COSTA NOVA CTS 5565 Minutes of the Annual General Meeting & Adopted Budget - 2024-05-23 · 51981.4258.03

                                                     Team Body Corporate
                                      Adopted Budget for Community Title Scheme 5565
                                        COSTA NOVA, 1 Belmore Terrace SUNSHINE BEACH
                                            Prepared by Team Body Corporate (ABN 89879891432)
                                    195 Weyba Road NOOSAVILLE QLD 4566 Ph 0754735622 Fax 0754735711
Printed 21/05/2024 at 16:10:51 User= Adelle Sirett                                                                           Page 1

Administrative Fund                                           Adopted Budget             Current Actual           Current Budget
                                                             (01/03/2024-28/02/2025)   (01/03/2023-29/02/2024)   (01/03/2023-29/02/2024)


Expense
    General
        Accounting Fees - Taxation                                $440.00                   $420.00                   $400.00
        BAS/GST Compliance                                       $1,000.00                 $1,000.00                 $1,000.00
        Bank Charges                                                 $0.00                     $0.00                     $0.00
        Computer Support                                          $540.00                   $540.00                   $540.00
        Deficit Recovery                                             $0.00                     $0.00                 $5,890.00
        Internet Access                                          $7,700.00                 $5,817.44                 $2,600.00
        Legal Expense                                                $0.00                     $0.00                     $0.00
        Light & Power                                          $10,500.00                $10,295.87                  $8,200.00
        Pay TV Rental                                            $8,640.00                 $7,846.25                 $7,500.00
        Refuse Costs                                              $840.00                   $760.00                   $200.00
        Safety Report                                             $320.00                   $318.18                   $300.00
        Surplus Reduction                                      $(2,262.00)                     $0.00                     $0.00
        Total General                                          $27,718.00                $26,997.74                $26,630.00

    Grounds & Gardens
        Labour                                                   $5,000.00                 $3,147.27                 $5,000.00
        Supplies                                                  $400.00                   $355.78                   $400.00
        Total Grounds & Gardens                                  $5,400.00                 $3,503.05                 $5,400.00

    Repairs & Maintenance
        Backflow Prevention Devices                              $1,000.00                  $973.00                   $900.00
        Barbecue                                                  $500.00                      $0.00                  $500.00
        Cleaning - Supplies                                       $100.00                      $0.00                  $100.00
        Doors & Keys                                             $3,000.00                 $4,490.43                 $3,000.00
        Electrical                                               $2,500.00                 $2,356.85                 $2,500.00
        Elevators                                                $6,500.00                 $6,417.21                 $6,300.00
        Elevators - Registration                                  $280.00                   $260.95                   $280.00
        Elevators - Telephone                                     $500.00                   $486.57                   $470.00
        Fire Protection                                          $2,000.00                 $1,608.06                 $2,000.00
        General                                                  $3,500.00                 $3,466.70                 $3,481.00
        Pest Control - General                                   $2,500.00                 $2,329.85                 $2,500.00
        Plumbing                                                  $500.00                   $250.00                   $500.00
        Total Repairs & Maintenance                            $22,880.00                $22,639.62                $22,531.00

    Insurance
        Building/Public Liability                              $23,200.00                $21,104.47                $21,800.00
        Insurance Claims                                             $0.00                 $2,462.80                     $0.00
        Less Insurance Claim Proceeds                                $0.00               $(2,462.80)                     $0.00
        Total Insurance                                        $23,200.00                $21,104.47                $21,800.00

    Management Fees
        Management Fee                                           $4,592.00                 $4,458.48                 $4,459.00
        Mgmt Additional Services                                 $1,000.00                  $407.00                  $2,000.00