Great Oak 2013 operating budget

Finance & Legal: Budget 2012-10-15

Summary:

Final budget approved Oct. 15, 2012

Background:

Previously discussed Oct. 3, 2012

Proposal:

Buildings R Buildings maintenance 14000 14000
Buildings D Comm. Infrastructure
Buildings D Gutters 0 0
Buildings D Workshop operating 0 0
Buildings R Fire suppression repair 0 0
Buildings R Fire suppression inspection 850 850
Buildings R Backflow preventer inspection 600 600
Buildings R Workshop construction loan 0
Buildings Total 15450 15450
CH I Donations for CH Use (800) (800)
CH I Guest room usage (600) (600)
CH I Touchstone CH Share (2,400) (2,400)
CH I CH Renters Office Phone (504) (504)
CH D CH Improvements 1000 1000
CH D Hot tub initial (deleted 2008)
CH D Kitchen Improvements Rollover 0 0
CH D Online reservation system 0 0
CH I CH Office rent at 80% occupancy (5958) (5784)
CH office 1 (Melisa) annual rent 2,546 2,472
CH office 2 (Becky) annual rent 2,546 2,472
CH office 3 (Kelly) annual rent 2,355 2,287
CH R Income taxes 0 0
CH I Workshop operating 0 0
CH D Workshop interior door 0 0
CH R CH service/repairs (aka Maintenance) 5000 5000
CH R CH Supplies 0 0
CH CH Utilities
R CH Electric 3819 3708
R CH Gas (& solar hot water to 2009) 3289 3193
R Solar hot water (separate 2010) 0 0
R CH water/sewer 2652 2575
R Garage/Parking lot electric 965 937
R CH Phone 0 0
R Workshop Electric and Gas 796 773
R Satellite TV 881 855
Total 12402 12041
CH Total 24804 24081
Finance D Bookkeeping/Operating 700 700
Finance D Professional bookkeeper 4000 4000
Finance D Operating 0 0
Finance R Insurance 7700 7700
Finance R Insurance deductible 0 0
Finance R Professional fees 3500 3500
Finance R Truck insurance and fees 1000 1000
Finance R Workshop construction loan 1406 1406
Finance R Federal income tax arrears 0 0
Finance I Reserve fund interest/dividend income -5000 -5000
Finance R Contribution to reserve fund from interest/dividend income 5000 5000
Finance D Bad debt writeoff 0 0
Finance Total 18306 18306
Grounds D Equipment maintenance (deleted 2008)
Grounds D Grounds maintenance (deleted 2008)
Grounds I Lawn Mowing Usage 0 0
Grounds I Touchstone Recycling Share (700) (700)
Grounds I Touchstone Snow Plow Share (1,500) (1,500)
Grounds I Truck Usage (400) (400)
Grounds D Improvement projects 1200 1200
Grounds D Landscape maintenance 1500 1500
Grounds D Outdoor lighting electricity
Grounds D Umbrellas and seating 250 250
Grounds R Equipment and supplies 400 400
Grounds D Operating 0 0
Grounds D Soil upgrade (deleted 2008)
Grounds D Truck maintenance (no rebate) 1200 1200
Grounds D Mowing 1600 1600
Grounds R Equipment replacement 0 0
Grounds R Garbage removal 1500 1500
Grounds R Recycling 2275 2275
Grounds R Snow removal operating 1000 1000
Grounds R Truck insurance and fees 0 0
Grounds R Truck replacement 0 0
Grounds R Patio paver maintenance 0 0
Grounds D Garden operating 325 325
Grounds D Garden sprinkler maintenance 65 65
Grounds D Garden water line addition 430 430
Grounds D Garden water usage meter cost 500 500
Grounds R Residential water/sewer total 20479 20479
Grounds Total 30124 30124
Membership D Childcare (deleted 2008)
Membership D Cohousing Association 200 200
Membership D Communities magazine 22 22
Membership D Consumer Reports online 19 19
Membership D FIC membership 100 100
Membership D Fun committee operating 525 525
Membership D LiLaCC supplies 0 0
Membership D Living well with children (deleted 2009)
Membership D Outreach 100 100
Membership D Printing and Supplies 60 60
Membership D Work day gifts 0 0
Membership D Web hosting 0 0
Membership Total 1026 1026
Process D Archives 50 50
Process D Community training/facil. 1600 1600
Process D Display materials 50 50
Process D Meeting supplies 250 250
Process D Member resources 200 200
Process R Laird facilitation (deleted 2008)
Process Total 2150 2150
Steering D Critical needs 2000 2000
Steering Total 2000 2000
Tech D Comm. infrastructure 0 0
Tech D Internet & CH phone 5600 5600
Comcast Internet service (50/20) base 2,399.40 2,399.40
Comcast Internet 5 static IPs 239.40 239.40
Comcast Internet equipment rental 84.00 84.00
TDS backup T1 1,188.00 1,188.00
TDS 5 static IPs 60.00 60.00
TDS common house phone line 6565 568.92 568.92
TDS common house phone line 6566 499.92 499.92
TDS common house phone line #3 499.92 499.92
Subtotal 5,539.56 5,539.56
Tech D Operating 200 200
Tech D Website hosting 360 360
Tech Total 6160 6160
Income tax at % 30 5,358.60 5,306.54
Required 77,112.23 76,750.70
Discretionary 24,106.00 24,106.00
Total Expenses 106,576.83 106,163.24
Budget overage % 0 0.00 0.00
Grand Total Expenses 106,576.83 106,163.24

Income (projected) (17862) (17688)
Total Operating 88715 88475