An estimation for the expenses related to the Common Areas of The Gables at Jackson.
Estimated Annual Budget
Estimated Expenses for Common Areas
Expense Range of Cost
|Mowing & Maintenance of Common Areas (including entrance signs & landscaping)||$15,000-$30,000|
|Office Supplies / Checks / Postage||$1,000-$1,500|
|Contingency - Reserves||$0-$15,000|
|Electric – Street Lights in Alleys & Entrance Signs||$1,000-$1,500|
|Snow Removal from Alleys||$10,000-$25,000|
270 Lots / Members x (Range $150 – $300) Annual Dues = (Range $40,500 – $81,000)
Estimated Range for Base Annual Dues: $150 - $300 per Lot / Member
*Yard mowing, trash removal, snow removal, fertilizing and weed control for the
individual lots are not included in this budget.
*These and other services may be added at a later time, by the majority vote of
the homeowners, at additional costs / dues/
*All costs are ESTIMATED. Actual dues are to be set by a Board of Directors
once enough homes are sold.