{"id":9051,"date":"2024-10-19T16:36:19","date_gmt":"2024-10-19T21:36:19","guid":{"rendered":"https:\/\/whoalubbock.org\/?page_id=9051"},"modified":"2025-09-21T12:48:52","modified_gmt":"2025-09-21T17:48:52","slug":"2025-proposed-budget-report","status":"publish","type":"page","link":"https:\/\/whoalubbock.org\/?page_id=9051","title":{"rendered":"2025 Budget"},"content":{"rendered":"

[vc_row][vc_column width=”5\/6″][vc_column_text]<\/p>\n

WHISPERWOOD HOME OWNER’S ASSOCIATION<\/a><\/span>
\nANNUAL BUDGET AND RESERVES REPORT
\nFOR YEAR 2025<\/strong><\/h2>\n

The 2025 budget report for Whisperwood Homeowners Association has been carefully prepared to ensure the ongoing maintenance and improvement of our community amenities, while maintaining financial responsibility. This year\u2019s budget reflects our commitment to preserving the SAFETY and quality of life for residents by addressing necessary repairs, including significant updates to the swimming pool and common areas, while also contributing to the reserve fund for future projects. Through diligent planning, we have prioritized both immediate needs and long-term sustainability, all within the framework of our $140,000 annual budget.<\/p>\n

 <\/p>\n

Whisperwood Home Owners Association
\nBudget and Reserves for year 2025<\/strong><\/p>\n

INCOME:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nEstimated Income ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Member Dues (466 units)<\/td>\n$139,800<\/td>\n<\/tr>\n
Less 2% for non-payment of Dues<\/td>\n$(3,000)<\/td>\n<\/tr>\n
8 Pool Parties at $200 each<\/td>\n$1,600<\/td>\n<\/tr>\n
Interest Income on Reserves<\/td>\n$1,600<\/td>\n<\/tr>\n
Total Income<\/strong><\/td>\n$140,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

EXPENSES:<\/strong><\/p>\n

General HOA Expenses:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Accounting Fees<\/td>\n$2,000<\/td>\n<\/tr>\n
Bank Fees<\/td>\n$50<\/td>\n<\/tr>\n
Legal Fees<\/td>\n$3,000<\/td>\n<\/tr>\n
Licenses & Fees<\/td>\n$400<\/td>\n<\/tr>\n
Office Supplies<\/td>\n$150<\/td>\n<\/tr>\n
Meeting Rooms<\/td>\n$200<\/td>\n<\/tr>\n
Newsletters<\/td>\n$2,000<\/td>\n<\/tr>\n
Postage<\/td>\n$200<\/td>\n<\/tr>\n
Total General Expenses<\/strong><\/td>\n$8,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Swimming Pool Expenses:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Pool Maintenance and Cleaning<\/td>\n$10,000<\/td>\n<\/tr>\n
Pool Chemicals and Supplies<\/td>\n$8,000<\/td>\n<\/tr>\n
Pool Equipment Repair\/Replacement<\/td>\n$1,000<\/td>\n<\/tr>\n
Pool Furniture Repair\/Replacement<\/td>\n$1,000<\/td>\n<\/tr>\n
Total Pool Expenses<\/strong><\/td>\n$20,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Swimming Pool Attendant Expenses:<\/strong><\/p>\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Pool Attendant \/ Lifeguard<\/td>\n$30,000<\/td>\n<\/tr>\n
Total Pool Attendant Expenses<\/strong><\/td>\n$30,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Grounds Maintenance:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Landscaping and Lawn Maintenance<\/td>\n$4,000<\/td>\n<\/tr>\n
Groundskeeper<\/td>\n$15,000<\/td>\n<\/tr>\n
Irrigation System Repairs<\/td>\n$2,000<\/td>\n<\/tr>\n
Tree Trimming<\/td>\n$2,000<\/td>\n<\/tr>\n
Pest Control<\/td>\n$1,000<\/td>\n<\/tr>\n
Weed Control<\/td>\n$1,000<\/td>\n<\/tr>\n
Total Grounds Maintenance<\/strong><\/td>\n$25,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Insurance Expenses:<\/strong><\/p>\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
WHOA Property Insurance<\/td>\n$8,000<\/td>\n<\/tr>\n
General Liability (Directors & Officers)<\/td>\n$2,000<\/td>\n<\/tr>\n
Total Insurance Expenses<\/strong><\/td>\n$10,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Tax Expenses:<\/strong><\/p>\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Property Tax<\/td>\n$1,000<\/td>\n<\/tr>\n
Federal Tax<\/td>\n$300<\/td>\n<\/tr>\n
Total Tax Expenses<\/strong><\/td>\n$1,300<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Utilities Expenses:<\/strong><\/p>\n\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Water, Sewer and Trash<\/td>\n$10,000<\/td>\n<\/tr>\n
Electricity<\/td>\n$2,800<\/td>\n<\/tr>\n
Gas to heat pool<\/td>\n$2,200<\/td>\n<\/tr>\n
Total Utilities Expenses<\/strong><\/td>\n$15,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Miscellaneous and Event Expenses:<\/strong><\/p>\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Miscellaneous and Events<\/td>\n$5,000<\/td>\n<\/tr>\n
Total Miscellaneous Expenses<\/strong><\/td>\n$5,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Reserve Fund Contribution:<\/strong><\/p>\n\n\n\n\n\n\n
Category<\/strong><\/td>\nBudgeted Amount ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Contribution<\/td>\n$20,000<\/td>\n<\/tr>\n
Total Reserve Fund Contribution<\/strong><\/td>\n$20,000<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Summary:<\/strong><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Category<\/strong><\/td>\nTotal ($)<\/strong><\/td>\n<\/tr>\n<\/thead>\n
Total Income<\/strong><\/td>\n$140,000<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n
Total General Expenses<\/td>\n$8,000<\/td>\n<\/tr>\n
Total Pool Expenses<\/td>\n$20,000<\/td>\n<\/tr>\n
Total Pool Attendant Expenses<\/td>\n$30,000<\/td>\n<\/tr>\n
Total Ground Maintenance Expenses<\/td>\n$25,000<\/td>\n<\/tr>\n
Total Insurance Expenses<\/td>\n$10,000<\/td>\n<\/tr>\n
Total Tax Expenses<\/td>\n$1,300<\/td>\n<\/tr>\n
Total Utilities Expenses<\/td>\n$15,000<\/td>\n<\/tr>\n
Total Miscellaneous Expenses<\/td>\n$5,000<\/td>\n<\/tr>\n
Total Capital Projects<\/td>\n$20,000<\/td>\n<\/tr>\n
Total Expenses<\/strong><\/td>\n$134,300<\/strong><\/td>\n<\/tr>\n
\u00a0<\/strong><\/td>\n<\/td>\n<\/tr>\n
Surplus\/Deficit<\/strong><\/td>\n$5,700<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column width=”5\/6″][vc_column_text] WHISPERWOOD HOME OWNER’S ASSOCIATION ANNUAL BUDGET AND RESERVES REPORT FOR YEAR 2025 The 2025 budget report for Whisperwood Homeowners Association has been carefully prepared to ensure the ongoing maintenance and improvement of our community amenities, while maintaining financial responsibility. This year\u2019s budget reflects our commitment to preserving the SAFETY and quality of life […]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-9051","page","type-page","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/whoalubbock.org\/index.php?rest_route=\/wp\/v2\/pages\/9051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/whoalubbock.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/whoalubbock.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/whoalubbock.org\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/whoalubbock.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9051"}],"version-history":[{"count":8,"href":"https:\/\/whoalubbock.org\/index.php?rest_route=\/wp\/v2\/pages\/9051\/revisions"}],"predecessor-version":[{"id":10223,"href":"https:\/\/whoalubbock.org\/index.php?rest_route=\/wp\/v2\/pages\/9051\/revisions\/10223"}],"wp:attachment":[{"href":"https:\/\/whoalubbock.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}