Residential Estate Industry Journal REIJ 6 ARC Journal 2019 | Page 11

Operating
Expense
AVERAGE OPERATING
EXPENSE Splits
SPLITS
Other; 20%
20,30%; 20%
OTHER
Reserve Fund
CONTRIBUTION
5%
Contribution ; 4,95%; 5%
Security;
SECURITY 35,35%;
35% 36%
LEGAL 1,05%;
1%
Legal;
1%
Municipal;
MUNICIPAL 8,25%;
8% 8%
Landscaping
/ Environment;
LANDSCAPING
AND
11,20%;
ENVIROMENT 11%
11%
Salaries;
18,90%;
SALARIES
19% 19%
Security
Landscaping / Environment
MONTHLY HOA LEVIES
Salaries
Municipal
Legal
Reserve Fund Contribution
TOTAL ANNUAL EXPENSE
R6,750
R7,000
R6,000
R5,000
R4,000
R3,000
R2,000
R1,000
R51,087,600
R60,000,000
R50,000,000
R2,714
R720
R40,000,000
R30,000,000
R12,555,775
R20,000,000
R626,128
R10,000,000
RESERVE FUND CONTRIBUTION
ARC 2019
ANNUAL
MEMBER
SURVEY
RESULTS
R6,763,567
R40,000,000
R35,000,000
R30,000,000
R25,000,000
R20,000,000
R15,000,000
R10,000,000
R5,000,000
11
INDUSTRY JOURNAL
R6,763,567
R1,500
Other