,250 8,244 0.07% 6,156 ‐25.33% 34.02% 8,048

720 2,040 ‐64.71% 833 ‐59.16% ‐13.58% 680

3,250 3,252 ‐0.06% 2,513 ‐22.72% 29.33% 2,663

‐ ‐ ‐ 10,935

350 350 0.00% ‐ ‐100.00% ‐

2,700 1,716 57.34% 941 ‐45.15% 186.89% 1,912

32,780 27,000 21.41% 38,633 43.09% ‐15.15% 36,416

144 143 0.70% 72 ‐49.65% 100.00% 42

11,000 10,932 0.62% 11,000 0.62% 0.00% 8,605

59,769 54,234 10.21% 60,613 11.76% ‐1.39% 69,688

446,004 571,799 ‐22.00% 414,859 ‐27.45% 7.51% 556,156



CUSTODIAL 2022 2021 Percent 2021 2020

Budget Budget Change Forecast Actual

J574 ‐ Recruiting & Training

New Hire Screening 1,730 1,350

CPR 320 250

2,050 1,600 28.13% 2,095 1,919

J588 ‐ Workers Comp

Monthly Insurance (renew in Oct) 10,407 4,071

Deductible 1,278 500

‐ ‐

11,685 4,571 155.62% 10,262 5,183

J621 ‐Fuel

Unleaded Price Per Gallon

Total Unleaded Gas 575 557

Diesel Price Per Gallon

Total Diesel Gas ‐ ‐

Total Unleaded & Diesel ‐ Budget 575 557 3.25% 465 387

J621.1 ‐ Mileage

Zone 1 432 432

Zone 2 660 660

Zone 3 660 660

Zone 4 660 660

Zone 5 1,129 1,128

Zone 6 1,129 1,128

Zone 7 1,129 1,128

Zone 8 1,129 1,128

Zone Floater 660 660

Full Time Mileage 660 660

8,250 8,244 0.07% 6,156 8,048

J639 ‐ Software & IT

SOS ‐ Computer 424 1,200

Phone 296 840

720 2,040 ‐64.71% 833 680


CUSTODIAL 2022 2021 Percent 2021 2020


J691 ‐ Licenses

2013 Trailer (046IAQ) 42 42

2003 Dodge Van (321QLG) 102 101

144 143 0.70% 72 42


CONTRACTS

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

K500 Salaries ‐ FTP

K520 Salaries ‐ Overtime

K540 Taxes ‐ Payroll

K550 Retirement Expense

K553 Insurance ‐ Personnel

K574 Recruit/Train/Services

K575 Employee Bonus

K580 PEO Admin

K588 Workers Comp Insurance

K588.1 Workers Comp Adjustments


2% Vacancy Reduction

K675.2 Salary Charge Out‐Operations

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

K621 Fuel Expense

K621.1 Mileage Reimbursement

K630 Reserve Study

K639 Software & IT

K645 Uniforms

K662 Office Supplies

K671 Outside Contractors

K683 Repairs ‐ Equipment

K691 Licenses



2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

219,007 207,554 5.52% 208,450 0.43% 5.06% 85,186

6,524 6,708 ‐2.74% 4,539 ‐32.33% 43.72% 7,677

225,531 214,262 5.26% 212,990 ‐0.59% 5.89% 92,863

178,437 167,695 6.41% 171,077 2.02% 4.30% 65,517

‐ 0 79 ‐100.00% 775

14,706 14,221 3.41% 14,030 ‐1.35% 4.82% 5,274

8,573 7,784 10.14% 8,241 5.87% 4.03% 3,167

13,555 13,810 ‐1.84% 13,274 ‐3.88% 2.12% 8,643

1,000 1,000 0.00% ‐ ‐100.00% 45

912 600 51.97% ‐ ‐100.00% ‐

840 960 ‐12.50% 804 ‐16.25% 4.48% 606

984 1,484 ‐33.69% 946 ‐36.23% 3.99% 1,129

‐ ‐ ‐ 30

219,007 207,554 5.52% 208,450 0.43% 5.06% 85,186

‐ ‐ 0.00%

‐ ‐ 0.00%

219,007 207,554 5.52% 208,450 0.43% 5.06% 85,186

2.00 2.00 2.00 2.00

‐ ‐ ‐ ‐

‐ ‐ ‐ 21

‐ 120 ‐100.00% 0 ‐100.00% ‐

960 720 33.33% 1,241 72.38% ‐22.65% 1,333

‐ ‐ ‐ ‐

3,000 3,000 0.00% 2,069 ‐31.03% 44.99% 4,234

500 600 ‐16.67% 0 ‐100.00% 0

1,500 1,705 ‐12.02% 1,125 ‐34.04% 33.38% 2,049

‐ ‐ ‐ ‐

480 490 ‐2.04% 0 ‐100.00% ‐

84 73 15.07% 105 43.25% ‐19.67% 61

6,524 6,708 ‐2.74% 4,539 ‐32.33% 43.72% 7,677

225,531 214,262 5.26% 212,990 ‐0.59% 5.89% 92,863



CONTRACTS 2022 2021 Percent 2021 2020


K574-Recruit/Train/Services

CPR training 50 50

New Employee Screeing ‐ 0

Training Classes 900 900

Lift Training 50 50

1,000 1,000 0.00% ‐ 45

K588 ‐ Workers Comp

Monthly Insurance (renew in Oct) 652 984

Deductible 332 500

‐

984 1,484 ‐33.69% 946 1,129

K639 ‐ Software & IT

SOS Computer Consulting 2,160 2,160

Cell Phone Reimbursement 840 840

3,000 3,000 0.00% 2,069 4,234


MAINTENANCE

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

M500 Salaries ‐ FTP

M510 Salaries ‐ Part Time

M520 Salaries ‐ Overtime

M540 Taxes ‐ Payroll

M545 Temporary Outside Labor

M550 Retirement Expense

M553 Insurance ‐ Personnel

M574 Recruit/Train/Services

M575 Employee Bonus

M580 PEO Administration

M588 Workers Comp Insurance

M588.1 Workers Comp Adjustments


Vacancy Adjustment

M675.2 Salary Charge Out‐Operations

M675.3 Salary Charge Out‐Residents

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

M621 Fuel Expense

M621.1 Mileage Reimbursement

M639 Software & IT

M640 Electricity

M643 Gas

M644 Elevator

M645 Uniforms

M646 Maintenance Shop Repairs

M654 Lamp Replacement

M655 Fire Extinguisher Repair

M659 Miscellaneous

M662 Office Supplies

M665 Rent ‐ Equipment

M671 Outside Contractors ‐ Misc

M671.1 Glass Replacement ‐ Contractor

M671.3 Boiler/HVAC Repairs ‐ Contractor

M671.4 Roof Repairs ‐ Contractor

M671.5 Electrical ‐ Contractor

M671.6 Concrete Repairs ‐ Contractor

M671.7 Siding Repairs ‐ Contractor

M671.8 Sewer/Plumbing ‐ Contractor

M671.9 TV Antenna Repair ‐ Contractor

M672 Door Repair

M680 Radio Communications

M683 Repairs ‐ Equipment

M684 Supplies

M684.1 HVAC/Plumbing

M684.2 Electrical

M684.3 Hardware/Fasteners

M684.4 Safety Equipment

M684.5 Doors & Door Hardware

M684.6 Roof & Sealant Materials

M684.7 Chemicals

M684.8 Tools

M684.9 Billable work orders

M685 TV Repairs

M691 Licenses

M694 Trash Removal



2022 Budget 2021 Budget

% Change 2021

Budget 2022

Budget 2021 Forecast

% Change 2021

Budget 2021

Forecast

% Change 2021

Forecast 2022

Budget

2020 Actual

(Audited)

1,555,982 1,434,216 8.49% 1,466,054 2.22% 6.13% 1,612,897

889,842 843,977 5.43% 750,196 ‐11.11% 18.61% 780,269

2,445,824 2,278,193 7.36% 2,216,250 ‐2.72% 10.36% 2,393,166

1,251,926 1,207,209 3.70% 1,219,287 1.00% 2.68% 1,329,332

‐ ‐ ‐ ‐

47,210 33,266 41.92% 31,593 ‐5.03% 49.43% 26,721

110,779 105,403 5.10% 113,705 7.88% ‐2.57% 109,371

‐ ‐ ‐ ‐

41,752 42,186 ‐1.03% 41,481 ‐1.67% 0.65% 46,938

152,147 165,715 ‐8.19% 134,652 ‐18.74% 12.99% 151,994

7,020 7,220 ‐2.77% 6,789 ‐5.98% 3.41% 7,547

5,600 4,400 27.27% 7,203 63.71% ‐22.26% 4,634

10,500 11,520 ‐8.85% 10,493 ‐8.91% 0.07% 11,758

12,546 12,536 0.08% 11,163 ‐10.95% 12.38% 13,314

‐ ‐ ‐ 334

1,639,481 1,589,456 3.15% 1,576,366 ‐0.82% 4.00% 1,701,943

‐ ‐

(33,499) (105,239) ‐68.17% (39,602) -62.37% -15.41% (43,915)

(50,000) (50,000) 0.00% (70,711) 41.42% -29.29% (45,131)

1,555,982 1,434,216 8.49% 1,466,054 2.22% 6.13% 1,612,897

24.00 24.00 24.00 24.00

‐ ‐ ‐ ‐

1,256 965 895 711

3,670 3,406 7.76% 3,168 ‐6.98% 15.85% 2,850

25,400 22,372 13.53% 23,729 6.07% 7.04% 22,612

30,000 26,000 15.38% 31,855 22.52% ‐5.82% 27,650

4,080 3,889 4.92% 3,975 2.23% 2.63% 3,914

2,556 1,199 113.23% 1,956 63.18% 30.67% 1,348

144,000 138,102 4.27% 131,755 ‐4.60% 9.29% 142,385

13,000 11,750 10.64% 18,713 59.26% ‐30.53% 11,012

16,000 14,365 11.38% 13,173 ‐8.30% 21.46% 16,250

15,000 13,607 10.24% 16,956 24.61% ‐11.54% 13,423

‐ ‐ ‐ ‐

‐ ‐ 221 -100.00% 123

13,200 13,500 ‐2.22% 10,747 ‐20.39% 22.83% 14,230

1,000 1,000 0.00% ‐ ‐100.00% ‐

16,900 15,960 5.89% 2,103 ‐86.82% 703.45% 16,940

30,000 38,000 ‐21.05% 19,613 ‐48.39% 52.96% 26,274

6,300 6,300 0.00% ‐ ‐100.00% 2,098

7,500 7,000 7.14% 10,443 49.18% ‐28.18% 14,653

30,000 32,844 ‐8.66% 20,579 ‐37.34% 45.78% 25,650

8,000 6,000 33.33% 7,500 25.00% 6.67% 4,265

3,000 3,000 0.00% 3,000 0.00% 0.00% ‐

90,000 58,524 53.78% 77,606 32.60% 15.97% 19,444

‐ ‐ ‐ ‐

12,000 13,000 ‐7.69% 12,922 -0.60% -7.14% 2,312

1,560 1,600 ‐2.50% 561 -64.96% 178.29% 987

3,600 8,820 ‐59.18% 2,391 -72.89% 50.54% 3,013

7,200 24,000 ‐70.00% 4,800 -80.00% 50.00% 34,465

104,196 84,420 23.43% 100,781 19.38% 3.39% 109,723

44,400 50,400 ‐11.90% 14,342 -71.54% 209.59% 35,898

4,200 4,608 ‐8.85% 1,557 -66.22% 169.82% 3,463

4,000 5,000 ‐20.00% 1,015 -79.70% 294.14% 3,141

25,000 24,152 3.51% 24,238 0.36% 3.14% 30,339

10,000 11,200 ‐10.71% 1,905 -82.99% 425.05% 8,177

58,680 57,300 2.41% 46,269 -19.25% 26.82% 55,031

10,800 11,880 ‐9.09% 8,460 -28.79% 27.66% 12,051

‐ 0 (1,833) -100.00% ‐

3,600 3,600 0.00% 1,920 -46.67% 87.50% 1,776

47,000 33,500 40.30% 43,419 29.61% 8.25% 28,272

94,000 93,680 0.34% 90,357 -3.55% 4.03% 86,500

889,842 843,977 5.43% 750,196 ‐11.11% 18.61% 780,269

2,445,824 2,278,193 7.36% 2,216,250 ‐2.72% 10.36% 2,393,166



MAINTENANCE 2022 2021 Percent 2021 2020


M574-Recruit/Train/Services

High lift Operations Cert. 438 450

Craig's List Ads 972 1,000

Pre-employment qualifications 467 480

CPR Training 729 750

CPO Training 972 1,000

Asbestos Operations and Maint. Training 3,403 3,500

Colorado A/C licences 39 40

‐ ‐

‐ ‐

‐ ‐

‐ ‐

7,020 7,220 ‐2.77% 6,789 7,547

M588 ‐ Workers Comp


Deductible 1,001 1,000

12,546 12,537 0.07% 10,493 13,314

M621 ‐ Fuel


Total Unleaded Gas 3,670 3,406 7.76% 3,168 2,850

M639 ‐ Software & IT

SOS 6,923 6,000

Maintenance Connections 23,077 20,000

30,000 26,000 15.38% 31,855 27,650

M644 ‐ Elevator

Elevator Contract 79,905 76,632

Overtime call outs 31,281 30,000

Phone 20,958 20,100

State Inspection 6,100 5,850

State Pressure Relief Test elevators 542 520

Elevator Pads 5,214 5,000

‐ ‐

144,000 138,102 4.27% 131,755 142,385




M646 ‐ Maintenance Shop Repairs

HVAC ‐ ‐

Custodial Charge Outs 5,614 5,040

Maintenance Charge Outs 7,769 6,975

Locks ‐ ‐

Paint ‐ ‐

Miscellaneous 2,617 2,350

16,000 14,365 11.38% 13,173 16,250

M654 ‐ Lamp Replacement

2017 Actual 16,682

2018 Actual 14,203

2019 Actual 15,935

2022 Budget 15,000 ‐

15,000 15,607 ‐3.89% 16,956 13,423

(2,000)

15,000 13,607 10.24% 16,956 13,423

M662 ‐ Office Supplies

Supplies 8,624 8,820

Copier Lease 3,051 3,120

Printing ‐ Document Solutions 1,525 1,560

13,200 13,500 ‐2.22% 10,747 14,230

M671 ‐ Outside Contractors

Carpet & Pad Repair ‐ ‐

Outside Engineering ‐ Post Tension Cable ‐ ‐

Leak control equipment purchase Bld 213 ‐ ‐

Miscellaneous* ‐ ‐

16,900 15,960 5.89% 2,103 16,940

M671.8 ‐Sewer/Plumbing

Plumbing Repairs 49,217 32,004

Jet Sewer Lines 6,530 4,246

Jet Garage Sewer Lines 9,787 6,364

Leak Control 4 Buildings 9,788 6,365

Misc Plumbing (Drain Line Replace) 14,679 9,545

90,000 58,524 53.78% 77,606 19,444




M672 ‐Door Repair

Trash Chute 1,292 1,400

Repair Automatic Door Openers 369 400

Entry Doors 1,846 2,000

Garage Door PM Servicing ‐ ‐

Garge Doors 2,215 2,400

Garage Door Openers 6,277 6,800

12,000 13,000 ‐7.69% 12,922 2,312

M684.1 ‐ HVAC Supplies

Modutrol Replacements 6,213 5,034

Expansion Tank 11,801 9,561

Gas valves 1,296 1,050

Water Storage Tanks 5,828 4,722

Heat coil 3,505 2,840

Celdex Evaporator Coolers 7,127 5,774

Air Filters quarterly 12,441 10,080

Miscellaneous copper, fittings, sensors and

valves 23,327 18,900

Heat Exchange 11,271 9,132

Pumps, motors, re‐build kits 21,386 17,327

104,196 84,420 23.43% 100,781 109,723

M684.7 ‐Chemicals

Green Gobbler 15,361 15,000

Boiler chemicals 11,367 11,100

Epoxy, spray paint ‐ ‐

Leak Control Bldgs 31,951 31,200

58,680 57,300 2.41% 46,269 55,031

M694 ‐ Trash

Monthly Service 92,495 92,180

Bulb Recycle 1,505 1,500

TV & Electronics Recycling ‐ ‐

94,000 93,680 0.34% 90,357 86,500


ADMIN

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

O500 Salaries ‐ FTP

O510 Salaries ‐ Part Time

O520 Salaries ‐ Overtime

O540 Taxes ‐ Payroll

O545 Temporary Outside Labor

O550 Retirement Expense

O553 Insurance ‐ Personnel

O574 Recruit/Train/Services

O575 Employee Bonus

O580 PEO Admin

O588 Workers Comp Insurance

O588.1 Workers Comp Adjustments

Cost Savings Allowance


O675.2 Salary Charge Out‐Operations

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

O621 Fuel Expense

O621.1 Mileage Reimbursement

O639 Software

O639.5 IT Services

O656 Audit and Tax Fees

O659 Miscellaneous Expense

O661 Administrative Expense

O662 Office Supplies & Postage

O662.1 Bank/Credit Card Fees

O663 Publications (HGA Directory)

O681 Outsource ‐ Payroll/PEO

O683 Repairs - Equipment

O689 Telephone & Internet

O690 Equipment Leases

O695 Marketing



2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

1,135,664 1,102,698 2.99% 1,056,387 ‐4.20% 7.50% 1,029,644

211,397 232,583 ‐9.11% 250,670 7.78% ‐15.67% 221,381

1,347,061 1,335,281 0.88% 1,307,057 ‐2.11% 3.06% 1,251,025

919,003 887,380 3.56% 839,349 ‐5.41% 9.49% 849,018

‐ 5,520 ‐100.00% 7,028 27.32% ‐100.00% 6,369

11,400 2,400 375.00% 11,650 385.43% ‐2.15% 7,167

80,456 76,021 5.83% 78,073 2.70% 3.05% 63,482

‐ ‐ 0

32,196 30,046 7.16% 25,765 ‐14.25% 24.96% 21,601

67,110 75,953 ‐11.64% 61,442 ‐19.10% 9.22% 57,982

9,600 9,350 2.67% 15,279 63.42% ‐37.17% 6,108

2,000 1,400 42.86% 5,061 261.47% ‐60.48% 2,200

4,920 5,400 ‐8.89% 4,783 ‐11.43% 2.87% 5,984

8,979 9,229 ‐2.71% 7,958 ‐13.77% 12.83% 9,495

‐ ‐ 238

‐ 0

1,135,664 1,102,698 2.99% 1,056,387 ‐4.20% 7.50% 1,029,644

‐ ‐ ‐

1,135,664 1,102,698 2.99% 1,056,387 ‐4.20% 7.50% 1,029,644

11.00 11.00 11.00 9.00

‐ 240 ‐ 357

311 63 419 202

‐ ‐

120 120 0.00% 99 -17.14% 20.69% 29

22,320 21,480 3.91% 21,947 2.18% 1.70% 20,853

31,200 24,000 30.00% 30,619 27.58% 1.90% 35,006

59,700 66,700 ‐10.49% 83,977 25.90% -28.91% 85,251

2,580 2,580 0.00% 4,229 63.92% -38.99% (39,049)

6,185 7,145 ‐13.44% 5,923 -17.10% 4.43% 5,270

36,250 39,250 ‐7.64% 35,112 -10.54% 3.24% 43,178

‐ 17,004 ‐100.00% 17,436 2.54% -100.00% 11,439

5,650 5,000 13.00% 5,485 9.70% 3.01% 4,730

‐ 0 ‐ ‐

‐ ‐ ‐

43,072 39,924 7.88% 41,631 4.28% 3.46% 45,229

1,070 1,090 ‐1.83% 1,061 -2.66% 0.85% 1,066

3,250 8,290 ‐60.80% 3,150 -62.00% 3.17% 8,379

211,397 232,583 ‐9.11% 250,670 7.78% ‐15.67% 221,381

1,347,061 1,335,281 0.88% 1,307,057 ‐2.11% 3.06% 1,251,025



ADMIN

O574-Recruit/Train/Services

CPR training

Employment Law Update class

CAI Material & Membership

New Employee Screening

Staff Seminars

Computer Training (Microsoft Office)

Annual CAI Conferences

O588 ‐ Workers Comp

Monthly Insurance (renew in Oct)

Deductible

O639 ‐ Software

Jenark Qtrly Software fee

Jenark/Progress Operating Software

Miscellaneous Expenses

IP Address renewal and 2 Mail Hops

Association Voice

Cloud Backup

Trend Anti Virus Renewal in August.

Acrobat Adobe Subscription

Microsoft Office

O656 ‐ Professional Services

Attorney Fees

Year End Audit

401K Audit

Tax Return

Employers Council Annual Membership

O661 ‐ Administrative Expense

ARO picnic

Committee luncheon

Public meeting refreshments

HGA & HGMD Board dinner

State of Colorado Registration

Board Walk Around Lunch

2022 2021 Percent 2021 2020


462 450

205 200

154 150

770 750

924 900

513 500

‐ ‐

6,571 6,400

9,600 9,350 2.67% 15,279 6,108

8,006 8,229

973 1,000

‐ ‐

8,979 9,229 ‐2.71% 7,958 9,495

10,000 9,160

1,740 1,740

‐ ‐

55 55

2,100 2,100

6,000 6,000

1,500 1,500

180 180

745 745

22,320 21,480 3.91% 21,947 20,853

‐ ‐

51,000 58,000

‐ ‐

2,500 2,500

6,200 6,200

‐

59,700 66,700 ‐10.49% 83,977 85,251

1,000 1,000

1,000 1,000

400 400

1,000 1,000

95 95

250 250


ADMIN

Quarterly Events

Miscellaneous

O662 ‐ Office Supplies/Postage

Paper

Postage

CBS ‐ Printing

Inker ‐ Postage Machine

Toner Cartridge

New Printer & Computer

Coffee

3 Part Paper for Coupons

First Aid

New Res Orientation Packets

EON ‐ envelopes, stationary, biz cards

Check Stock & Special Toner

Calendars

Camera Receptionist area

Miscellaneous

O689 ‐ Telephone & Internet

Comcast

Allstream

Telephone‐ Employee

Block Labor Hours

O690 ‐ Equipment Lease

Postage Meter Lease

Copier Lease

O695 ‐ Marketing

Media time and space – ad campaigns (Sept.‐

Oct.)

Media time and space – other

Media – Google advertising

2022 2021 Percent 2021 2020


‐ ‐

2,440 3,400

‐

6,185 7,145 ‐13.44% 5,923 5,270

4,200 4,200

14,100 14,100

5,400 5,400

300 300

1,400 1,400

1,400 1,400

3,000 3,000

150 150

400 400

1,200 1,200

3,000 3,000

600 600

500 500

‐ ‐

600 3,600

36,250 39,250 ‐7.64% 35,112 43,178

30,120 28,116

10,012 8,868

2,940 2,940

‐

43,072 39,924 7.88% 41,631 45,229

1,070 1,090

‐ ‐

1,070 1,090 ‐1.83% 1,061 1,066

‐

‐

‐


ADMIN

Organic SEO and Web Updates

Landing Page Fees

Radio, print or TV production

Design work/consulting

Seniors Blue Book

Aurora Chamber of Commerce

Miscellaneous expenses

2022 2021 Percent 2021 2020


‐

‐

‐

‐

3,250 3,400

‐ 1,500

‐ 3,390

‐

3,250 8,290 ‐60.80% 3,150 8,379


PAINT

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

P500 Salaries ‐ FTP

P520 Salaries ‐ Overtime

P540 Taxes ‐ Payroll

P550 Retirement Expense

P553 Insurance ‐ Personnel

P574 Recruit/Train/Services

P575 Employee Bonus

P580 PEO Admin

P588 Workers Comp Insurance

P588.1 Workers Comp Adjustments



P675.2 Salary Charge Out‐Operations

P675.3 Salary Charge Out‐Residents

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

P621 Fuel Expense

P621.1 Mileage Reimbursement

P639 Software & IT

P645 Uniforms

P659 Miscellaneous

P671 Outside ‐ Contractors

P680 Radio Communications

P683 Repairs ‐ Equipment

P684 Supplies

P689 Telephone expense

P691 Licenses



2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

288,636 288,228 0.14% 237,747 ‐17.51% 21.40% 190,524

59,328 61,211 ‐3.08% 45,975 ‐24.89% 29.04% 39,960

347,964 349,439 ‐0.42% 283,723 ‐18.81% 22.64% 230,484

241,146 218,400 10.41% 199,491 -8.66% 20.88% 145,966

‐ 3,600 ‐100.00% 552 -84.67% -100.00% 265

21,596 18,870 14.45% 18,250 -3.28% 18.33% 13,132

3,707 6,552 ‐43.42% 3,057 -53.35% 21.29% 4,133

13,644 34,524 ‐60.48% 8,625 -75.02% 58.20% 17,914

1,920 1,425 34.74% 1,860 30.53% 3.23% 2,948

1,200 1,000 20.00% 1,248 24.80% -3.85% 396

2,400 2,400 0.00% 1,937 ‐19.29% 23.89% 1,954

3,023 3,317 ‐8.87% 2,727 -17.77% 10.82% 3,771

‐ ‐ 45

288,636 290,088 ‐0.50% 237,747 ‐18.04% 21.40% 190,524

‐ (1,860) 0.00% 0 ‐100.00% 0

‐ 0 0.00% 0

288,636 288,228 0.14% 237,747 ‐17.51% 21.40% 190,524

5.00 5.00 5.00 6.00

‐ ‐ ‐ ‐

‐ 102 15 7

2,076 1,778 16.77% 1,260 -29.13% 64.76% 652

420 1,008 ‐58.33% 348 -65.48% 20.69% ‐

780 859 -9.18% 970

3,600 3,720 ‐3.23% 1,423 -61.75% 153.01% 3,071

‐ ‐ ‐ ‐

‐ ‐ ‐ 1,800

800 804 ‐0.50% ‐ -100.00% ‐

4,000 4,200 ‐4.76% 651 -84.49% 514.04% 198

46,656 48,196 ‐3.20% 40,927 -15.08% 14.00% 32,521

288 420 ‐31.43% ‐ -100.00% 210

708 1,085 ‐34.75% 507 -53.23% 39.53% 538

59,328 61,211 ‐3.08% 45,975 ‐24.89% 29.04% 39,960

347,964 349,439 ‐0.42% 283,723 ‐18.81% 22.64% 230,484



PAINT 2022 2021 Percent 2021 2020


P574-Recruit/Train/Services

New Hire Screening 404 300

Asbestos 404 300

Asbestos Refresher 842 625

High Lift ‐ 0

CPR Classes 269 200

1,920 1,425 34.74% 1,860 2,948

P588 ‐ Workers Comp


Deductible 456 500

3,023 3,317 ‐8.87% 2,727 3,771

P621 ‐ Fuel


Total Unleaded Gas 2,076 1,778 16.76% 1,260 652

P691 ‐ License

2003 Ford (189WTL) 54 83

2006 Chevy (588NNB) from R&G 70 108

2003 Chevy (474HLD) from Inv 61 94

Potential New Van 2020 522 800

708 1,085 ‐34.75% 507 538


ROADS & GROUNDS

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

R500 Salaries ‐ FTP

R510 Salaries ‐ Part Time

R520 Salaries ‐ Overtime

R540 Taxes ‐ Payroll

R545 Temporary Outside Labor

R550 Retirement Expense

R553 Insurance ‐ Personnel

R574 Recruit/Train/Services

R575 Employee Bonus

R580 PEO Admin

R588 Workers Comp Insurance

R588.1 Workers Comp Adjustments



R675.2 Salary Charge Out‐Operations

R675.3 Salary Charge Out‐Residents

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

R621 Fuel Expense

R621.1 Mileage Reimbursement

R635 Tree & Shrub Replacement

R639 Software & IT

R640 Electric

R643 Gas

R645 Uniforms

R647 Extermination

R665 Rent ‐ Equipment

R670 Asphalt Repairs

R671 Outside ‐ Contractors

R674 Irrigation ‐ Contractors

R680 Radio Communications

R682 Snow Removal Supplies

R683 Repairs ‐ Equipment

R684 Supplies

R684.1 Irrigation ‐ Supplies

R689 Telephone

R691 Licenses

R694 Trash Removal




% Change 2021

Budget 2022

Budget 2021 Forecast

% Change 2021

Budget 2021

Forecast

% Change 2021

Forecast 2022

Budget

2020 Actual

(Audited)

925,828 872,452 6.12% 875,253 0.32% 5.78% 843,537

235,350 258,642 ‐9.01% 227,859 ‐11.90% 3.29% 255,601

1,161,178 1,131,093 2.66% 1,103,111 ‐2.47% 5.26% 1,099,138

706,878 575,434 22.84% 665,907 15.72% 6.15% 636,092

31,765 105,008 ‐69.75% 26,482 -74.78% 19.95% 29,584

10,231 17,747 ‐42.35% 11,931 -32.77% -14.25% 9,080

65,149 59,226 10.00% 63,895 7.88% 1.96% 57,483

‐ 12,000 ‐100.00% ‐ -100.00% 8,349

17,730 19,872 ‐10.78% 16,563 -16.65% 7.04% 22,283

78,785 82,858 ‐4.91% 76,791 -7.32% 2.60% 76,352

3,000 1,530 96.08% 2,889 88.80% 3.86% 3,339

2,400 2,400 0.00% 1,971 ‐17.86% 21.74% 1,991

6,540 7,920 ‐17.42% 6,350 ‐19.83% 3.00% 6,744

6,950 7,368 ‐5.68% 6,163 -16.35% 12.76% 7,755

‐ ‐ ‐ 155

929,428 891,362 4.27% 878,943 ‐1.39% 5.74% 859,207

‐ ‐ ‐

(3,600) (18,911) ‐80.96% (3,691) -80.48% -2.46% (15,670)

‐ 0

925,828 872,452 6.12% 875,253 0.32% 5.78% 843,537

15.00 12.00 15.00 14.00

1,909 6,563 1,534 2,465

301 551 322 272

20,650 17,729 16.48% 17,414 -1.78% 18.58% 25,526

160 180 ‐11.11% 2,738 1420.95% -94.16% 20

5,500 5,000 10.00% 5,000 0.00% 10.00% 10,605

3,600 3,600 0.00% 3,017 -16.19% 19.32% 3,212

2,850 3,184 ‐10.48% 1,562 -50.94% 82.49% 3,598

1,150 899 27.92% 1,467 63.22% -21.63% 1,011

8,450 8,940 ‐5.48% 9,545 6.77% -11.47% 8,263

11,000 10,800 1.85% 10,286 -4.76% 6.94% 10,925

1,000 1,700 ‐41.18% 1,214 -28.61% -17.61% ‐

3,000 3,000 0.00% ‐ -100.00% 4,295

30,000 37,000 ‐18.92% 28,683 -22.48% 4.59% 23,334

‐ 14,400 ‐100.00% ‐ -100.00% ‐

750 800 ‐6.25% ‐ -100.00% ‐

15,000 20,000 ‐25.00% 21,511 7.55% -30.27% 20,642

24,500 33,629 ‐27.15% 25,733 -23.48% -4.79% 25,155

57,500 44,124 30.32% 48,444 9.79% 18.69% 92,586

20,000 20,196 ‐0.97% 22,121 9.53% -9.59% ‐

840 1,260 ‐33.33% 840 -33.33% 0.00% 805

3,000 6,002 ‐50.02% 4,389 -26.88% -31.64% 2,956

26,400 26,200 0.76% 23,895 -8.80% 10.48% 22,668

235,350 258,642 ‐9.01% 227,859 ‐11.90% 3.29% 255,601

1,161,178 1,131,093 2.66% 1,103,111 ‐2.47% 5.26% 1,099,138



ROADS & GROUNDS 2022 2021 Percent 2021 2020


R574-Recruit/Train/Services

ALCC Membership 706 360

Employment Screening/Ads 235 120


Pro Green Expo 1,569 800

3,000 1,530 96.08% 2,889 3,339

R588 ‐ Workers Comp


Deductible 943 1,000

156

6,802 7,368 ‐7.68% 6,163 7,755

R621 ‐ Fuel


Total Unleaded Gas 18,442 15,833


Total Diesel Gas 2,208 1,896

Total Unleaded & Diesel ‐ Budget 20,650 17,729 16.48% 17,414 25,526

R639 ‐ Software & IT

SOS 3,600 3,600

3,600 3,600 0.00% 3,017 3,212

R645 ‐ Uniforms

Uniform Cleaning 1,361 1,440

Uniform Purchases 5,671 6,000


8,450 8,940 ‐5.48% 9,545 8,263

R670 ‐ Asphalt Repairs

Asphalt 3,000 3,000


ROADS & GROUNDS 2022 2021 Percent 2021 2020


3,000 3,000 0.00% ‐ 4,295

R671 ‐ Outside Contractors

Waste Management 3,892 4,800

Concrete Repair 2,432 3,000

Retaining Walls ‐ ‐

Tree Removal 8,108 10,000

Pet scoop 973 1,200

Power Wash Garage 8,514 10,500

Backflow Certifications 2,027 2,500

Mosquito Control 4,054 5,000

30,000 37,000 ‐18.92% 28,683 23,334


SECURITY

Summary

Wages/Benefits

Operating Expenses

Total Expense

Wages/Benefits

S500 Salaries ‐ FTP

S520 Salaries ‐ Overtime

S540 Taxes ‐ Payroll

S545 Temporary Outside Labor

S550 Retirement Expense

S553 Insurance ‐ Personnel

S560 Employee Incentive

S574 Recruit/Train/Services

S575 Employee Bonus

S580 PEO Administration

S588 Workers Comp Insurance

S588.1 Workers Comp Adjustments


Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Operating Expense

S621 Fuel Expense

S639 Software & IT

S645 Uniforms

S659 Miscellaneous

S680 Radio Communications

S683 Repairs ‐ Equipment

S684 Supplies

S689 Telephone Expense

S691 Licenses



2022

Budget

2021

Budget

% Change 2021

Budget 2022

Budget

2021

Forecast

% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

522,213 482,352 8.26% 482,849 0.10% 8.15% 499,868

95,167 29,325 224.53% 31,073 5.96% 206.27% 37,602

617,380 511,677 20.66% 513,922 0.44% 20.13% 537,470

383,706 363,418 5.58% 361,987 -0.39% 6.00% 363,181

10,766 3,600 199.04% 14,931 314.76% -27.90% 37,334

34,083 31,184 9.30% 34,862 11.79% -2.23% 33,466

‐ ‐ ‐

7,913 6,000 31.88% 6,922 15.37% 14.31% 6,016

58,745 55,238 6.35% 41,079 -25.63% 43.00% 40,608

10,200 7,000 45.71% 10,174 45.35% 0.25% 3,823

7,500 7,500 0.00% 5,407 -27.91% 38.71% 6,813

2,400 800 200.00% 994 24.29% 141.38% 1,282

3,420 3,840 ‐10.94% 3,322 ‐13.48% 2.94% 3,474

3,480 3,772 ‐7.74% 3,170 -15.97% 9.79% 3,773

98

522,213 482,352 8.26% 482,849 0.10% 8.15% 499,868

‐ ‐

522,213 482,352 8.26% 482,849 0.10% 8.15% 499,868

8.00 8.00 8.00 7.00

‐ ‐ ‐ ‐

328 140 463 1,021

5,700 4,295 32.72% 7,195 67.52% -20.78% 5,086

66,000 3,600 1733.33% 5,275 46.52% 1151.22% 7,981

7,000 7,500 ‐6.67% 6,531 -12.91% 7.17% 13,150

1,692 1,700 ‐0.47% 0 -100.00% 119

3,375 1,500 125.00% 1,421 -5.26% 137.48% 202

4,692 4,550 3.12% 4,954 8.89% -5.29% 2,828

3,600 2,500 44.00% 2,443 -2.29% 47.37% 4,450

1,980 2,580 ‐23.26% 2,400 -6.98% -17.50% 3,194

1,128 1,100 2.55% 854 -22.39% 32.13% 592

95,167 29,325 224.53% 31,073 5.96% 206.27% 37,602

617,380 511,677 20.66% 513,922 0.44% 20.13% 537,470



SECURITY 2022 2021 Percent 2021 2020


S574‐Recruit/Train/Services

Shooting & Tactical Training 4,950 4950

CPR training 250 250

New Hire Ad + Background Check 300 300

Firearms Certification ‐ 0

Classes Misc. 2,000 2,000

7,500 7,500 0.00% 5,407 6,813

S588 ‐ Workers Comp


Deductible 461 500

3,480 3,772 ‐7.74% 3,170 3,773

S621 ‐ Fuel


Total Gas ‐ Budget 5,700 4,295 ‐32.72% 7,195 5,086

S639 ‐ Software & IT

SOS ‐ Computer 66,000 3,600

Computers ‐ ‐

66,000 3,600 ‐1733.33% 5,275 7,981

S659 ‐ Miscellaneous

Emergency Preparedness 498 500

Signs ‐ ‐

Masks and Gloves 199 200

Other 995 1,000

1,692 1,700 0.47% ‐ 119

S683 ‐ Repairs Equipment

Charge Out from R&G ‐ ‐

Auto Repair 4,692 4,550

Auto Parts ‐ ‐

‐ ‐


SECURITY 2022 2021 Percent 2021 2020


4,692 4,550 ‐3.12% 4,954 2,828

S684 ‐ Supplies

Toxology ‐ Urine Test ‐ ‐

Office Supplies & Copies 3,600 2,500

Narcan ‐ ‐

Miscellaneous ‐ ‐

Total 3,600 2,500 ‐44.00% 2,443 4,450

S689 ‐ Telephone

Mobile Phone 1,658 2,160

Manager Phone Reimbursement 322 420

Total 1,980 2,580 23.26% 2,400 3,194

S691 ‐ License

2015 Toyota Camry 308 300

Rav4 SUV 820 800

1,128 1,100 ‐2.55% 854 592


Capital Revenues Budget

Home‐Owners Dues 3,401,830

Capital Adjustment ‐

Est Earnings Net of Costs 8,900

Est. 30% Income Taxes (2,670) Total 3,408,060


Carryover Projects ‐

New 2022 Projects 3,086,508

Contingency Items 637,513

Total 3,724,021

Contribution to Reserves (315,961)

Total Capital Expenditures 3,408,060

Heather Gardens Association

2022 Capital Reserves Report


CO Category BUILDING/AREALast Done

Cycle Offset Life

2022 Projects

SM Carpet Replacement All Buildings 2019 0 1 96,255$ SM Chair Rail Installation 214 1973 19 30 25,819$ SM Chair Rail Installation 219 1992 0 30 25,819$ SM Chair Rail Installation 243 1973 19 30 25,819$ SM Elevator Jacks 243 1982 0 40 65,000$ SM Elevator Jacks 244 1982 0 40 65,000$ SM Elevator Jacks 250 1980 2 40 40,163$ RG R&G Equipment Chipper, # 569 2007 5 10 20,188$ RG R&G Equipment Pickup, # 501 2013 0 9 54,258$ RG Road Sealcoat 231-236 2014 2 6 37,000$ RG Road Sealcoat CP 4 2016 0 6 44,975$ SM Roof Re-Coat 204 2011 0 10 50,546$ SM Roof Re-Coat 205 2011 0 10 50,546$ SM Roof Re-Coat 213 2011 1 10 48,836$ SM Roof Re-Coat 217 2012 0 10 62,951$ SM Roof Replacement 244 1999 -9 30 360,000$ SM FPE Electrical Pannel Replace CP & TH 1981 0 40 217,350$ BF Contingency Items One Time Projects 2019 0 1 110,872$ BF Contingency Items Other Unknown Projects 2019 0 1 526,641$ BF 0 Hot Water Recirculation Project 217 & 220 2009 0 15 39,000$ BF 0 Concrete Repairs 2019 0 1 196,920$ BF 0 Handrails 2019 0 1 27,718$ BF 0 Retaining Walls 2019 0 1 119,310$ BF 0 BC&E Parking Structure Recommended Repairs 2011 0 10 825,000$ BF 0 PS Post Tension Repairs 2019 0 1 300,150$ BF 0 Water Heaters 2019 0 1 40,163$ BF 0 Fire Alarm for Alpha 2019 0 1 180,018$ BF 0 City of Aurora Water Wise Program 2019 0 1 67,704$

$3,724,02128

CAPEX TotalTotal Projects


HGMD

ENTERPRISE FUND

Revenue

D504 Bank Interest Reserve Account

D505 Recreation Fee

D506 Food Sales

D506.1 Beer Sales

D506.2 Wine Sales

D506.3 Liquor Sales

D507 Golf Fees Daily

D507.1 Golf Simulator

D509.2 Golf Discount ‐ 40 Play

D511 Golf Cart Rentals

D511.1 Merchandise

D511.2 Lessons

D511.3 Bag Storage

D511.4 Golf Pull Cart

D512 CH Building Rentals

D513 Events

D513.1 Trips Revenue

D514 RV Lot Income

D514.1 Garden Plot

D515 Classes

D515.2 Contribution Revenue

D516 Miscellaneous Revenue

D516.1 Coffee Revenue

D516.2 Insurance Proceeds

Total Revenue

D590 COGS

Gross Profit

Expenses

D550 Club House Expenses

D555 Golf Course Expenses

D557 Restaurant Expenses

D560 RV Lot Expenses

D565 Garden Plot Expenses

D522 Services ‐ Insurance

D523 Services ‐ Audit

D523.5 Bad Debt Expense

D524 Services ‐ Professional Fees

D524.1 HVAC Clubhouse/Rest

D525.1 Election Expenses

D526 Miscellaneous Expense

D526.1 SDA Membership Dues

D521 Cost of Issue Amort

D519 Zion Bank Fee

D542.2 Non Capital Expense

D601 Capital Outlay

D601 Capital Outlay ‐ Insurance

D603 Interest Expense

D603.1 Marketing

D604 Insurance Claims

Total Expenditures

NET OPERATING SURPLUS/(LOSS)

NON OPERATING EXPENSE

D529 Depreciation Expense

D605 Gain/Loss Asset Disposal

Total Non‐Operating Expense

NET ENTERPRISE FUND REV/EXP

RESTRICTED FUNDS

Conservation Trust Income (Lottery)

D503 Conservation Trust Income (Lottery)


% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

1,620 10,800 ‐85.00% 1,600 ‐85.19% 1.25% 10,423

1,496,739 1,516,758 ‐1.32% 1,516,758 0.00% ‐1.32% 1,382,809

511,205 557,534 ‐8.31% 343,121 ‐38.46% 48.99% 227,426

25,580 32,658 ‐21.67% 21,803 ‐33.24% 17.32% 11,720

33,752 35,642 ‐5.30% 24,175 ‐32.17% 39.62% 16,437

32,478 32,658 ‐0.55% 24,082 ‐26.26% 34.86% 15,807

284,281 332,695 ‐14.55% 276,001 ‐17.04% 3.00% 260,230

1,578 3,720 ‐57.59% 1,532 ‐58.83% 3.00% 1,158

25,211 17,064 47.74% 24,477 43.44% 3.00% 12,450

70,315 69,105 1.75% 68,267 ‐1.21% 3.00% 50,351

24,266 30,955 ‐21.61% 23,559 ‐23.89% 3.00% 23,926

8,900 4,090 117.60% 8,641 111.27% 3.00% 6,016

6,705 6,525 2.76% 6,510 ‐0.23% 3.00% 5,970

4,752 5,064 ‐6.16% 4,614 ‐8.89% 3.00% 4,774

15,600 17,100 ‐8.77% 15,617 ‐8.67% ‐0.11% 7,242

31,670 27,245 16.24% 19,220 ‐29.45% 64.78% 9,740

33,000 15,996 106.30% 23,164 44.81% 42.46% 304

29,520 41,808 ‐29.39% 18,800 ‐55.03% 57.02% 35,231

2,520 2,520 0.00% 1,500 ‐40.48% 68.00% 3,340

86,880 43,438 100.01% 71,629 64.90% 21.29% 11,794

‐ ‐ ‐ ‐

‐ ‐ ‐ 26,823

3,600 5,265 ‐31.62% 2,588 ‐50.85% 39.10% 1,170

‐

2,730,172 2,808,640 ‐2.79% 2,497,657 ‐11.07% 9.31% 2,125,141

205,724 227,879 ‐9.72% 144,384 ‐36.64% 42.48% 108,971

2,524,448 2,580,761 ‐2.18% 2,353,274 ‐8.81% 7.27% 2,016,170

808,976 802,334 0.83% 654,199 ‐18.46% 23.66% 601,207

675,123 624,560 8.10% 640,825 2.60% 5.35% 667,297

498,106 513,123 ‐2.93% 376,218 ‐26.68% 32.40% 358,663

3,050 3,050 0.00% 2,743 ‐10.07% 11.20% 4,263

2,084 2,084 ‐0.02% 2,000 ‐4.03% 4.18% 3,502

56,690 56,635 0.10% 49,294 ‐12.96% 15.00% 49,386

34,025 44,750 ‐23.97% 44,750 0.00% ‐23.97% 41,750

‐ 2,250 ‐100.00% ‐ ‐100.00% ‐

45,000 36,000 25.00% 43,773 21.59% 2.80% 39,930

‐ ‐ ‐ 6,910

‐ ‐ ‐ 2,199

1,200 ‐ 1,200 0.00% 62,797

1,500 2,400 ‐37.50% 1,204 ‐49.83% 24.58% 1,650

‐ ‐ ‐ (33,526)

1,400 1,400 0.00% 1,400 0.00% 0.00% 1,400

‐ ‐ ‐ ‐

397,293 545,101 ‐27.12% 545,101 0.00% ‐27.12% 240

‐ ‐ ‐

‐ ‐ ‐ ‐

‐ ‐ ‐ 2,994

‐ 996 ‐100.00% ‐ ‐100.00% ‐

2,524,448 2,634,683 ‐4.18% 2,362,707 ‐10.32% 6.85% 1,810,662

‐ (53,922) ‐100.00% (9,433) ‐82.51% 100.00% 205,508

‐ ‐ ‐ 586,883

‐ ‐ ‐ 4,272

‐ ‐ ‐ 591,155

‐ (53,922) ‐100.00% (9,433) ‐82.51% 100.00% (385,647)

19,000 18,400 3.26% 19,830 7.77% ‐4.19% 17,406

HGMD 2022 OPERATING BUDGET


HGMD

D504.3 Interest Income Lottery

Total Lottery Revenue

D530 Conservation Trust Expense

Net CTF

Foundation Fund

D515.1 Donation Revenue

D620 Foundation Expense

Net Foundation

Debt Service Fund Bond Issue

D517 Property Taxes

D518 Spec Ownship Tax Rev

D504.2 Zion Bank Interest

Total Revenue

D520 Debt Serv Interest 2017 Issue

D521.1 Original Issue Amort

D525 County Collection Fee

D700 Bond Principal Payment

Total Expenditures

Net Debt Service **

ALL RESTRICTED FUNDS SURPLUS/(LOSS)

** ($60,000) are excess funds located in


% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)


12 ‐ 12 0.00% 50

19,012 18,400 3.33% 19,842 7.84% ‐4.18% 17,456

‐ ‐ 9,625

19,012 18,400 3.33% 19,842 7.84% ‐4.18% 7,831

‐ ‐ ‐ 7,806

‐ ‐ ‐ 11,229

‐ ‐ ‐ (3,423)

500,785 493,745 1.43% 493,745 0.00% 1.43% 548,743

33,500 39,996 ‐16.24% 33,500 ‐16.24% 0.00% 39,858

100 966 ‐89.65% 100 ‐89.65% 0.00% 968

534,385 534,707 ‐0.06% 527,345 ‐1.38% 1.33% 589,569

306,470 317,300 ‐3.41% 317,300 0.00% ‐3.41% 322,580

‐ ‐

7,915 7,407 6.85% 7,457 0.68% 6.14% 8,245

280,000 270,000 3.70% 270,000 0.00% 3.70% ‐

594,385 594,707 ‐0.05% 594,757 0.01% ‐0.06% 330,825

(60,000) (60,000) 0.00% (67,412) 12.35% 11.00% 258,744

(40,988) (41,600) ‐1.47% (47,570) 14.35% 13.84% 272,777

Zion debt service bank account


2022

Budget

2021

Budget

% Change

2021 Budget

2022 Budget

2021

Forecast

2020 Actual

(Audited)

Club House

Revenue 170,750 109,044 56.59% 132,218 30,250

Expenses 808,976 802,333 0.83% 654,199 601,207

Total Subsidy Club House (638,226) (693,289) ‐7.94% (521,981) (570,957)

Golf

Revenue 426,008 469,218 ‐9.21% 413,600 364,875

COGS 12,618 16,106 ‐21.65% 12,251 16,138

Expenses 675,123 624,561 8.10% 640,825 667,297

Total Subsidy Golf (261,734) (171,449) 52.66% (239,475) (318,560)

Restaurant

Revenue 603,015 658,492 ‐8.31% 413,181 271,390

COGS 193,106 211,773 ‐9.72% 132,133 92,833

Expenses 498,106 513,123 ‐2.93% 376,218 358,663

Total Subsidy Restaurant (88,197) (66,404) 32.82% (95,170) (180,106)

Total Subsidy 3 Cost Centers (988,157) (931,142) 6.12% (856,626) (1,069,623)



Classes Cost Per # Offered # of Avg # of

Classs Per Week Classes Students

Aqua Gentle Motion 35$ 3.00 4 20 2,800

Aqua Fitness I 30$ 2.00 5 20 3,000

Aqua Fitness II 30$ 2.00 5 20 3,000

Aqua Cardio 35$ 3.00 5 20 3,500

Aqua Function Motion 35$ 3.00 5 20 3,500

Water Early Birds 30$ 2.00 5 20 3,000

Water Warriors 30$ 2.00 5 20 3,000

Water Squawkers 30$ 2.00 5 20 3,000

Aqua Zumba 25$ 1.00 4 20 2,000

Aqua Zumba 25$ 1.00 4 20 2,000

Ballroom Dance 25$ 1.00 2 10 500

Bones & Balance 30$ 2.00 2 15 900

Bridge 30$ 2.00 4 16 1,920

Clay 35$ 3.00 3 10 1,050

Cooking 30$ 2.00 3 12 1,080

Creative Glass 35$ 3.00 4 18 2,520

Guided Autobiography 30$ 2.00 4 10 1,200

HG Fit Krew 35$ 3.00 4 35 4,900

Jazzercise 30$ 2.00 4 35 4,200

Knit & Crochet #1 30$ 2.00 4 15 1,800

Painting 35$ 3.00 4 25 3,500

Pilates 25$ 1.00 4 15 1,500

Pilates 25$ 1.00 4 10 1,000

Quilting #1 35$ 3.00 4 10 1,400

Quilting #1 35$ 3.00 4 10 1,400

Spanish Beginning 25$ 1.00 4 10 1,000

Spanish Continuing 25$ 1.00 4 10 1,000

Spanish Intermediate 25$ 1.00 4 10 1,000

Restore Rehab 30$ 2.00 4 10 1,200

Weight Strengthening 35$ 3.00 4 50 7,000

Wood Carving 30$ 2.00 4 12 1,440

Wood Intarsia 30$ 2.00 4 10 1,200

Yoga 25$ 1.00 4 15 1,500

Yoga Chair 30$ 2.00 4 25 3,000

Zumba 25$ 1.00 4 15 1,500

Zumba Chair 30$ 2.00 4 25 3,000

Line Dance 25$ 1.00 4 15 1,500

Line Dance 25$ 1.00 2 10 500

Tap Dance 25$ 1.00 2 8 400

Square Dance 30$ 2.00 4 12 1,440

Tai Chi 25$ 1.00 4 10 1,000

Locker Rental - Wood Shop 45 @ $25 1,125

Locker Rental - Billiard 40 @ $10 400

Total 86,875 43,438 100.00% 71,629 11,794

2020 Actual

(Audited)

Heather Gardens Metropolitan District 2022 Class Budget

2022 Budget

2021 Budget

% Change 2021

Budget 2022

Budget

2021 Forecast


CLUB HOUSE

Summary

Sales

Wages/Benefits

Operating Expenses

Net Income <Loss>

D512 CH Building Rentals

D515 Classes

D513 Events

D516.1 Coffee Revenue

D513.1 Trips Revenue

Total Sales

Wages/Benefits

C500 Salaries ‐ FTP

C510 Salaries ‐ Part Time

C520 Salaries ‐ Overtime

C530 Salaries ‐ Teachers

C540 Taxes ‐ Payroll

C550 Retirement Expense

C553 Insurance ‐ Personnel

C574 Recruit/Train/Services

C575 Employee Bonus

C588 Workers Comp Insurance

C588.1 Workers Comp Adjustments


C675.2 Salary Charge Out‐Operations

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

Teacher Hours

Operating Expense

C621.1 Mileage Reimbursement

C627 Pool Care & Supplies

C639 Software & IT

C640 Electric

C643 Gas

C662 Office Supplies & Postage

C662.1 CC & ActiveNet Software

C671 Outside ‐ Contractors

C672 Restaurant Hours

C673 Maintenance Hours

C676 Golf Charge In Hours

C677 Roads & Grounds Hours

C678 Custodial Hours

C683 Repairs ‐ Equipment

C684 Supplies

C684.1 Custodial Supplies

C684.2 Coffee Supplies

C686.1 Special Events Supplies

C686.2 Special Events Contractors

C687 Trips Expense

C688 Non Capital Equipment

C689 Phone & Internet

C698 Water & Sewer



2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

170,750 109,044 56.59% 132,218 21.25% 29.14% 30,250

324,741 278,508 16.60% 291,453 4.65% 11.42% 233,133

484,236 523,825 ‐7.56% 362,746 ‐30.75% 33.49% 368,074

(638,226) (693,289) ‐7.94% (521,981) ‐24.71% 22.27% (570,957)

15,600 17,100 ‐8.77% 15,617 ‐8.67% ‐0.11% 7,242

86,880 43,438 100.01% 71,629 64.90% 21.29% 11,794

31,670 27,245 16.24% 19,220 ‐29.45% 64.78% 9,740

3,600 5,265 ‐31.62% 2,588 ‐50.85% 39.10% 1,170

33,000 15,996 106.30% 23,164 44.81% 42.46% 304

170,750 109,044 56.59% 132,218 21.25% 29.14% 30,250

108,305 107,607 0.65% 89,566 ‐16.77% 20.92% 102,747

75,376 81,691 ‐7.73% 95,194 16.53% ‐20.82% 64,133

‐ ‐ 15 ‐100.00% 106

89,935 49,003 83.53% 69,732 42.30% 28.97% 29,152

26,803 20,249 32.37% 23,722 17.15% 12.99% 17,433

5,234 2,045 155.96% 2,403 17.53% 117.79% 2,017

14,338 13,810 3.82% 7,118 ‐48.46% 101.44% 13,868

1,320 2,295 ‐42.48% 1,270 ‐44.65% 3.91% 834

600 0 281 113.41% 0

2,829 3,608 ‐21.59% 2,529 ‐29.92% 11.88% 3,016

288

324,741 280,308 15.85% 291,831 4.11% 11.28% 233,594

‐ (1,800) ‐100.00% (378) (1) (461)

324,741 278,508 16.60% 291,453 4.65% 11.42% 233,133

2.00 2.00 2.00 1.00

5,810 7,281 6,843 6,479

‐ ‐ ‐ 4

3,294 3,600 1,951 1,083

96 96 0.00% ‐ -100.00% 17

19,738 19,138 3.14% 11,546 -39.67% 70.96% 14,513

4,080 4,080 0.00% 7,099 73.99% -42.53% 3,482

93,261 85,551 9.01% 90,538 5.83% 3.01% 87,763

20,077 17,617 13.97% 18,748 6.42% 7.09% 15,958

7,200 8,520 ‐15.49% 5,868 -31.13% 22.70% 5,253

12,600 8,520 47.89% 6,180 -27.46% 103.88% 3,591

19,662 19,980 ‐1.59% 16,509 -17.37% 19.10% 22,287

‐ ‐ ‐ 6,991

27,043 76,077 ‐64.45% 28,076 -63.10% -3.68% 33,596

‐ 4,598 ‐100.00% ‐ -100.00% 4,016

‐ 13,393 ‐100.00% 451 -96.63% -100.00% 6,507

114,579 136,419 ‐16.01% 93,735 -31.29% 22.24% 75,587

9,246 9,015 2.56% 5,162 -42.74% 79.13% 10,673

18,750 22,875 ‐18.03% 9,603 -58.02% 95.24% 11,768

24,000 24,000 0.00% 18,189 -24.21% 31.95% 14,559

2,760 6,750 ‐59.11% 1,740 -74.22% 58.62% 1,675

14,420 9,063 59.11% 4,761 -47.47% 202.90% 3,602

17,250 7,225 138.75% 4,301 -40.47% 301.06% 6,779

33,000 13,800 139.13% 15,406 11.64% 114.20% 5,205

22,740 8,870 156.37% 2,743 ‐69.08% 729.06% 8,630

4,440 4,440 0.00% 4,008 ‐9.73% 10.78% 4,444

19,294 23,798 ‐18.93% 18,085 ‐24.01% 6.69% 21,178

484,236 523,825 ‐7.56% 362,746 ‐30.75% 33.49% 368,074

808,976 802,333 0.83% 654,199 ‐18.46% 23.66% 601,207



CLUB HOUSE 2022 2021 Percent 2021 2020


C574‐Recruit/Train/Services

New Hire Screening/Ad 265 460

Lift Training ‐ OSHA 173 300


Colo Parks & Rec Membership 49 85

CASC workshop 86 150

CPRA Conference ‐ ‐

CPO Course 288 500

Computer Class 173 300

1,320 2,295 ‐42.48% 1,270 834

C588 ‐ Workers Comp Insurance


Deductible 784 1,000

2,829 3,608 ‐21.58% 2,529 3,016

C627 ‐ Pool Care Supplies

UV Services 1,815 1,760

Chemicals 9,530 9,240

Pool Perfect System/Maintenance 2,269 2,200

Testing Kits/Supplies 701 680

Recalibrate Palin Tester 340 330

Leak Control Replacement 1,679 1,628

Replace Socks & O Rings 3,403 3,300

19,738 19,138 3.14% 11,546 14,513

C639 ‐ Software & IT

SOS 4,080 4,080

4,080 4,080 0.00% 7,099 3,482

C662 ‐ Office Supplies/Postage

Misc Office Supplies 1,014 1,200

Specialty Paper 203 240

Copier Lease 2,637 3,120

Copies 3,346 3,960

7,200 8,520 ‐15.49% 5,868 5,253




C662.1 ‐ ActiveNet Software & CC Expense

Active Net 2.5% of all registrations 4,082 4,600

Credit Card ‐ 100% of all Sales @ 3.5% 8,518 9,600

Covid adjustment (5,680)

12,600 8,520 47.89% 6,180 3,591

C671 ‐ Outside Contractors

Exercise equipment demo 236 240

Resurface Auditorium Floor 2,952 3,000

Tower Electric 984 1,000

Department of Labor ‐ Chemicals 25 25

‐ ‐

Tune pianos 315 320

Test fire alarm system 590 600

Glass replacement/mirrors 1,575 1,600

Trash removal 4,133 4,200

Pool window cleaning ‐ acid wash 236 240

Window Cleaning 768 780

Sound system preventative Maintenance 492 500

Rose Sign Language Interpreting 177 180

Fitness Equipment Service Contract 354 360

Fire Alarm Monitoring 354 360

Fire Extinguisher Testing 531 540

Sprinkler Testing 236 240

Backflow Testing 241 245

Billiards Repair 148 150

Elevator Maintenance 2,067 2,100

HVAC Service Agreement 2,952 3,000

Equipment Certification for lift 295 300

19,662 19,980 ‐1.59% 16,509 22,287

C673 ‐ Maintenance Hours

Maintenance Charge out 26,382 74,217

Paint Charge 661 1,860

‐ ‐

27,043 76,077 ‐64.45% 28,076 33,596

C683 ‐ Repairs Equipment

Wood Shop equipment 1,723 1,680

Exercise equipment repairs 2,461 2,400

Kiln repairs 1,077 1,050




Piano 538 525

Locks,keys, signage 646 630

Locker Room ‐ ‐

Stanley doors 2,585 2,520

Patio Furniture ‐ ‐

Tennis Club ball machine 215 210

‐

9,246 9,015 2.56% 5,162 10,673

C684 ‐ Supplies

Electric, plumbing, hardware 6,393 7,800

‐

Stained Glass Tools 246 300

Holiday Decorations 164 200

First Aid Supplies 492 600

Class Supplies 492 600

Outdoor flowers 2,131 2,600

Trees & shrubs 1,230 1,500

Mulch 2,459 3,000

Inventory Withdrawals 1,967 2,400

Staff Shirts 410 500

Clay 184 225

Quilting 123 150

Air Filters 984 1,200

Supplies 820 1,000

Fitness class 656 800

‐

18,750 22,875 ‐18.03% 9,603 11,768

C686.1 ‐ Special Events Supplies

Movie License 3,294 4,140

Movie Supplies 1,432 1,800

First Sat Dance food 1,050 1,320

Dance Supplies ‐ décor/table cloths ‐ 0

Monthly Concerts/Events 955 1,200

Resource Fair 509 640

Fitness Fair 1,273 1,600

New Year's Eve Party 398 500

Poker Table Tops ‐ ‐

Miscellaneous Expense 955 1,200

SESAC License 1,114 1,400

BMI Music License 696 875

Talent Show 119 150

Popcorn Machine 159 200




Flea Market 318 400

Craft Fair 557 700

Clubhouse Showcase 159 200

Fashion Show 318 400

Travel Expo 398 500

Texas Hold'em 716 900

Covide Adjustment (9,062)

14,420 9,063 59.11% 4,761 3,602

C686.2 ‐ Special Events Contractors

First Sat Dance 4,200 4,200

Volunteer Luncheon 1,500 1,500

Monthly Concerts/Events 4,800 4,800

New Year's Eve Party 1,000 1,000

Miscellaneous Holiday Events 1,400 1,400

Miscellaneous General ‐ ‐

Memorial Day 200 200

Smithtonians Bell Choir 400 400

Denver Brass 450 450

John Phillip Souza Band 500 500


14,450 7,225 100.00% 4,301 6,779

C687 ‐ Trips Expenses

RTD Senior Ride Trips 11,478 9,600

Chartered Coach Trips 21,522 18,000


33,000 13,800 139.13% 15,406 5,205

C688 ‐ Non Capital Equipment

Billiard Table Repair & Cover 3,846 1,500

Pickleball/Tennis Equipment 5,127 2,000

Projector 7,691 3,000

Compressor 769 300

Drill Press 3,846 1,500

Tables 1,461 570

22,740 8,870 156.37% 2,743 8,630




C689 ‐ Telephone & Internet

Comcast 2,400 2,400

Telephone 840 840

Internet 1,200 1,200

4,440 4,440 0.00% 4,008 4,444


GOLF

Summary

Sales

Cost of Goods Sold

Gross Profit

Wages/Benefits

Operating Expenses

Net Income <Loss>

Sales

D507 Golf Fees Daily

D507.1 Golf Simulator

D509.2 Golf Disc ‐ 40 Play

D511 Golf Cart Rental Income

D511.1 Golf Merchandise

D511.2 Golf Lesson

D511.3 Golf Bag Storage

D511.4 Golf Pull Cart

Total Sales

Cost of Goods Sold

G450 Merchandise

Total COGS

Gross Profit

Wages/Benefits

G500 Salaries ‐ FTP

G510 Salaries ‐ Part Time

G520 Salaries ‐ Overtime

G540 Taxes ‐ Payroll

G545 Temporary Outside Labor

G550 Retirement Expense

G553 Insurance ‐ Personnel

G574 Recruit/Train/Services

G575 Employee Bonus

G588 Workers Comp Insurance

G588.1 Workers Comp Adjustments


Vacancy Adjustment

G675.2 Salary Charge Out‐Operations

Net Wages/Benefits

Full Time Employees

Part Time Hours

Overtime Hours

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

426,008 469,218 ‐9.21% 413,600 ‐11.85% 3.00% 364,875

12,618 16,106 ‐21.65% 12,251 ‐23.94% 3.00% 16,138

413,390 453,112 ‐8.77% 401,349 ‐11.42% 3.00% 348,737

486,822 452,164 7.66% 471,231 4.22% 3.31% 488,601

188,301 172,397 9.23% 169,594 ‐1.63% 11.03% 178,696

(261,734) (171,449) ‐52.66% (239,475) ‐39.68% ‐9.29% (318,560)

284,281 332,695 ‐14.55% 276,001 -17.04% 3.00% 260,230

1,578 3,720 0.00% 1,532 0.00% 3.00% 1,158

25,211 17,064 47.74% 24,477 43.44% 3.00% 12,450

70,315 69,105 1.75% 68,267 -1.21% 3.00% 50,351

24,266 30,955 ‐21.61% 23,559 -23.89% 3.00% 23,926

8,900 4,090 117.60% 8,641 111.27% 3.00% 6,016

6,705 6,525 2.76% 6,510 -0.23% 3.00% 5,970

4,752 5,064 ‐6.16% 4,614 -8.89% 3.00% 4,774

426,008 469,218 ‐9.21% 413,600 ‐11.85% 3.00% 364,875

12,618 16,106 ‐21.65% 12,251 ‐23.94% 3.00% 16,138

12,618 16,106 ‐21.65% 12,251 ‐23.94% 3.00% 16,138

413,390 453,112 ‐8.77% 401,349 ‐11.42% 3.00% 348,737

302,069 287,846 4.94% 295,044 2.50% 2.38% 308,756

91,736 75,819 20.99% 89,165 17.60% 2.88% 87,692

4,479 4,200 6.65% 4,361 3.84% 2.71% 4,265

33,787 31,086 8.69% 34,920 12.33% -3.24% 32,729

‐ 1,400 ‐100.00% 0 -100.00% 2,681

13,200 11,349 16.31% 13,181 16.14% 0.14% 12,617

31,487 34,524 ‐8.80% 30,255 -12.36% 4.07% 32,804

5,997 5,778 3.79% 1,641 -71.61% 265.53% 4,023

2,000 1,000 100.00% 1,042 4.23% 91.89% 1,536

3,567 3,760 ‐5.13% 3,154 -16.11% 13.08% 5,155

‐ 0 359

488,322 456,762 6.91% 472,764 3.50% 3.29% 492,617

‐ ‐

(1,500) (4,598) ‐67.38% (1,533) ‐66.66% -2.15% (4,016)

486,822 452,164 7.66% 471,231 4.22% 3.31% 488,601

5 5 5 5

6,492 5,254 6,343 6,946

206 191 143 124



GOLF

Operating Expense

G621 Fuel Expense

G621.1 Mileage Reimbursement

G624 Contingency‐Water

G635 Tree & Shrub Replacement

G639 Software & IT

G640 Electric

G640.1 Electric ‐ Pump

G643 Gas

G645 Uniforms

G659 Miscellaneous

G662 Office Supplies & Postage

G662.1 Credit Card Expense

G664 Advertising

G665 Rent ‐ Equipment

G670 Asphalt Repairs

G671 Outside ‐ Contractors

G676.1 Golf Shop Supplies

G680 Radio Communications

G683 Repairs ‐ Equipment

G684 Supplies

G688 Non Capital Equipment

G689 Telephone

G697 Marketing



NET INCOME

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)


6,375 6,189 3.00% 6,118 -1.14% 4.19% 5,716

165 160 3.00% 36 -77.50% 357.78% 134

10,300 10,000 3.00% 8,400 -16.00% 22.62% 8,381

714 700 2.00% 0 -100.00% 0

3,090 3,000 3.00% 2,707 -9.77% 14.15% 3,270

9,312 7,738 20.35% 9,087 17.43% 2.48% 8,516

46,243 34,545 33.86% 43,839 26.90% 5.48% 45,836

1,198 899 33.25% 1,101 22.44% 8.83% 1,179

2,035 1,995 2.00% 473 -76.28% 330.08% 1,483

‐ 0 0.00% 0 0

52 50 3.00% 50 0.00% 3.00% 76

15,794 15,484 2.00% 14,249 -7.98% 10.84% 15,712

‐ 0 0.00% 0 255

1,442 1,400 3.00% 1,214 -13.31% 18.81% 1,208

4,896 4,800 2.00% 0 -100.00% 0

19,511 18,877 3.36% 23,637 25.21% -17.46% 17,514

1,920 1,864 3.00% 3,113 67.01% -38.33% 1,296

206 200 3.00% 1,020 410.00% -79.80% 0

14,400 14,000 2.86% 12,763 -8.84% 12.83% 15,592

42,050 40,896 2.82% 34,973 -14.48% 20.24% 47,131

‐ 0 3,655 -100.00% 1,769

3,600 3,600 0.00% 3,159 -12.24% 13.94% 3,628

5,000 6,000 ‐16.67% 0

188,301 172,397 9.23% 169,594 ‐1.63% 11.03% 178,696

675,123 624,561 8.10% 640,825 2.60% 5.35% 667,297

(261,734) (171,449) 52.66% (239,475) 39.68% 9.29% (318,560)


GOLF 2022 2021 Percent 2021 2020


G574-Recruit/Train/Services


Turf Seminar ‐ ‐

Pesticide License ‐ ‐

New Hire Screening/Ad 450 450

Computer Class ‐ ‐

National Golf Conference 3,888 3,888

Rocky Mountain Association 165 165

Golf Superintendents Association 784 565

Colorado Golf Association 100 100

United States Golf Association 110 110

Mechanic Training 150 150

5,997 5,778 3.79% 1,641 4,023

G588 ‐ Workers Comp


Deductible 474 500

3,567 3,760 ‐5.12% 3,154 5,155

G621 ‐ Fuel


Total Unleaded Gas 3,943 3,828


Total Diesel Gas 2,432 2,361

Total Unleaded & Diesel ‐ Budget 6,375 6,189 3.01% 6,118 5,716

G639 ‐ Software & IT

SOS 3,090 3,000

3,090 3,000 3.00% 2,707 3,270


GOLF 2022 2021 Percent 2021 2020


G645 ‐ Uniforms

Uniform Cleaning 734 720

Uniform Purchases 1,301 1,275

2,035 1,995 2.00% 473 1,483

G671 ‐ Outside Contractors

Pump and Well Service 1,034 1,000

Tree Removal 10,336 10,000

Sanolet Service 3,349 3,240

Goose Service ‐ ‐

Nat Sup Network ‐ ‐

Airvac Services 1,445 1,398


Aquatic Weed Control 258 249

Deep Tine Contractor ‐ ‐

19,511 18,877 3.36% 23,637 17,514


GOLF 2022 2021 Percent 2021 2020


G684 ‐ Supplies

Irrigation parts 5,655 5,500

Inventory supplies 370 360

Top dressing 2,056 2,000

Bunker sand 6,169 6,000

Greens fertilizer 3,085 3,000

Fairways & tee fertilizer 4,113 4,000

rough fertilizer 4,113 4,000

Fungicides/snow mold contorl 1,542 1,500

Lake Dye 566 550

Misc course accessories 1,806 1,756

Tools 206 200

Seed ‐ greens 514 500

Seed ‐ fairways 4,113 4,000

Drainage Supplies 514 500

Herbicides 720 700

Surfactants 2,571 2,500

Sod 206 200

Top Soil 514 500

Tree Supplies ‐ ‐

Safety Equipment 103 100

Signage 206 200

Ice Melt 823 800

Shop Service 1,213 1,180

Misc. Supplies 668 650

Marking Paint 206 200

Water Cooler Stand ‐ ‐

Adjustments for Budgeting ‐ ‐

42,050 40,896 2.82% 34,973 47,131


RESTAURANT

Summary

Sales

Cost of Goods Sold

Gross Profit

Wages/Benefits

Operating Expenses

Net Income <Loss>

Sales

D506 Food Sales

D506.1 Beer Sales

D506.2 Wine Sales

D506.3 Liquor Sales

Total Sales

Cost of Goods Sold

H450 Food

H455 Beer

H455.1 Wine

H455.2 Liquor

Total COGS

Gross Profit

Wages/Benefits

H500 Salaries ‐ FTP

H510 Salaries ‐ Part Time

H520 Salaries ‐ Overtime

H540 Taxes ‐ Payroll

H550 Retirement Expense

H553 Insurance ‐ Personnel

H574 Recruit/Train/Services

H575 Employee Bonus

H588 Workers Comp Insurance

H588.1 Workers Comp Adjustments


Full Time Employees

Part Time Hours

Overtime Hours

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)

603,015 658,492 ‐8.42% 413,181 ‐37.25% 45.94% 271,390

193,106 211,773 ‐8.81% 132,133 ‐37.61% 46.15% 92,833

409,909 446,719 ‐8.24% 281,048 ‐37.09% 45.85% 178,557

375,187 360,832 3.98% 281,573 ‐21.97% 33.25% 279,063

122,920 152,291 ‐19.29% 94,645 ‐37.85% 29.87% 79,600

(88,197) (66,404) 32.82% (95,170) 43.32% 7.33% (180,106)

511,205 557,534 ‐8.31% 343,121 -38.46% 48.99% 227,426

25,580 32,658 ‐21.67% 21,803 -33.24% 17.32% 11,720

33,752 35,642 ‐5.30% 24,175 -32.17% 39.62% 16,437

32,478 32,658 ‐0.55% 24,082 -26.26% 34.86% 15,807

603,015 658,492 ‐8.42% 413,181 ‐37.25% 45.94% 271,390

173,810 189,562 ‐8.31% 116,661 ‐38.46% 48.99% 83,032

7,674 7,185 6.81% 6,541 ‐8.97% 17.32% 3,172

6,750 7,841 ‐13.91% 5,318 ‐32.17% 26.92% 3,375

4,872 7,185 ‐32.20% 3,612 ‐49.72% 34.86% 3,254

193,106 211,773 ‐8.81% 132,133 ‐37.61% 46.15% 92,833

409,909 446,719 ‐8.24% 281,048 ‐37.09% 45.85% 178,557

68% 68% 68% 66%

165,849 142,069 16.74% 147,975 4.16% 12.08% 164,137

138,693 164,623 ‐15.75% 82,636 ‐49.80% 67.84% 60,783

‐ 4,151 ‐100.00% ‐ ‐100.00% 606

31,329 27,544 13.74% 26,575 ‐3.52% 17.89% 23,233

8,214 2,729 201.00% 6,026 120.80% 36.32% 5,439

22,776 13,810 64.93% 10,394 ‐24.73% 119.13% 17,498

3,280 1,720 90.70% 3,273 90.27% 0.23% 1,771

1,600 ‐ 1,608 ‐0.50% 668

3,444 4,186 ‐17.73% 3,086 ‐26.28% 11.61% 4,576

‐ ‐ 352

375,187 360,832 3.98% 281,573 ‐21.97% 33.25% 279,063

3 2 3.00 2.00

12,007 15,875 6,343 6,946

‐ 252 32 39



RESTAURANT

Operating Expense

H621.1 Mileage Reimbursement

H639 Software & IT

H640 Electric

H643 Gas

H644 Water

H645 Phone & TV

H646 Trash Removal

H651 Uniforms

H652 Discounts & Comps

H655 Linen Service

H662 Office Supplies

H671 Outside Contractors

H673 Maintenance Hours

H674 Custodial Hours

H675.2 Salaries‐Charged Out

H681 Credit Card Fees

H683 Repairs ‐ Equipment

H684 China/Glass/Flatware

H684.1 Restaurant/Kitchen Supplies

H684.2 Supplies ‐ Other

H684.3 Equipment

H685 Cleaning Supplies

H688 Non Capital Equipment

H689 Marketing

H690 Licenses & Taxes


NET INCOME

2022

Budget

2021

Budget

% Change

2021 Budget


% Change

2021 Budget

2021 Forecast

% Change

2021 Forecast

2022 Budget

2020 Actual

(Audited)


‐ ‐ ‐

6,000 3,600 66.67% 3,921 8.90% 53.04% 2,112

23,315 22,167 5.18% 22,644 2.15% 2.97% 22,214

5,019 4,404 13.97% 5,210 18.30% -3.66% 3,662

1,858 2,367 ‐21.51% 1,860 -21.43% -0.10% 1,937

3,600 3,600 0.00% 3,195 -11.24% 12.66% 4,255

4,800 5,100 ‐5.88% 4,805 -5.78% -0.11% 4,855

900 960 ‐6.25% 859 -10.54% 4.79% 831

6,000 6,585 ‐8.88% 5,942 -9.77% 0.98% 3,315

‐ 4,704 ‐100.00% ‐ -100.00% 993

500 660 ‐24.24% (44) -106.67% 1236.36% 1,520

6,000 6,730 ‐10.85% 3,619 -46.23% 65.80% 4,262

2,551 10,234 ‐75.07% 3,214 -68.59% -20.64% 4,243

6,300 7,560 ‐16.67% 3,641 -51.84% 73.02% 3,307

‐ 0 (10,078)

13,200 19,755 ‐33.18% 15,010 -24.02% -12.06% 11,152

3,600 4,910 ‐26.68% 45 -99.09% 7976.92% 2,561

2,400 3,000 ‐20.00% 1,298 -56.74% 84.94% 1,879

18,000 19,755 ‐8.88% 12,538 -36.53% 43.56% 9,476

‐ ‐ ‐

‐ ‐ ‐

3,600 12,600 ‐71.43% 2,820 -77.62% 27.66% 1,846

6,000 3,000 100.00% ‐ ‐100.00% 1,365

6,000 6,000 0.00% 703 ‐88.29% 753.66% ‐

3,276 4,600 ‐28.78% 3,366 -26.83% -2.67% 3,893

122,920 152,291 ‐19.29% 94,645 ‐37.85% 29.87% 79,600

(88,197) (66,404) 32.82% (95,170) 43.32% 7.33% (180,106)


RESTAURANT 2022 2021 Percent 2021 2020


H574 ‐ Recruiting Training

Craigslist 420 420

Employment Screening 2,760 1200


3,280 1,720 90.70% 3,273 1,771

H588 ‐ Workers Comp

Monthly Insurance (renew in Aug) 3,444 3,186

Deductible ‐ 1,000

‐

3,444 4,186 ‐17.73% 3,086 4,576

H671 ‐ Outside Contractors

Hood Cleaning 1,765 1,980

Hood Inspection 847 950

Grease Trap Pump 1,248 1,400

BEC Gift Cards 535 600

Entertainment 1,605 1,800

‐ ‐

6,000 6,730 ‐10.85% 3,619 4,262

H684.3 ‐ Equipment

2 Drawer Bread Warmer ‐ ‐

Microwave ‐ ‐

‐ ‐ ‐ ‐

H688 ‐ Non Captial Equipment

sandwich counter. Range, microwaves, waffle

machine 6,000 3,000

‐ ‐

‐ ‐

6,000 3,000 100.00% ‐ 1,365

H689 ‐ Marketing


RESTAURANT 2022 2021 Percent 2021 2020


Heather n Yon ‐ ‐

Heather Ridge ‐ ‐


Print Media ‐ ‐

6,000 6,000 0.00% 703 ‐

H690 ‐ Licenses & Taxes

POS Annual License 1,424 2,000

Personal Property Tax 499 700

Liquor License 1,353 1,900

3,276 4,600 ‐28.78% 3,366 3,893


Capital Revenues Budget

Home‐Owners Dues 397,293

Capital Adjustment ‐

Est Earnings 10

Income Taxes (Exempt) ‐ 397,303


Carryover Projects ‐

New 2022 Projects 339,123

Total 339,123

Contribution to Reserves 58,180

Total Capital Expenditures 397,303

Heather Gardens Metro Districts

2022 Capital Reserves Report


CO Category ComponentLast Done

Cycle Offset Life

2022 Projects

CR Club Exterior Paint Clubhouse 2012 0 10 52,672$ CR Club Flooring Management Office/Board Room 2012 2 8 20,960$ CR Club HVAC Two variable speed motors 2012 5 5 11,285$ CR Clubhouse Equip Auditorium sound system 2012 0 10 6,885$ CR Clubhouse Equip Kilns 2012 0 10 28,212$ CR Clubhouse Equip Security Cameras 2012 0 10 6,478$ CR Clubhouse Equip Storage Tank Domestic for Club House 2012 0 10 21,159$ CR Pools Indoor Pool Heater/Boiler 2012 0 10 32,704$ CR Pools Chemical control system, indoor pool/spa 2012 0 10 17,361$ CR Pools Pool, outdoor, plaster finish 2013 0 9 60,020$ CR Restaurant Storage tank Rendezvous 2012 0 10 21,159$ GC Golf Course Lake Fountain Large 2016 0 6 11,355$ GC Golf Equip Tractor w/forklift & backhoe 1987 5 30 48,873$

PROJECT TOTALS 339,123$


HEATHER GARDENS ASSOCIATION MONTHLY HOMEOWNERS DUES BUDGET YEAR 2022

Unit CAPITAL REC WATER & GAS & 2022 2021 $ CHANGE PERCENTType RESERVE FEE SEWER INSUR. MAINT. ELEC TOTAL TOTAL 2021-2022 CHANGE

ALPHAB 85.07 46.58 45.53 42.72 161.54 29.56 411.00 374.00 37.00 9.9%E 90.98 47.50 45.53 45.69 173.26 31.04 434.00 394.00 40.00 10.2%

A (Base) 111.49 50.69 45.53 55.99 212.10 36.20 512.00 464.00 48.00 10.3%C 126.48 53.01 45.53 63.51 240.50 39.97 569.00 516.00 53.00 10.3%G 127.27 53.14 45.53 63.91 241.99 40.16 572.00 519.00 53.00 10.2%F 139.10 54.97 45.53 69.85 264.41 43.14 617.00 559.00 58.00 10.4%

BB 170.14 57.18 45.53 85.44 323.60 59.11 741.00 677.00 64.00 9.5%AE 202.48 62.20 45.53 101.68 385.87 67.24 865.00 788.00 77.00 9.8%AA 223.93 65.53 45.53 112.45 425.93 72.63 946.00 862.00 84.00 9.7%

SOMERSETB-77-6 85.31 46.62 45.53 42.84 162.08 29.62 412.00 374.00 38.00 10.2%

K-6 99.66 48.85 45.53 50.05 189.69 33.22 467.00 424.00 43.00 10.1%A-77-6 111.41 50.68 45.53 55.95 212.25 36.18 512.00 464.00 48.00 10.3%

J-6 126.48 53.01 45.53 63.51 240.50 39.97 569.00 516.00 53.00 10.3%C-6 126.48 53.01 45.53 63.51 240.50 39.97 569.00 516.00 53.00 10.3%F-6 139.10 54.97 45.53 69.85 264.41 43.14 617.00 559.00 58.00 10.4%

AB-6 196.72 61.31 45.53 98.78 374.87 65.79 843.00 769.00 74.00 9.6%AK-6 210.52 63.45 45.53 105.72 400.52 69.26 895.00 816.00 79.00 9.7%

AA-77-6 222.83 65.36 45.53 111.90 424.02 72.36 942.00 858.00 84.00 9.8%SEVILLE

B-S 78.36 45.54 45.53 39.35 149.35 27.87 386.00 350.00 36.00 10.3%K-S 90.12 47.37 45.53 45.25 171.91 30.82 431.00 391.00 40.00 10.2%A-S 100.37 48.96 45.53 50.40 191.34 33.40 470.00 426.00 44.00 10.3%C-S 112.44 50.83 45.53 56.46 214.30 36.44 516.00 468.00 48.00 10.3%F-S 120.96 52.16 45.53 60.74 230.03 38.58 548.00 497.00 51.00 10.3%

AB-S 178.73 58.51 45.53 89.75 340.21 61.27 774.00 707.00 67.00 9.5%BC-S 190.80 60.39 45.53 95.81 363.16 64.31 820.00 748.00 72.00 9.6%AK-S 190.49 60.34 45.53 95.66 362.75 64.23 819.00 747.00 72.00 9.6%

ATRIUMN-2 78.29 45.53 45.53 39.31 149.49 27.85 386.00 350.00 36.00 10.3%M-2 82.23 46.14 45.53 41.29 156.97 28.84 401.00 364.00 37.00 10.2%K-2 101.79 49.18 45.53 51.12 193.62 33.76 475.00 431.00 44.00 10.2%A-2 113.70 51.03 45.53 57.10 216.89 36.75 521.00 472.00 49.00 10.4%

A-2-3 118.35 51.75 45.53 59.43 225.02 37.92 538.00 488.00 50.00 10.2%C-2 126.95 53.09 45.53 63.75 241.60 40.08 571.00 518.00 53.00 10.2%L-2 126.95 53.09 45.53 63.75 241.60 40.08 571.00 518.00 53.00 10.2%F-2 140.20 55.15 45.53 70.40 267.30 43.42 622.00 563.00 59.00 10.5%

AK-2 215.49 64.22 45.53 108.21 410.04 70.51 914.00 833.00 81.00 9.7%AK-2-3 220.14 64.94 45.53 110.55 419.16 71.68 932.00 849.00 83.00 9.8%

OMEGAB-O 84.12 46.44 45.53 42.24 160.35 29.32 408.00 370.00 38.00 10.3%K-O 98.95 48.74 45.53 49.69 188.04 33.05 464.00 421.00 43.00 10.2%A-O 109.84 50.43 45.53 55.16 209.26 35.78 506.00 459.00 47.00 10.2%C-O 124.98 52.78 45.53 62.76 238.36 39.59 564.00 511.00 53.00 10.4%F-O 139.97 55.11 45.53 70.29 266.74 43.36 621.00 562.00 59.00 10.5%

AK-O 208.79 63.18 45.53 104.84 397.83 68.83 889.00 810.00 79.00 9.8%COUNTRY PLACES & TOWN HOMES

3BR 125.06 52.79 45.53 62.80 237.82 0.00 524.00 468.00 56.00 12.0%2BR 109.28 50.34 45.53 54.88 207.97 0.00 468.00 418.00 50.00 12.0%3B2 148.01 56.36 45.53 74.33 281.77 0.00 606.00 542.00 64.00 11.8%TH 147.62 56.30 45.53 74.13 281.42 0.00 605.00 541.00 64.00 11.8%MV 89.88 47.33 45.53 45.13 171.13 0.00 399.00 356.00 43.00 12.1%

HOMEOWNERS DUES BUDGET TOTAL DUESBY CATEGORY 3,401,830 1,496,739 1,325,468 1,708,273 6,477,035 955,938 15,365,283 13,911,979 1,453,304 10.45%

W/O GAS & ELECTRIC 14,409,345 12,867,065 1,542,280 11.99%

PREVIOUS YEAR'S BUDGET:BY CATEGORY 2,597,021 1,516,758 974,552 1,713,054 6,065,680 1,044,914 13,911,979 % CHANGE 31.0% -1.3% 36.0% -0.3% 6.8% -8.5% 10.4%


2022 Budget 2024 Forecast 2026 Forecast 2023 2024 2025 2026

Summary

Revenue* 14,031,052 15,714,954 17,444,619 6.6% 5.1% 5.3% 5.4%

Wages/Benefits 5,033,564 5,405,144 5,813,011 3.6% 3.6% 3.7% 3.7%

Operating Expenses 9,320,341 10,309,809 11,631,609 4.5% 5.9% 6.1% 6.3%

Total (322,853) ‐ ‐

Wages/Benefits

Custodial 334,033 354,376 375,957 3.0% 3.0% 3.0% 3.0%

Custodial‐ Insurance 52,201 63,164 76,428 10.0% 10.0% 10.0% 10.0%

Contracts 205,452 217,964 231,238 3.0% 3.0% 3.0% 3.0%

Contracts‐ Insurance 13,555 16,402 19,846 10.0% 10.0% 10.0% 10.0%

Maintenance 1,403,834 1,489,328 1,580,028 3.0% 3.0% 3.0% 3.0%

Maintenance‐ Insurance 152,147 184,098 222,759 10.0% 10.0% 10.0% 10.0%

Administration 1,068,554 1,133,629 1,202,667 3.0% 3.0% 3.0% 3.0%

Administration‐ Insurance 67,110 81,203 98,256 10.0% 10.0% 10.0% 10.0%

Paint 274,992 291,739 309,506 3.0% 3.0% 3.0% 3.0%

Paint‐ Insurance 13,644 16,510 19,977 10.0% 10.0% 10.0% 10.0%

Roads & Grounds 847,042 898,627 953,354 3.0% 3.0% 3.0% 3.0%

Roads & Grounds‐ Insurance 78,785 95,330 115,350 10.0% 10.0% 10.0% 10.0%

Security 463,468 491,693 521,637 3.0% 3.0% 3.0% 3.0%

Security‐ Insurance 58,745 71,082 86,009 10.0% 10.0% 10.0% 10.0%

Vacancy Adjustment ‐ ‐ ‐

Total Wages/Benefits 5,033,564 5,405,144 5,813,011

Operating Expense

General Association 224,336 237,998 252,492 3.0% 3.0% 3.0% 3.0%

Capital Reserve* 3,401,830 3,529,151 3,780,515 3.5% 3.5% 3.5% 3.5%

Insurance 1,822,345 2,410,052 3,187,294 15.0% 15.0% 15.0% 15.0%

Electric 369,661 392,173 416,056 3.0% 3.0% 3.0% 3.0%

Gas 737,792 782,723 830,391 3.0% 3.0% 3.0% 3.0%

Water & Sewer 1,207,000 1,305,492 1,412,020 4.0% 4.0% 4.0% 4.0%

Custodial 59,769 63,409 67,271 3.0% 3.0% 3.0% 3.0%

Contracts 6,524 6,921 7,343 3.0% 3.0% 3.0% 3.0%

Maintenance 889,842 944,033 1,001,525 3.0% 3.0% 3.0% 3.0%

Administration 211,397 224,271 237,929 3.0% 3.0% 3.0% 3.0%

Paint 59,328 62,941 66,774 3.0% 3.0% 3.0% 3.0%

Roads & Grounds 235,350 249,683 264,888 3.0% 3.0% 3.0% 3.0%

Security 95,167 100,963 107,111 3.0% 3.0% 3.0% 3.0%

Total Operating Expense 9,320,341 10,309,809 11,631,609

Summary of HGA Dues

HGA Avg Dues 476.39$ 533.56$ 592.28$ 6.6% 5.1% 5.3% 5.4%

HGMD Avg Dues 51.41$ 54.54$ 57.87$ 3.0% 3.0% 3.0% 3.0%

Total Avf Monthly Dues 527.80$ 588.10$ 650.15$ 6.2% 4.9% 5.1% 5.2%

*Forecasted increase for Capital Reserve is based on base amount of $2,576,830

Appendix A: HGA 3 and 5 Year Budget Outlook

Assumed annual rate increase


2022

Budget

2023

Forecast

2024

Forecast

2025

Forecast

2026

Forecast 2023 2024 2025 2026

Summary

Revenue 1,233,433 1,270,436 1,308,549 1,347,806 1,388,240 3.0% 3.0% 3.0% 3.0%

COGS 205,724 211,896 218,253 224,800 231,544 3.0% 3.0% 3.0% 3.0%

Wages/Benefits 1,118,148 1,151,693 1,186,244 1,221,831 1,258,486 3.0% 3.0% 3.0% 3.0%

Operating Expenses 1,404,900 1,342,749 1,389,814 1,438,872 1,490,037 ‐4.4% 3.5% 3.5% 3.6%

(1,495,339) (1,435,901) (1,485,761) (1,537,697) (1,591,827) ‐4.0% 3.5% 3.5% 3.5%

Club House

Revenue 170,750 175,873 181,149 186,583 192,181 3.0% 3.0% 3.0% 3.0%

Wages/ Benefits 310,403 319,715 329,307 339,186 349,361 3.0% 3.0% 3.0% 3.0%

Insurance Benefits 14,338 15,771 17,348 19,083 20,992 10.0% 10.0% 10.0% 10.0%

Operating Expenses 484,236 498,763 513,726 529,137 545,012 3.0% 3.0% 3.0% 3.0%

Total Subsidy Club House (638,226) (658,377) (679,232) (700,823) (723,184)

Golf

Revenue 426,008 438,788 451,952 465,511 479,476 3.0% 3.0% 3.0% 3.0%

COGS 12,618 12,997 13,387 13,788 14,202 3.0% 3.0% 3.0% 3.0%

Wages/ Benefits 455,335 468,995 483,065 497,557 512,484 3.0% 3.0% 3.0% 3.0%



Total Subsidy Golf (261,734) (271,790) (282,368) (293,506) (305,245)

Restaurant

Revenue 603,015 621,106 639,739 658,931 678,699 3.0% 3.0% 3.0% 3.0%

COGS 193,106 198,899 204,866 211,012 217,342 3.0% 3.0% 3.0% 3.0%

Wages/ Benefits 352,410 362,983 373,872 385,088 396,641 3.0% 3.0% 3.0% 3.0%



Total Subsidy Restaurant (88,197) (67,383) (69,404) (71,487) (73,631)

Other Expenses & Revenue

Revenue 33,660 34,670 35,710 36,781 37,885 3.0% 3.0% 3.0% 3.0%

Insurance 56,690 58,391 60,143 61,947 63,806 3.0% 3.0% 3.0% 3.0%

Capital Outlay* 397,293 300,112 310,616 321,487 332,739 3.5% 3.5% 3.5% 3.5%


Total (507,182) (413,297) (427,197) (441,566) (456,420)

*Forecasted increase on Capital Outlay is based on base amount of $339,123

Appendix B: HGMD 3 and 5 year Budget Outlook

Assumed annual rate increase


Documents

2022 Budget Assumptions Notes