Royal Ascot
Proposed RAMPOA 2012/13 Budget
The proposed RAMPOA budget for the period 1 July 2012 to 30 June 2013, and the projected budgets for the two following years, are as follows:
  Proposed Budget
2012/13
Projected
Budget
2013/14
Projected
Budget
2014/15
       
Income R 2,52,724 R 2,532,960 R 2,627,600
  Levy income  R 2,240,724 R 2,420,000 R 2,613,600
  Advertising  R 12,000 R 12,960 R 14,000
Expenditure R 2,406,100 R 2,364,268 R 2,514,410
Administration R 63,500 R 68,580 R 74,066
  Management fees, audit fees
  & bank charges. 
     
Operational expenses R 1,963.600 R 2,210,688 R 2,290,344
  Environmental levy  R 165,000 R 178,000 R 192,456
  Landscaping maintenance R 976,000 R 1,054,080 R 1,138,406
  Irrigation maintenance  R 184,000 R 198,720 R 214,618
  Security  R 530,000 R 572,400 R 618,192
  Professional fees  R 65,000 R 70,200 R 75,816
  Communications R 30,000 R 32,400 R 34,992
  General maintenance, etc R 13,600 R 14,688 R 15,864
Infrastructure projects R 379,000 R 175,000 R 150,000
  Speed bumps  R 180,000  
  Palisade fence on GNB R 150,000 R 150,000 R 150,000
  Security cameras  R 25,000 R 25,000  
  Post & rail fence at wetland 1 R 24,000  (See note below) 
+Surplus/-Deficit -R 153,376 +R 68,692 +R 113,190
 
The projected budgets for 2013/14 and 2014/15 are based on an 8% increase of income and expenditure items, excluding the infrastructure projects. This increase will most probably be different at the time of budgeting for those periods and both income and expenditure will then be adjusted accordingly. If the projected budget figures shows a substantial surplus, the levy could be reduced so that the budget more or less breaks even.
The infrastructure projects are reviewed every year and new projects may be proposed next year. This may affect the infrastructure priorities, and will affect the projected budget figures.
Note: At the end of June 2012 the City erected the post & rail fence between wetland 1 and Otto du Plessis Drive at the Racecourse bus station. We have left this item on the budget for the interim, but could use the funds for other infrastructure projects.
Levies
All owners in Royal Ascot pay a levy to RAMPOA. The monthly levy for 2012/13 is R90.50 per unit for residential properties and R1.52 per square meter for commercial properties.
The chart below gives the percentage expenditure for the various items for the 2012/13 proposed budget. Note that for the chart we have combined some of the above amounts so that the total percentage for a specific item is reflected here (eg for the landscaping the amounts for operational costs, maintenance and the portion of the professional fee for the landscaping consultant, have been combined).
Note that the expenditure for our three core functions - landscaping, environmental levy and security (as set out in the RAMPOA constitution) - makes up 79% of the total expenditure. Infrastructure projects make up 16%, leaving only 5% for administration, communications (website & newsletter) and other expenses.
On the income side we now also have a small income from advertisement sales in the newsletter, this offsets some of the costs of printing the newsletter.
Budget 2012-13
Royal Ascot
Introduction
RAMPOA
EMC
Residential
Commercial
Public Areas
Royal Ascot Portfolio Manager
Architectural Guidelines
Budget 2012/13
Building Alterations & Extensions
Environmental Management Plan
Milnerton Racecourse Nature Reserve
Municipal Contacts
PAIA Information Manual
Pets in Royal Ascot
Property Transactions
Refuse Removal
Royal Ascot Gazette
Security in Royal Ascot
Water Restrictions
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