2017 Great Oak Budget

Finance & Legal: Budget 2016-11-21

Summary:

Full spreadsheet is viewable at: https://docs.google.com/spreadsheets/d/1fTTtii2D115oMPhqsQZ6ITk_7gCS0jlzQ-euE90azbg/edit#gid=4

Background:

Consensed on at December 4, 2016 Community Meeting
Also discussed at

Proposal:

PROJECTED INCOME
Donations for CH Use $600
Guest room usage 0
Touchstone CH Share 0
CH Renters Office Phone $504
CH Office rent $4,045
Reserve and Savings Interest $2,675
Truck Usage $350
Late fee income $700
TOTAL PROJECTED INCOME: $8,874

PROJECTED EXPENSES

BUILDINGS
Backflow preventer inspection and maintenance $1,000
Fire suppression inspection $1,000
Contribute to Buildings Savings $0
Buildings maintenance $2,000
TOTAL $4,000

COMMON HOUSE
Kitchen Improvements Savings Account $0
CH Improvements $800
CH Maintenance $5,000
CH Utilities
CH Solar PV reserve fund note service $3,600
CH Electric $1,000
CH Gas $2,000
Solar hot water $0
CH water/sewer $2,100
Garage/Parking lot electric $1,000
Satellite TV $1,200
Workshop Electric and Gas $800
Donation to Work Skills $500
TOTAL $18,000

FINANCE AND LEGAL
Bookkeeping/Operating $700
Savings account for Certified Audit $1,000
Insurance $10,483
Insurance deductible $6,000
Contribution to reserve fund from interest/dividend income $2,675
Professional bookkeeper $2,200
Professional fees $4,000
Truck fees $91
Workshop construction loan (pay off 2022) $1,406
Bad debt writeoff $0
TOTAL $28,555

GROUNDS
Improvement savings fund $500
Equipment and supplies $200
Garbage removal $1,300
Garden operating $150
Garden sprinkler maintenance $150
Garden water line addition
Garden water usage and meter cost $300
Improvement projects $2,000
Landscape maintenance $1,500
Mowing $1,820
Outdoor lighting electricity $42
Recycling $1,700
Residential water/sewer total $22,000
Snow removal operating $800
Truck maintenance savings $0
Truck operating $400
Umbrellas and seating $0
Asphalt repair savings $1,600
Patio paver maintenance $0
TOTAL $34,462

MEMBERSHIP
Caring Committee $425
Cohousing Association Donation $200
Communities magazine $25
Consumer Reports online $26
FIC membership $100
Fun committee operating $800
Outreach $150
Printing and Supplies $100
Work day breakfast/lunch/treat $360
TOTAL $2,186

PROCESS
Archives $50
Display materials $0
Meeting supplies $200
Member resources $200
Facilitation $500
Skills & Thrills $1,700
TOTAL $2,650

STEERING
Critical needs $2,000
TOTAL $2,000

TECH
Internet & CH phone $5,700
Operating $100
Website hosting $208
TOTAL $6,008

WITHOUT SURPLUS TOTAL OPERATING $93,488