Operating Fund Budget

 

 

 

No. of members

Dues each

Total

 

149

$200.00

$29,800.00

 

47

$275.00

$12,925.00

 

 

Total

$42,725.00

 

Operating Fund

$34,180.00

 

 Capital Fund

$8,545.00

 

 

 

 

 

Income

 

 

 

 

 

 

 

         Dues FY 2007-2008

 $  34,180.00

 

 

         Gate Cards

 $       285.00

 

 

TOTAL INCOME

 

 $34,465.00

 

 

 

 

 

Expenses

 

 

 

General Operations

 

 

 

            Garbage Pickup

 $       700.00

 

 

            PG&E

 $       550.00

 

 

            Septic Service

 $    1,800.00

 

 

            Telephone

 $       225.00

 

 

            Water

 $        20.00

 

 

      Total General Operations

 

 $  3,295.00

 

 

 

 

 

Office/Administrative Expenses

 

 

 

Computer Rental

 $    1,000.00

 

 

 Office Labor Contract

 $    6,000.00

 

 

Outside Copy Services

 $       200.00

 

 

Postage

 $       400.00

 

 

Storage Rental

 $       302.50

 

 

 Office Supplies

 $       360.00

 

 

Web site

 $       460.00

 

 

Total Office Expenses

 

 $  8,722.50

 

Maintenance Expense

 

 

 

Landscaping Contract

 $  16,400.00

 

 

Parks

 $       700.00

 

 

Pond

 $    1,000.00

 

 

Disaster contingency

 $    2,000.00

 

 

Total Maintenance Expense

 

 $20,100.00

 

Professional Services

 

 

 

Accounting

 $       350.00

 

 

Legal

 $       500.00

 

 

Total Professional Services

 

 $     850.00

 

Taxes

 

 

 

Property Taxes

 $       175.00

 

 

Corporate filing fee

 $        20.00

 

 

Total Taxes

 

 $     195.00

 

Insurance

 

 $  4,000.00

 

Social

 

 

 

Annual Labor Day Picnic

 $       250.00

 

 

Annual Meeting

 $       800.00

 

 

Total Social

 

 $  1,050.00

 

TOTAL EXPENSES

 

 $38,212.50

 

Cash Flow

 

 

 $ (3,747.50)

 


Capital Fund Budget

 

Inflows to Capital Improvement Fund

 

 

 

 

 

2007-2008 Membership Dues

 $      8,545.00

 

2007-2008 Initiation Fees

 $         850.00

  

Enterprise Fund

 $      2,500.00

 

Fence Fund

 $      6,095.00

 

Interest

 $      1,500.00

 

Total Inflows

 $    11,895.00

 

 

 

 

Outflows from Capital Improvement Fund

 

 

Beach Road & Parking lot

 $    12,000.00

 

Fence

 $      6,095.00

 

Parks

 $      2,500.00

 

Sales tax

 $         200.00

 

Total Outflows

 $      8,795.00

 

Net Cash Flow

 

 $    3,100.00