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Sienna Hills Master Association Financials
2023 Financial Report (Unaudited) & 2024 Forecasted Budget
|
2023 REVENUE |
2024 FORECASTED REVENUE |
|
Income Categories |
Income Amounts |
Income Amounts |
| HOA Assessments | $257,600 | $ 245,000 |
| Interest Income | $284 | $300 |
| Total Income | $257,884 | $245,300 |
| 2023 EXPENSES |
2024 FORECASTED EXPENSES |
|
Expense Categories |
Expense Amounts |
Expense Amounts |
| Administrative & General | $8,514 | $8,750 |
| Insurance Expense & Tax | $8,023 | $8,500 |
| Landscaping | $149,407 | $110,000 |
| Professional Fees | $24,315 | $25,000 |
| Utilities | $22,008 | $24,000 |
| Asset Maintenance | $------ | $3,000 |
| Total Expense | $212,267 | $179,250 |
| Net Income | $45,617 | $66,050 |
|
SIENNA COMMUNITY HILLS RESERVE BALANCES |
|
| Savings | $127,236 |
| CD | $70,134 |
| Total Reserve Balances | $197,370 |
Governance Documents
Sienna Hills
Master HOA
Developers
General
1593 East Grapevine Crossing
Washington UT 84780
Last Updated: February 2024