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Sienna Hills Master Association Financials
2021 Financial Report (Unaudited) & 2022 Forecasted Budget
|
2021 REVENUE |
2022 FORECASTED REVENUE |
|
Income Categories |
Income Amounts |
Income Amounts |
| HOA Assessments | $236,013 | $ 236,100 |
| Interest Income | $1212 | $1250 |
| Total Income | $237,255 | $237,350 |
| 2021 EXPENSES |
2022 FORECASTED EXPENSES |
|
Expense Categories |
Expense Amounts |
Expense Amounts |
| Administrative & General | $6,935 | $7,500 |
| Insurance Expense & Tax | $5,975 | $6,000 |
| Landscaping | $149,035 | $165,000 |
| Legal & Accounting | $400 | $2,500 |
| Utilities | $17,647 | $18,500 |
| Asset Maintenance | $1,400 | $3,000 |
| Total Expense | $181,392 | $202,500 |
| Net Income | $55,863 | $34,850 |
|
SIENNA COMMUNITY HILLS RESERVE BALANCES |
|
| Savings | $26,641.00 |
| CD | $69,081.00 |
| Total Reserve Balances | $95,722.00 |
Governance Documents
Sienna Hills
Master HOA
Developers
General
1593 East Grapevine Crossing
Washington UT 84780
Last Updated: March 2022