A simple, ready-to-use financial template for your community's annual budget.
[Your Community Name] - Annual Budget
Fiscal Budget: [YYYY]
Category | Annual Budget | Monthly Average | Actual YTD | Notes |
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INCOME |
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Owner Assessments (Condo Fees) | $ | $ | $ | Primary revenue source. |
Late Fees & Fines | $ | $ | $ | Income from non-compliance. |
Rental Income (e.g., common space, parking) | $ | $ | $ | If applicable. |
Laundry/Vending Machine Revenue | $ | $ | $ | If applicable. |
Other Income | $ | $ | $ | Interest on bank accounts, etc. |
Total Income | $ | $ | $ |
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OPERATING EXPENSES |
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Administrative |
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Property Management Fees | $ | $ | $ |
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Legal & Accounting Fees | $ | $ | $ | Audits, legal counsel. |
Bank & Credit Card Fees | $ | $ | $ |
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Office Supplies & Postage | $ | $ | $ |
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Utilities |
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Electricity (Common Areas) | $ | $ | $ |
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Water & Sewer | $ | $ | $ |
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Natural Gas/Fuel | $ | $ | $ |
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Trash Removal | $ | $ | $ |
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Maintenance & Repairs |
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Grounds & Landscaping | $ | $ | $ |
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Cleaning & Janitorial Services | $ | $ | $ |
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Elevator Maintenance | $ | $ | $ | If applicable. |
HVAC Maintenance | $ | $ | $ |
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General Repairs & Maintenance | $ | $ | $ | Painting, minor fixes. |
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Insurance |
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Master Policy (Property & Liability) | $ | $ | $ |
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Directors & Officers (D&O) Insurance | $ | $ | $ |
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Other Expenses |
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Pest Control | $ | $ | $ |
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Security Services/Systems | $ | $ | $ |
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Total Operating Expenses | $ | $ | $ |
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Reserve Contributions | $ | $ | $ | Funds for major future projects. |
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Net Surplus / (Deficit) | $ | $ | $ | (Total Income - Total Expenses) |
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