2012 HOA Budget
Summary 2011 Income Statement & 2012 Budget
The HOA 2011 financial results and 2012 budget, as adopted at the December 2011 Board meeting, are shown below.
| Budget 2011 | Actual 2011 | Budget 2012 | |
|---|---|---|---|
| Income* | |||
| Membership Dues | $15,000 | $16,130 | $16,000 |
| Social, Activity Payments |
67,332 | ||
| Total Income | $15,000 |
$83,462 |
$16,000 |
| Expenses* | |||
| Administrative | $6,535 | $7,525 | $6,750 |
| Communications | 8,995 | 8,253 | **6,700 |
| Membership | 1,455 | 1,156 | ***2,150 |
| Social, Activity Disbursements |
65,742 | ||
| Social, General | 140 | 68 | 100 |
| Welcome Coffees | 250 | 330 | 300 |
| Total Expenses | 17,375 | 83,039 | 16,000 |
| Net Income in Excess of Expenses | $ (2,375) | $423 | 0 |
* Income and expenses are rounded off to the nearest $.
** 2011 Budget included expenses for printing the Voice of the Village newsletter in color as an experiment in readership. 2012 Budget does not include color reproduction.
*** Cost of maintaining the membership database is included in this category for the first time.