|
H. Bunnell Manager 487-0120
|
OAKS NORTH COMMUNITY CENTER, INC.
|
INCOME AND EXPENSE BUDGET
|
JULY 1, 2008 - JUNE 30, 2009
|
ADOPTED APRIL 16, 2008
|
|
|
|
|
| INCOME |
|
|
|
| ASSESSMENTS |
|
| Regular Members ** |
$579,085.00 |
|
|
| Associate Members |
$640.00 |
|
|
| Total
Assessments |
|
$579,725.00 |
|
|
| ADMINISTRATIVE FEES |
|
| Transfer |
$5,500 |
|
|
|
Document |
$7,800 |
|
|
| Total
Fees |
|
$13,300.00 |
|
|
| INTEREST |
|
| Operating Fund |
$7,500.00 |
|
|
| Reserve Fund |
$10,000.00 |
|
|
| Total
Interest |
|
$17,500.00 |
|
|
| RENTAL/LEASE INCOME |
|
| Rental/Program |
$1,500 |
|
|
|
Lease |
$67,631 |
|
|
| Total
Rental/Lease Income |
|
$69,131 |
|
|
| OTHER INCOME |
|
| Miscellaneous |
$2,000 |
|
|
|
|
| Total
Other Income |
|
$2,000 |
|
|
|
|
|
| TOTAL
INCOME |
|
$681,656.00 |
|
|
| |
**Please Note: This income figure is based on an annual assessment of $295.00 per unit.
|
| |
|
| |
|
| EXPENSES |
|
|
|
| SALARIES/WAGES/BENEFITS |
|
|
Salaries |
$103,693.00 |
|
|
Wages |
$104,208.00 |
|
|
Overtime |
$9,704.00 |
|
| Payroll
Taxes |
$17,655.00 |
|
| Employee
Insurance |
$36,665.00 |
|
| Total
Salaries/Wages/Benefits |
$271,925.00 |
|
|
| OFFICE/ADMINISTRATIVE |
|
| Office
Supplies |
$5,200.00 |
|
| Postage |
$11,000.00 |
|
| Printing |
$9,000.00 |
|
| Computer/Web
Page
Maintenance |
$2,800.00 |
|
| Copier/Computer
Supplies |
$2,000.00 |
|
| Dues/Subscriptions/Permits |
$3,200.00 |
|
| Advertising/Bank
Charges |
$1,100.00 |
|
| Travel |
$775.00 |
|
| Total
Office/Administrative |
$35,075.00 |
|
|
|
|
| UTILITIES |
|
| Water
and
Sewer |
30,000.00 |
|
| Electricity |
39,100.00 |
|
| Gas |
20,125.00 |
|
| Telephone/DSL |
5,475.00 |
|
| Cable |
900.00 |
|
| Total
Utilities |
$95,600.00 |
|
|
|
|
|
| MAINTENANCE
AND REPAIRS |
| Pool/Spa |
1,500.00 |
|
| Landscaping |
30,300.00 |
|
| Tennis
Courts |
1,000.00 |
|
| Buildings
and
Equipment |
14,500.00 |
|
| Unscheduled
Maintenance/Repairs |
10,000.00 |
|
| Non-Capital
Replacements |
2,500.00 |
|
| Maintenance
Agreements |
3,000.00 |
|
| Total Maintenance and
Repairs |
$62,800.00 |
|
|
| MAINTENANCE SUPPLIES |
|
| General
Maintenance
Supplies |
$25,000.00 |
|
|
Pool |
$7,100.00 |
|
| Landscaping |
$1,500.00 |
|
| Lawn
Bowl |
$2,800.00 |
|
|
Woodshop |
$200.00 |
|
| Total Maintenance
Supplies |
$36,600.00 |
|
|
| INSURANCE |
|
| Commercial
Package, Excess Liability |
|
| Crime,
Equipment, Directors &
Officers |
$48,725.00 |
|
| Workers’
Compensation |
$22,706.00 |
|
| Total Insurance |
$71,431.00 |
|
|
| ACCOUNTING/LEGAL/TAXES |
|
| Accounting
|
$4,000.00 |
|
| Legal/Professional
Services |
$6,000.00 |
|
| Corporation
State/Federal Income
Taxes |
$18,000.00 |
|
| Total
Legal/Accounting/Taxes |
$28,000.00 |
|
|
| ACTIVITIES |
|
| Library
(Books/Supplies/Subscriptions) |
| |
