request documents for the Gables at Jackson

An estimation for the expenses related to the Common Areas of The Gables at Jackson.

HOMEOWNERS ASSOCIATION

Estimated Annual Budget

Estimated Expenses for Common Areas

Expense Range of Cost

Insurance $1,500-$2,500
Property Taxes $2,500-$4,500
Mowing & Maintenance of Common Areas (including entrance signs & landscaping) $15,000-$30,000
Office Supplies / Checks / Postage $1,000-$1,500
Contingency - Reserves $0-$15,000
Professiongal Fees $500-$800
Electric – Street Lights in Alleys & Entrance Signs $1,000-$1,500
Snow Removal from Alleys $10,000-$25,000
TOTAL $31,500-$80,000

Income

270 Lots / Members x (Range $150 – $300) Annual Dues = (Range $40,500 – $81,000)

Estimated Range for Base Annual Dues: $150 - $300 per Lot / Member

*Yard mowing, trash removal, snow removal, fertilizing and weed control for the
individual lots are not included in this budget.

*These and other services may be added at a later time, by the majority vote of
the homeowners, at additional costs / dues/

*All costs are ESTIMATED. Actual dues are to be set by a Board of Directors
once enough homes are sold.

request documents for the Gables at Jackson

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