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Chesterfield Valley/ Valley View Neighborhood

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Chesterfield Valley / Valley View 2022 HOA Budget 
   
INCOME 
Assessment fees, $300 per homeowner  $57,900.00
Interest for Late HOA fee payments $200.00
Restriction Violation fines  $200.00
Legal fees for collection of past due HOA fees  $2,000.00
Collection of  pass due fees  $4,800.00
   
Total Income  $65,100.00
   
EXPENSES  
Accounting services   
   Monthly fee,  Reports, payments & collection $2,220.00
   Legal fees collection of HOA fees (see offset income) $2,000.00
   Tax preparation  $100.00
    Quarterly Mailings to Homeowners $852.00
Insurance, Liability and property  $1,500.00
Website site, annual fee and changes  $960.00
 
Electric  ( Ameren Utility )   
    Street lighting usage charges  $14,088.00
    Entrances electric for lights ( 6 monuments ) $1,000.00
    Street light conversion ( replace street lights)  $5,000.00
   
Common Grounds Maintenance 
     Common  lawn care $8,700.00
     Trees planting with Wildwood City along streets $6,000.00
     Subdivision Entrances renovation $8,000.00
     Cul de sac renovation  $4,000.00
     Irrigation system maintenance  $1,400.00
     Water for entrances  $1,600.00
     Tree trimming and removal on common grounds $2,000.00
     Fence repairs  $1,000.00
Holiday Decorations for entrances  $2,000.00
Support Subdivision Activates  $2,000.00
 
Total Expenses  $64,420.00
   
Projected Surplus  $680.00


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