Current Budget
Back to homepageRIVER PINES OPERATING BUDGET – 2020
OPERATING ACCOUNT | 2019 Budget | 2019 Actual | 2020 Budget |
---|---|---|---|
Ending Balance | $638,994 | $726,932 | $757,632 |
INCOME | |||
Assessments | $1,284,336 | $1,284,334 | $1,317,729 |
Fees, fines, miscellaneous | $- | $26,775 | $- |
Capital Transfer from Reserves Account | $602,658 | $519,143 | $566,000 |
Total Income | $1,866,994 | $1,830,252 | $1,883,729 |
EXPENSES | |||
Administrative Expenses | $114,092 | $115,111 | $115,075 |
Building Maintenance and Repair | $82,490 | $82,576 | $83,570 |
Capital Expenses | $602,658 | $519,143 | $566,000 |
Grounds Expenses | $317,039 | $326,023 | $314,043 |
Insurance | $80,615 | $87,597 | $84,941 |
Payroll and Payroll Taxes | $96,600 | $103,237 | $96,600 |
Utilities | $26,800 | $21,635 | $26,800 |
Reserve Account Replacement Transfer | $566,700 | $570,105 | $596,700 |
Total Expenses | $1,886,994 | $1,825,427 | $1,883,729 |
RESERVE ACCOUNT | |||
Beginning Balance | $674,952 | $674,952 | $726,932 |
Capital Expenses Transferred to Operating | $(602,658) | $(519,143) | $(566,000) |
Replacement Transfer Funds from Operating | $566,700 | $570,105 | $596,700 |
Interest, Dividends, etc. | $- | $1,072 | $- |