Operating Budget YTD 06/29/2019

Cinosam Club
2019 Operating Budget
Fiscal Year January 1, 2019 – December 31, 2019
Actual to Budget thru June 29, 2019
Revenue YTD Actual Budget
General Membership (165) $11,800 $16,500
Boat Slips $16,000 $16,000
Canoe/Kayak $300 $500
Other $100 $400
TOTAL REVENUE $27,750 $33,400
Expenses by Major Category; YTD Actual Budget
• Real Estate Taxes; $11,220 $11,220
• MN Power; $165.73 $400
• Dock Material/Dock Preservation $1,213.24 $2,500
• Lot(s) Preservation; $0 $4,000
• Park Maintenance/Upgrades; $1,434.81 $6,000
• Postage/Post Office Fee; $44.92 $175
• Seasonal Dock/Lift; $2,385 $4500
• Cinosam Celebrations; $0 $400
• Association Dues; $50 $150
• Liability Insurance; $1,225 $2,150
• Bank Fees; $31.26 $150
TOTAL EXPENSES $17,719.96 $31,645
Assets
Checking Balance as of 6.1.2019 $ 49,969.780
Donations $ 100 (for park flowers)
BUDGET ASSUMPTIONS Actual YTD Budget
General Membership 118 165 @ $100
Paid Boat Slip Members 32 32 @ $500
Paid Canoe Slip 6 10 @ $50
YTD Financial Notes:
– $100 flower donation used, funds remaining
– 4th of July donation funds remaining, propose vote for using towards supplies
– Park maintenance paid out to Boots for top of stairs on lot 1
Respectfully Submitted, Liz Becher, Cinosam Treasurer 8.3.2019