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Financial
Budget for 2010 Fiscal Year
The actual 2009 Cash Flow (through 11/30/09) and proposed 2010
Budget may be found
here.
Budget for 2009 Fiscal Year
Proposed
Budget for 2009
Current Fiscal Year
2009
Historical Fiscal Data
2008
Cash
Flow Statement (as of December 31))
Cash
Flow Statement (as of September 30)
2007
Actual Expenses
through December 2007
Actual
Expenses through September 2007 and forecast for remainder of 2007
Actual
Expenses through July 2007 and forecast for remainder of 2007
Actual
Expenses through May 2007 and forecast for remainder of 2007
2006 - Actual
Expenses through December 2006, and Proposed
Budget for 2007
2005 - Financial reports for 2005 have not been posted.
2004 - Income Statement, Trend
and Balance Sheet
2003 - Income Statement, Trend
and Balance Sheet
2002 - Income Statement, Trend
and Balance Sheet
2001 - This was the year that financial control of the
POA was finally transferred from the original developers to the actual property
owners. The 2001 Board of Directors found that the original developers either
did not know how to budget correctly or purposely kept the AMA low to make home
sales more attractive. For whatever reason, the 2001 budget was
grossly underestimated and the POA would have experienced a deficit this year with
the then current AMA
of $600. In order to cover the actual
2001 expenses, the 2001 Board had to borrow money from our capital reserve fund and
increase the 2001 annual maintenance assessment by $150. This increase in the
2001 AMA was due by 12/1/01.
- Balance Sheets (as reported by
Chaparral
Management Company):
- Income Statements (as reported by
Chaparral
Management Company):
2000 - Financials were not provided by Chaparral
Management Company
1999 - Financials were not provided by Chaparral
Management Company
Top of page
What is the AMA?
Per the By-laws of the BE POA, the
Board of Directors has the responsibility to notify in
advance, in writing, each Owner of the annual maintenance assessment.
The AMA is
due on January 1st of each year. AMAs not paid by January 1st
are considered delinquent. Any assessments which are not paid when due shall be
delinquent. If the assessment is not paid within thirty (30) days after the due
date (i.e. by January 31st), the assessment shall bear interest
from the date of delinquency at the rate of ten percent (10%) per annum, and
the Association may bring an action at law against the Owner personally
obligated to pay the same or foreclose the lien against the property, and
interests, costs, and reasonable attorney's fees of any action shall be added to
the amount of such assessment. The assessments levied by the Association shall be used
for;
-
the purpose of promoting the comfort and convenience of the Members
and/or the residents of the Properties,
-
managing the Common Properties,
-
enhancing the quality of life in the Properties, the properties,
services, improvements and facilities devoted to or directly related to the
use and enjoyment of the Common Properties,
including, but not limited to, the payment of taxes on the
Common Properties and insurance in connection therewith and the repair,
replacement and additions thereto, including, but not limited to the
establishment of a capital reserve fund
-
paying the cost of labor, equipment
(including the expense of leasing any equipment) and materials required for, and
management and supervision of, the Common Properties,
-
carrying out the
powers and duties of the Board of Directors of the Association as set forth in
this Declaration and the Bylaws,
-
carrying out the powers and duties
related to the Architectural Control Committee.
Payments and Delinquencies
|
January 1, xxxx |
Assessment is DUE. |
|
January 31, xxxx |
Payments must be postmarked by January 31, 2007, otherwise the payment
is late. |
|
February 15, xxxx |
A late charge of $25 will be posted to the property owner's account.
|
|
March 31, xxxx |
An
additional late charge and interest from and after the delinquency date
is posted to the account and a Delinquent Notice is mailed. |
|
April 30, xxxx |
The
third late charge and interest is posted to the account. The Final
Delinquent notice is sent certified mail and the fee for sending a
certified statement is posted to the account. The homeowner is notified
of the right to a hearing before the Board of Directors. |
|
May 15, xxxx |
A
title search is generally requested and the delinquent account is
charged $25 for the title search. The Title Search is preliminary to
filing a lien on the delinquent account. |
|
May 31, xxxx |
The
delinquent account is referred to the Association’s attorney for a
collection demand letter. The account is charged for the attorney
demand letter. From this step in the collection policy forward, the
delinquent account continues to incur late charges and interest as well
as attorney fees. |
|
Where to pay |
Assessments should be remitted to:
Bainbridge Estates POA
PO Box 511
Spring, Texas 77383-0511
Note:
DO NOT send payments to Chaparral Management Company |
|
Payment plans |
Should you need to establish a payment plan, please contact the
Treasurer. If special circumstances exist, the Board of Directors will
review the possibility of a payment plan. The Board of Directors urges
you to request such a plan early. The Board does not have the authority
to waive late charges and interest if such a plan is established. |
AMA Historical Rate
| Year |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
| AMA |
$900 |
$900 |
$900 |
$900 |
$900 |
$900 |
$750 |
$750 |
$750 |
$600 |
$600 |
Top of page
Our POA must pay taxes on the appraised value of our common
properties and streets. The appraisals and tax rates are set by the
Harris County Appraisal District.
Common Properties
Restricted Reserve "A" Block 1 (Landscape Uses)
This is the 0.626 acre (2,725 ft2) landscaped
frontage on Wied Road (adjacent to the
lift station). HCAD
Account # 1199890010047. (HCAD map 5169A6.)
HCAD listed owner: Bainbridge Estates POA.
| HCAD |
|
MUD 36 |
|
KISD |
| Tax Year |
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
| 2006 |
|
|
|
|
|
|
|
|
| 2005 |
$100 |
$0.85 |
|
$100 |
$0.78 |
|
$100 |
$1.70 |
| 2004 |
$100 |
$0.82 |
|
$100 |
$0.83 |
|
$100 |
$1.70 |
| 2003 |
$100 |
$0.82 |
|
$100 |
$0.88 |
|
$100 |
$1.72 |
| 2002 |
$100 |
$0.82 |
|
$100 |
$0.89 |
|
$100 |
$1.72 |
| 2001 |
$100 |
$0.82 |
|
$100 |
$0.94 |
|
$100 |
$1.72 |
| 2000 |
$100 |
|
|
$100 |
|
|
$100 |
|
Restricted Reserve "B" Block 1 (Detention Pond Uses)
This is the 3.589 acre (156,323 ft2) detention pond. HCAD
Account # 1199890010048. (HCAD map 5169A6.)
HCAD listed owner:
Northwest Harris Co. MUD
36. [Governmental exempt = $0 tax bill]
| HCAD |
|
MUD 36 |
|
KISD |
| Tax Year |
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
| 2006 |
|
|
|
|
|
|
|
|
| 2005 |
$0 |
$0 |
|
$0 |
$0 |
|
$0 |
$0 |
| 2004 |
$0 |
$0 |
|
$0 |
$0 |
|
$0 |
$0 |
| 2003 |
$0 |
$0 |
|
$0 |
$0 |
|
$0 |
$0 |
| 2002 |
$0 |
$0 |
|
$0 |
$0 |
|
$0 |
$0 |
| 2001 |
$7,800 |
$0 |
|
$7,800 |
$0 |
|
$7,800 |
$134.16 |
| 2000 |
$7,800 |
|
|
$7,800 |
|
|
$7,800 |
|
Restricted Reserve "C" Block1 (Landscape & Utility Uses)
This is the 0.593 acre (2,581 ft2) landscaped frontage on Wied Road next to the
church. HCAD
Account # 1199890010049. (HCAD map 5169A6.)
HCAD listed owner:
Bainbridge Estates Ltd.
| HCAD |
|
MUD 36 |
|
KISD |
| Tax Year |
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
| 2006 |
|
|
|
|
|
|
|
|
| 2005 |
$100 |
$0.85 |
|
$100 |
$0.78 |
|
$100 |
$1.70 |
| 2004 |
$100 |
$0.82 |
|
$100 |
$0.83 |
|
$100 |
$1.70 |
| 2003 |
$100 |
$0.82 |
|
$100 |
$0.88 |
|
$100 |
$1.72 |
| 2002 |
$100 |
$0.82 |
|
$100 |
$0.89 |
|
$100 |
$1.72 |
| 2001 |
$100 |
$0.82 |
|
$100 |
$0.94 |
|
$100 |
$1.72 |
| 2000 |
$100 |
|
|
|
|
|
|
|
Private Streets
These are our 4.286 acres (186,705 ft2) of private streets. HCAD
Account # 1199890020017. (HCAD maps 5169A5
and 5169A6.)
HCAD listed owner: Bainbridge Estates POA.
| HCAD |
|
MUD 36 |
|
KISD |
| Tax Year |
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
|
Appraised Value |
Tax Bill |
| 2006 |
|
|
|
|
|
|
|
|
| 2005 |
$100 |
$0.85 |
|
$100 |
$0.78 |
|
$100 |
$1.70 |
| 2004 |
$100 |
$0.82 |
|
$100 |
$0.83 |
|
$100 |
$1.70 |
| 2003 |
$100 |
$0.82 |
|
$100 |
$0.88 |
|
$100 |
$1.72 |
| 2002 |
$9,300 |
$75.21 |
|
$9,300 |
$82.77 |
|
$9,300 |
$159.96 |
| 2001 |
$9,300 |
$75.63 |
|
$9,300 |
$87.42 |
|
$9,300 |
$159.96 |
| 2000 |
$9,300 |
|
|
|
|
|
|
|
Tax Rates for the History of our Neighborhood
Note: All tax values shown per $100 in valuation.
Total Tax Contributions paid by Bainbridge Estates Property Owners (based
on HCAD appraisal values)
|
Taxing Authority |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
|
Harris County
|
$204,359 |
$204,588 |
$203,419 |
$179,794 |
$146,943 |
$104,603 |
$58,974 |
| consisting of: |
|
|
|
|
|
|
|
|
County |
$96,480 |
$95,460 |
$95,742 |
$85,217 |
$70,520 |
$49,349 |
$25,978 |
|
Flood Control |
$7,771 |
$7,931 |
$7,945 |
$9,167 |
$7,584 |
$6,116 |
$4,467 |
|
School Equalization |
$1,508 |
$1,502 |
$1,506 |
$1,381 |
$1,143 |
$808 |
$455 |
|
Port Authority |
$3,122 |
$3,519 |
$4,006 |
$4,392 |
$3,614 |
$2,347 |
$1,324 |
|
Hospital District |
$46,074 |
$45,875 |
$45,544 |
$41,773 |
$34,559 |
$24,449 |
$14,666 |
|
North Harris/Montgomery County Community
College |
$27,981 |
$28,815 |
$27,416 |
$25,146 |
$19,168 |
$14,139 |
$7,959 |
|
Emergency Services. District #7 (Fire) |
$14,230 |
$14,324 |
$14,079 |
$12,718 |
$10,356 |
$7,395 |
$4,124 |
|
Emergency Services. District #11 (EMS) |
$7,193 |
$7,162 |
$7,183 |
did not
exist |
did not
exist |
did not
exist |
did not
exist |
|
plus: |
|
|
|
|
|
|
|
|
North
Harris County Municipal Utility District #36 |
$187,019 |
$186,213 |
$198,734 |
$193,261 |
$161,701 |
$120,825 |
$71,635 |
|
plus: |
|
|
|
|
|
|
|
|
Klein Independent School
District |
$378,833 |
$405,848 |
$407,045 |
$377,738 |
$312,502 |
$221,084 |
$120,839 |
Our total taxes paid by the 61 property owners to-date:
- Harris County = $1,102,681 since the year
1999 for an average of $18,077 per home
- N. Harris County MUD #36 = $1,119,387 since the
year 1999 for an average of $18,351 per home
- Klein ISD = $2,223,887 since the year 1999 for
an average of $36,457 per home
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This page was last modified
01/05/10 07:13 PM
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