3 Final 2022-23 ReserveStudy-07-29-2022 reduced-compressed

Budget Summary

Report # 6510-0 With-Site-Visit

07/01/2022 Current Fund Balance

07/01/2022 Fully

Estimated Replacement Cost in 2022

Remaining Bal. to be Funded

2022 Rem. Useful Life

2022 Expenditures

Funded Balance

2022 Contributions

Useful Life

Min

Max

Min

Max

General Common Area 1

35

0

22

$667,500

$220,000 $360,526 $476,168 $306,974

$243,153

Asphalt & Concrete

2

99

0

16

$2,990,615

$304,115 $346,115 $1,894,715 $2,644,500

$123,844

Admin Building

3

40

0

15

$233,500

$16,500 $138,748 $150,548

$94,752

$29,096

La Palma: Clubhouse

3

40

1

25

$1,335,900

$0 $738,762 $841,201 $597,138

$82,445

La Palma: Pool & Spa 1

35

0

19

$341,850

$22,750 $107,078 $140,629 $234,772

$36,583

La Palma: Tennis

5

40

1

36

$248,000

$0

$39,750

$83,992 $208,250

$16,369

El Saguaro: Clubhouse 3

40

0

22

$1,425,350

$40,500 $468,375 $771,682 $956,975

$83,543

El Saguaro: Pool & Spa 1

40

0

36

$719,500

$15,000 $101,575 $205,835 $617,925

$48,904

El Saguaro: Pickleball

5

40

1

36

$251,500

$0

$29,600

$77,529 $221,900

$15,799

Laundry

6

30

0

6

$115,500

$8,500

$54,833

$54,833

$60,667

$12,043

Maintenance

8

25

0

12

$356,500

$70,000 $218,453 $253,653 $138,048

$20,489

Vehicles

10

10

1

5

$205,000

$0 $150,500 $150,500

$54,500

$19,909

Carts

5

5

0

2

$220,000

$45,000 $155,000 $155,000

$65,000

$42,732

Golf

1

20

0

15

$2,443,000

$497,500 $666,417 $1,218,167 $1,776,583

$196,007

Satellite A

1

35

0

13

$237,700

$16,600

$94,630 $147,966 $143,070

$22,159

Satellite B

1

35

0

13

$226,950

$30,600 $108,630 $162,237 $118,320

$21,475

Satellite C

1

35

0

13

$226,950

$21,600 $127,605 $157,345

$99,345

$21,475

Satellite D

1

35

0

13

$231,950

$19,100 $128,313 $159,753 $103,637

$21,718

Satellite E

1

35

0

13

$228,450

$16,600 $106,021 $159,212 $122,429

$21,548

Satellite F

1

35

0

13

$208,850 $19,833 $12,914,565 $1,359,865 $4,235,542 $7,408,116 $8,679,023 $1,099,124 $15,500 $94,613 $147,153 $114,237

Percent Funded:

57.2%

Association Reserves, #6510-0

28

7/29/2022

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