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THE GAZETTE MAJESTIC OAKS HOMEOWNERS ASSOCIATION OF OCALA, INC. The official newsletter Vol. 17, No. 6, Whole number 146 Ocala, Florida, September, 2015 Herb Zabroski, President….509-3026 Bob Watson, Secretary……291-1512
Dan Sharp, VP & Treasurer…. 561-789-2002 George Dantos, Director……...426-7443
PRESIDENT’S MESSAGE The date, time and location for the November elections has been set for November 30, 2015 at 6:30 pm at Crossroads Community Church, 8070 SW 60th Avenue. A number of homeowners have volunteered to assist with the election, but we could use a few more volunteers. If you would like to volunteer a couple hours of your time that evening, it would be greatly appreciated. Please contact Bob Watson at 352-291-1512 to get more details. The Board has reviewed and passed the 2015-2016 Budget for the MOHOA. I would like to take this opportunity to talk about some of the accomplishments of this Board and committees. The Board corrected Amendments that had been passed previously by the majority of the homeowners of Majestic Oaks in 2010 and recorded them with Marion County. We have a new landscaper, C&S Lawn Care, who has been doing a fine job for our community. Mr. Bob Watson and Mr. Lou Bartolomeo have worked very hard to repair and straighten out our problems with the sprinkler system and correcting the electrical system on our sign walls. Thanks to both of you for your outstanding contributions to all the Majestic Oaks residents. The Covenants Compliance Committee has also done a very good job this year. 158 violations have been written and letters have been sent to homeowners. Thanks to the Committee for your diligence in Covenants enforcement. The Covenants Rewrite Committee worked hard to update the Covenants, which are now being reviewed by the Association’s Attorney. Thanks to this Committee for hosting meetings for homeowners participation and the hours spent on the rewrites. One final reminder for all residents, the Annual Garage Sale with Bent Tree will be on Saturday, October 3, 2015 from 9 am till 2 pm. If we are rained out, the new date for the garage sale will be Saturday, October 10, 2015 from 9 am till 2 pm. Herb Zabroski President, MOHOA
MAJESTIC OAKS HOMEOWNERS ASSOCIATION, OCALA, FLA. FINANCIAL REPORT 8/12/14 thru 9/10/15 Checkbook Balance brought forward Income Assessments Estoppels Total Income Expenses SECO Electric Ocoos Website for February March & April Marion County Utilities - Water C & S Lawn Care August & September Pip Printing Gopher Guy Clerk of Court Lien filing and releases Attorney Fees Total Expenses
$ 12,562.53 $ $
288.66 600.00 $ 888.66 $ 13,451.19
$ $ $ $ $ $ $ $
(928.84) (35.00) (272.12) (3,816.66) (23.35) (50.00) (20.00) (1,970.00)
Remaining Balance in Checking Account Money Market Account Balance CD Balance at maturity CD Balance to date (matures 2/11/17)
20 Homeowners have not paid their Assessments to date
$ $ $
79,229.73 31,783.39 25,086.70
$
(7,115.97)
$
6,335.22
SURPLUS
TOTAL INCOME
$6,720.00
100.00 200.00 3000.00 22000.00 7500.00 1100.00 2000.00 2000.00 5500.00 4000.00 450.00 0.00 400.00 15700.00 63950.00
70670.00
5000.00
65670.00
FY 2015 Proposed Budget 10/1/15-9/30/16
THE BUDGET IS A GUIDE FOR INCOME (ASSESSMENTS) AND EXPENSES BASED ON PREVIOUS FISCAL YEAR ACTUALS. In most cases I have increased the budget for the new fiscal year by 5% over previous years acturals.
EXPENSES Bank Fees Contribution - Crossroads Comm. Church/Sheriff's Foundation Insurance - Association Lawn Maintenance - Common Areas/unmaintained properties Legal Fees and Services/legal filings Office Supplies Printing Services and bulk mailing Postage/post office boxes Repair & Maintenance - general Repair and paint all walls at 3 entrances, gate house & fence bordering 80th St Website 2013 sink hole expense Taxes and tax preparation Utilities - Electric and Water
Income from - estoppels, late fees, legal fees, past assessments cost for collections, interest earned on M/M account and CDs
INCOME 2016 Annual Assessments - 597 properties X $110.00/per property
MAJESTIC OAKS HOMEOWNERS ASSOCIATION - OCALA, FL 2015 FISCAL YEAR BUDGET 12 month period OCTOBER 1, 2015 THROUGH SEPTEMBER 31, 2016
$14,644.33
110.86 75.00 2129.00 20584.86 7051.47 765.62 1765.92 1109.16 5342.25 1800.00 315.00 0.00 343.81 15250.85 56643.80
71288.13
7818.13
63470.00
FY 2014 ACTUALS 10/1/14-8/31/15
$17,092.90
0 284.38 11968.35 57921.56
20.00 50.00 8530.65 24405.00 3732.86 501.53 2902.79 1637.49 3888.51
75014.46
10731.42
64283.04
FY 2013 ACTUALS 10/1/13-8/31/14
Dan Sharp, VP & Treasurer…. 561-789-2002 George Dantos, Director……...426-7443
PRESIDENT’S MESSAGE The date, time and location for the November elections has been set for November 30, 2015 at 6:30 pm at Crossroads Community Church, 8070 SW 60th Avenue. A number of homeowners have volunteered to assist with the election, but we could use a few more volunteers. If you would like to volunteer a couple hours of your time that evening, it would be greatly appreciated. Please contact Bob Watson at 352-291-1512 to get more details. The Board has reviewed and passed the 2015-2016 Budget for the MOHOA. I would like to take this opportunity to talk about some of the accomplishments of this Board and committees. The Board corrected Amendments that had been passed previously by the majority of the homeowners of Majestic Oaks in 2010 and recorded them with Marion County. We have a new landscaper, C&S Lawn Care, who has been doing a fine job for our community. Mr. Bob Watson and Mr. Lou Bartolomeo have worked very hard to repair and straighten out our problems with the sprinkler system and correcting the electrical system on our sign walls. Thanks to both of you for your outstanding contributions to all the Majestic Oaks residents. The Covenants Compliance Committee has also done a very good job this year. 158 violations have been written and letters have been sent to homeowners. Thanks to the Committee for your diligence in Covenants enforcement. The Covenants Rewrite Committee worked hard to update the Covenants, which are now being reviewed by the Association’s Attorney. Thanks to this Committee for hosting meetings for homeowners participation and the hours spent on the rewrites. One final reminder for all residents, the Annual Garage Sale with Bent Tree will be on Saturday, October 3, 2015 from 9 am till 2 pm. If we are rained out, the new date for the garage sale will be Saturday, October 10, 2015 from 9 am till 2 pm. Herb Zabroski President, MOHOA
MAJESTIC OAKS HOMEOWNERS ASSOCIATION, OCALA, FLA. FINANCIAL REPORT 8/12/14 thru 9/10/15 Checkbook Balance brought forward Income Assessments Estoppels Total Income Expenses SECO Electric Ocoos Website for February March & April Marion County Utilities - Water C & S Lawn Care August & September Pip Printing Gopher Guy Clerk of Court Lien filing and releases Attorney Fees Total Expenses
$ 12,562.53 $ $
288.66 600.00 $ 888.66 $ 13,451.19
$ $ $ $ $ $ $ $
(928.84) (35.00) (272.12) (3,816.66) (23.35) (50.00) (20.00) (1,970.00)
Remaining Balance in Checking Account Money Market Account Balance CD Balance at maturity CD Balance to date (matures 2/11/17)
20 Homeowners have not paid their Assessments to date
$ $ $
79,229.73 31,783.39 25,086.70
$
(7,115.97)
$
6,335.22
SURPLUS
TOTAL INCOME
$6,720.00
100.00 200.00 3000.00 22000.00 7500.00 1100.00 2000.00 2000.00 5500.00 4000.00 450.00 0.00 400.00 15700.00 63950.00
70670.00
5000.00
65670.00
FY 2015 Proposed Budget 10/1/15-9/30/16
THE BUDGET IS A GUIDE FOR INCOME (ASSESSMENTS) AND EXPENSES BASED ON PREVIOUS FISCAL YEAR ACTUALS. In most cases I have increased the budget for the new fiscal year by 5% over previous years acturals.
EXPENSES Bank Fees Contribution - Crossroads Comm. Church/Sheriff's Foundation Insurance - Association Lawn Maintenance - Common Areas/unmaintained properties Legal Fees and Services/legal filings Office Supplies Printing Services and bulk mailing Postage/post office boxes Repair & Maintenance - general Repair and paint all walls at 3 entrances, gate house & fence bordering 80th St Website 2013 sink hole expense Taxes and tax preparation Utilities - Electric and Water
Income from - estoppels, late fees, legal fees, past assessments cost for collections, interest earned on M/M account and CDs
INCOME 2016 Annual Assessments - 597 properties X $110.00/per property
MAJESTIC OAKS HOMEOWNERS ASSOCIATION - OCALA, FL 2015 FISCAL YEAR BUDGET 12 month period OCTOBER 1, 2015 THROUGH SEPTEMBER 31, 2016
$14,644.33
110.86 75.00 2129.00 20584.86 7051.47 765.62 1765.92 1109.16 5342.25 1800.00 315.00 0.00 343.81 15250.85 56643.80
71288.13
7818.13
63470.00
FY 2014 ACTUALS 10/1/14-8/31/15
$17,092.90
0 284.38 11968.35 57921.56
20.00 50.00 8530.65 24405.00 3732.86 501.53 2902.79 1637.49 3888.51
75014.46
10731.42
64283.04
FY 2013 ACTUALS 10/1/13-8/31/14
