From eldoradocommunity.org
Financial Reports
By
Feb 28, 2006, 12:59
December 16, 2008
Treasurer’s Report thru November, 2008
|
Operating
Budget Year to Date |
This Month |
Actual YTD |
|
Revenues |
9,974 |
734,081 |
|
Operating Expenditures |
44,223 |
651,951 |
|
Reserve Budget Year to Date |
|
|
|
Capital |
- |
20,926 |
|
Contingency |
260 |
14,854 |
|
Replacement |
- |
23,528 |
|
Balance Sheet Highlights |
|
|
|
Liquid Assets |
|
708,453 |
|
Fixed Assets |
|
1,001,805 |
|
Total Assets |
|
1,710,258 |
|
|
|
|
|
Current Liabilities |
20,381 |
|
|
|
|
|
Highlights
-Capital projects include repair of the main stable road, and replacement of the stable arena fence panels.
-Contingency includes 11, 984.44 of the appropriated 12,000 for attorney fees for a covenant violation and the purchase of the new Railroad building door.
-Replacement Reserve includes two new lifeguard chairs for the pool, a new baby pool filter, a soccer field fence and train station floor.
*Annual Budget
*Annual Budget
| REVENUES |
BOARD |
PERCENT |
|
| |
APPROVED |
OF |
|
| DESCRIPTION |
YEAR 2009 |
BUDGET |
REMARKS OR REASON FOR CHANGE |
| General Assessments |
$664,560 |
83.92% |
REFLECTS 2769 X $240 PER LOT |
| Late & Lien Fees |
$3,500 |
0.38% |
|
| Annex Rent |
$3,000 |
0.38% |
|
| Architectural Applications |
$800 |
0.10% |
FEWER NEW HOMES |
| Assessment Certificates |
$6,000 |
0.76% |
HOME SALES DOWN |
| Coke Machine |
$500 |
0.06% |
|
| Community Center Rentals |
$9,000 |
1.14% |
|
| History Book Sale |
$100 |
0.01% |
|
| Interest |
$15,000 |
1.89% |
|
| Map,Fax,Copies |
$50 |
0.01% |
LESS REQUESTS |
| Residence Rent |
$9,600 |
1.21% |
|
| Security House Checks |
$900 |
0.11% |
|
| Stables |
$18,500 |
2.34% |
REIMBURSEMENT BY HORSE OWNERS |
| Pool Passes |
$3,000 |
0.38% |
|
|
|
0.38% |
|
| TOTAL REVENUES |
$734,510 |
92.69% |
|
| APPROPRIATED FUND BALANCE |
$57,415 |
7.31% |
|
| FUND BALANCE & REVENUES |
$791,925 |
100.00% |
|
|
|
|
|
| GENERAL OPERATIONS: |
|
|
|
| Dues/Subscriptions |
$1,400 |
|
|
| Back Dues Legal |
$600 |
|
|
| Annual Audit |
$7,000 |
|
PROJECTED INCREASE |
| Legal Fees |
$5,000 |
|
|
| Property Insurance |
$37,500 |
|
ADDITIONAL COVERAGE |
| State and Federal Taxes |
$4,500 |
|
CREDIT FROM 2007 TAXES |
| Workers Compensation |
$13,500 |
|
PROJECTED INCREASE |
| Wages & Payroll Taxes |
$282,000 |
|
|
| Retirement Benefits |
$7,000 |
|
|
| Education & Training |
$3,500 |
|
|
| Travel |
$2,500 |
|
|
| Health/Life Insurance |
$20,000 |
|
NEW EMPLOYEE ON PLAN-INCREASE 9.6% ON PREMIUM |
| Total General Operations |
$384,500 |
48.55% |
|
|
|
|
|
|
|
|
|
| OFFICE OPERATIONS: |
|
|
|
| Safety Deposit Box & Bank Fees |
$150 |
|
|
| Copier Maintenance |
$1,400 |
|
|
| Office Maintenance |
$0 |
|
DELETE AS LINE ITEM |
| Office Supplies |
$3,000 |
|
COMBINED WITH OFFICE MAINTANENCE |
| Postage |
$3,500 |
|
|
| Software |
$450 |
|
|
| Telephone |
$3,500 |
|
PROJECTED INCREASE |
| Total Office Operations |
$12,000 |
1.52% |
|
|
|
|
|
| WILDERNESS OPERATIONS: |
|
|
|
| Repairs & Maintenance |
$4,000 |
|
|
|
|
|
|
| Total Wilderness Operations |
$4,000 |
0.51% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| EXPENSES |
STAFF/COMMITTEE |
PERCENT |
|
| |
RECOMMENDATION |
OF |
|
| DESCRIPTION |
Year 2009 |
BUDGET |
REMARKS OR REASON FOR CHANGE |
|
|
|
|
| Rental Residence Repairs |
$1,000 |
|
|
| Grounds & Court Repairs |
$5,000 |
|
|
| Building Repairs |
$12,000 |
|
|
| Trash Removal |
$4,000 |
|
ADDITIONAL PICK-UPS IN SUMMER |
| Electric |
$3,465 |
|
PROJECTED INCREASE |
| Natural Gas |
$8,500 |
|
PROJECTED INCREASE |
| Water |
$4,200 |
|
PROJECTED INCREASE |
| Machinery Gasoline & Oil |
$5,000 |
|
PROJECTED INCREASE |
| Portable toilets |
$2,310 |
|
PROJECTED INCREASE |
| Graffiti Removal |
$250 |
|
|
| Repairs & Equipment |
$4,750 |
|
|
| Patio & Gardens |
$5,000 |
|
|
| Facilities and Grounds Committee |
$2,000 |
|
PURCHASE SOFTWARE-RESIDENT MAILING |
| Total Buildings & Grounds |
$57,475 |
7.26% |
|
|
|
|
|
| COVENANTS COMPLIANCE: |
|
|
|
| Gasoline |
$2,000 |
|
|
| Legal |
$8,000 |
|
|
| Postage |
$750 |
|
|
| Supplies |
$750 |
|
|
| Total Covenants Compliance |
$11,500 |
1.45% |
|
|
|
|
|
| COMMUNITY RELATIONS: |
|
|
|
| Bulk Mail |
$425 |
|
PROJECTED INCREASE |
| VISTAS Newsletter |
$45,000 |
|
PROJECTED INCREASE |
| Website |
$4,600 |
|
UPGRADE WEBSITE |
| Recording Board Meeting Minutes |
$500 |
|
|
| Annual Meeting |
$7,000 |
|
|
| Welcome Packet |
$1,500 |
|
|
| Neighborhood Watch |
$1,000 |
|
|
| ECIA Sponsored Events |
$5,000 |
|
|
| Total Community Relations |
$65,025 |
8.21% |
|
|
|
|
|
| POOL OPERATIONS: |
|
|
|
| Apparel |
$700 |
|
PROJECTED INCREASE |
| Chemicals |
$4,200 |
|
PROJECTED INCREASE |
| Electric |
$3,310 |
|
PROJECTED INCREASE |
| Natural Gas |
$9,000 |
|
PROJECTED INCREASE |
| Pool Passes |
$1,500 |
|
NEW SYSTEM IN USE |
| Repair & Maintenance |
$6,000 |
|
|
| Supplies |
$2,600 |
|
|
| Telephone |
$250 |
|
|
| Water |
$5,500 |
|
PROJECTED INCREASE |
| Total Pool |
$33,060 |
4.17% |
|
|
|
|
|
| SECURITY OPERATIONS: |
|
|
|
| Security Contract |
$96,460 |
|
PROJECTED INCREASE |
| Total Security Operations |
$96,460 |
12.18% |
|
|
|
|
|
| SOCCER FIELD OPERATIONS: |
|
|
|
| Supplies & Maintenance |
$2,500 |
|
|
| Water |
$2,000 |
|
|
| Total Soccer Field Operations |
$4,500 |
0.57% |
|
|
|
|
|
|
|
|
|
| |
STAFF/COMMITTEE |
PERCENT |
|
| |
RECOMMENDATION |
OF |
|
| DESCRIPTION |
Year 2009 |
BUDGET |
REMARKS OR REASON FOR CHANGE |
|
|
|
|
| Hike/Bike Trail Repairs |
$25,000 |
|
|
| Total Hike/Bike Trail |
$25,000 |
3.16% |
|
|
|
|
|
|
|
|
|
| STABLE OPERATIONS: |
|
|
|
| Water |
$5,500 |
|
REIMBURSED BY STABLE OWNERS |
| Electric |
$400 |
|
|
| Portable Toilet |
$1,155 |
|
PROJECTED INCREASE |
| Annual Road Maintenance |
$2,500 |
|
|
| Repairs & Maintenance |
$1,200 |
|
|
| Manure Removal |
$10,000 |
|
REIMBURSED BY STABLE OWNERS |
| Fly program |
$2,000 |
|
REIMBURSED BY STABLE OWNERS |
| Total Stable Operations |
$22,755 |
2.87% |
|