An estimation for the expenses related to the Common Areas of The Gables at Jackson.

HOMEOWNERS ASSOCIATION

Estimated Annual Budget

Estimated Expenses for Common Areas

Expense Range of Cost

Insurance $1,500-$2,500
Property Taxes $2,500-$4,500
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
Professiongal Fees $500-$800
Electric – Street Lights in Alleys & Entrance Signs $1,000-$1,500
Snow Removal from Alleys $10,000-$25,000
TOTAL $31,500-$80,000

Income

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.

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