Hideout P.O.A. 2026 Proposed Budget Assessment & Fund Balance Report HISTORY OF ASSESSMENTS Description
2020
2021
2022
2023
2024
2025
2026
Annual Assessment
1,355
1,410
1,515
1,585
1,730
1,860
2,115
Capital Reserve
395
340
350
330
280
235
160
New Capital Reserve
55
100
35
55
60
35
25
Contingency Fund Replenish
0
0
0
0
0
30
30
TOTAL
1,805
1,850
1,900
1,970
2,070
2,160
2,330
$ Increase
60
45
50
70
100
90
170
% Increase
3.4%
2.5%
2.7%
3.7%
5.3%
4.3%
7.9%
Budgeted Lots to Pay
3635
3625
3640
3650
3660
3660
3650
Actual Lots Paid/Taken
3510
3581
3635
3641
3616
Lots Billed
3904
3765
3794
3846
3848
3894
Lots Taken off the Rolls - Hideout & RSW
4
139
4
0
0
0
Budgeted Lots to Pay %
96.60%
98.80%
99.90%
99.80%
99.10%
0
OPERATIONS Revenues Assessment x 3,650 Lots
Expenses $
Carry Forward Deficit-2023
7,719,750
Amenity Expenses
$ 10,701,528
(311,094)
Carry Forward Surplus (Insect Spray)
-
Investment Income
Reserve Expense (Insect Spray)
-
45,000
Other Income
-
Late Charges
40,550
Administration Fees
40,000
Amenity Income
Board Contingency & Fees
45,000
Taxes
25,000
3,157,322
Prior Year Collections
Total
$ 10,771,528
80,000
Total
$ 10,771,528
$
-
CAPITAL RESERVE Revenues Assessment x 3,650 Lots
Expenses $
584,000
Reserve Projects
Investment Income
45,000
Fees
Transfer Fees
400,000
Taxes
Prior Year Collections
5,000
Total
$
1,034,000
4,987,516 $
980,200
12/31/2025 Estimate
$38,000 Total
Inc (Reduction) of Reserve
$
20,000
$
1,038,200
$
(4,200)
4,983,316
12/31/2026 Estimate
NEW CAPITAL RESERVE Revenues Assessment x 3,650 Lots
Expenses 91,250
New Capital Projects
Investment Income
10,000
Taxes & Fees
Prior Year Collections
1,000
Total
$
$
102,250
541,112 $
103,600
$
104,600
$
(2,350)
Inc (Reduction) of Reserve
538,762
TOTAL BUDGET - OPERATIONS & RESERVES
Assessment x 3,650 Lots
Expenses
Carry Forward Deficit-2024 Carry Forward Surplus (Insect Spray)
$
Amenity Expenses
(311,094)
Reserve Expense (Insect Spray)
-
Compensation Plan Reserve
-
Administration & Late Charges
80,550
Board Contingency
Investment Income
100,000
Reserve Project Expenditures
Other Income
-
Transfer Fees
400,000
Amenity Income
3,157,322
Prior Year Collections Total
5,528,628
8,395,000 -
Estimate
1,000
Total
Revenues
12/31/2025
Estimate 12/31/2025 Estimate
$ 10,701,528
45,000 1,083,800
-
Investment in Real Estate Company Taxes & Fees Total
12/31/2026
84,000 $ 11,914,328
86,000 $ 11,907,778
Inc (Reduction) of Reserve
$
(6,550)
5,522,078
Notes: Dues increase of $170 for the year equates to $3.27/week Need to cover 2024 Operations loss of $311,094 (accounts for $85 of dues increase) Need to replenish balance of$200k contingency fund (accounts for $30 of dues increase) Implementing a 3% credit surcharge on all credit card purchases and eliminating the credit card convenience fee We will no longer accept Amex cards for purchases (due to high processing fees with Amex)
12/31/2026 Estimate