WASHINGTON PLAZA CLUSTER ASSOCIATION
2005 PROPOSED BUDGET
				2001	2002	2003	2004	2004	2005
				Actual	Actual	Actual	Proposed	Actual	Proposed
TABLE A: EXPENSES
	Operations
1	Administration/Misc			169.00	280.00	167.00	300.00	158.92	300.00
2	Insurance			833.00	2,731.00	1,782.00	1,800.00	1,741.00	1,800.00
3	Taxes			180.70					100.00
4	Legal			182.88	1,005.94	1,611.92	5,000.00	5,697.92	500.00
5	Mowing			7,489.00
6	Landscape Plantings
7	Landscape Maintenance			11,246.79
Grounds Care Contractor (5, 6, 7 combined)					7,079.94	7,530.00	10,000.00	7,440.00	10,000.00
8	Other Grounds Care (includes tree trim)				6,758.00	600.00		6,832.46
9	Street Paving & Sidewalks							25.00	1,300.00
10	Electricity (Streetlights)			1,544.39	1,551.80	1,549.77	1,700.00	1,588.76	1,700.00
11	Streetlight Maintenance			1,596.07	845.08	300.00	500.00		1,500.00
12	Snow Removal			1,146.25		7,625.00	5,000.00	1,940.00	2,000.00
13	Trash Collection			9,794.16	10,220.28	10,362.96	11,000.00	9,650.55	7,500.00
14	Retaining Walls
15	Wood Docks				20,511.28	300.00	500.00
16	Washington Plaza Security				1,200.00	2,800.00	2,000.00
17	Other (signs, etc.)			3,278.30	137.03			319.88
		Total Operations		37,460.54	52,320.35	34,628.65	37,800.00	35,394.49	26,700.00
	Capital Projects
1	Retaining Walls						5,000.00	10,600.00	30,000.00
2	Painting								1,000.00
3	Landscaping								2,700.00
		Total Capital Projects					5,000.00	10,600.00	33,700.00
	Totals			37,460.54	52,320.35	34,628.65	42,800.00	45,994.49	60,400.00
TABLE B: INCOME
Dues (incl. late fees 2001-2003)				34,615.00	39,740.00	40,181.00	42,300.00	44,650.00	47,000.00
Late Fees								750.00
Reimbursed Expenses								6,106.92
Checking account interest				47.96	22.22	11.42		11.18
Money Market interest				749.94	216.39	103.73		118.56
Other						952.93
	Totals			35,412.90	39,978.61	41,249.08		51,636.66	47,000.00
TABLE C: SURPLUS (DEFICIT)
					(13,696.89)	6,300.00		5,642.17	(13,400.00)
TABLE D: ASSETS (Year end)
Operations (Checking Acct)				10,172.78	11,311.54	11,528.24		21,577.85
Reserves (Money Market Acct)				32,126.03	18,645.53	25,049.26		25,166.82
Dues Receivable yr end				6,916.00	5,887.00	7,317.92		-
Expenses Reimbursable yr end					300.00
	Totals			49,214.81	36,144.07	43,895.42		46,744.67
TABLE E: DUES - per property unit
1996:  $800. yearly					(Note:  the 2002 amount for insurance
1997:  $700.					of $2,731 is because of two payments
1998:  $700.					in the same year for the newly added
1999:  $700.					directors & officers insurance.)
2000:  $700.
2001:  $750.					(Note:  the 2003 Other Income was from $534.93 in
2002:  $800.					Federal tax return & interest, $118.00 in State tax
2003:  $850.					return & interest, & $300 in a reimbursed expense.)
2004:  $950.
2005:  $1,000