RMRA Year 2001 Budget Summary and Year 2002 Proposed Budget
Presented at the RMRA General Membership Meeting, March 5, 2002
| Year 2001 (Actual) | Year 2002 (Proposed) | |||
| Income | ||||
| Guest Fees/Concessions | $ 1,804.00 | $ 1,500.00 | ||
| Membership Dues | $ 50,700.00 | 169 Members @$300 Each | $ 58,825.00 | 181 Members @ $325 Each |
| Rental Income | $ 3,790.00 | $ 3,000.00 | ||
| Share Purchase ($1,250 each) | $ 12,500.00 | 10 New | $ 5,000.00 | 4 New |
| Interest Earned | $ 600.00 | $ 400.00 | ||
| Total Income = | $ 69,394.00 | $ 68,725.00 | ||
| Expenses | ||||
| Bank Service Charge | $ 52.00 | $ 50.00 | ||
| Bookkeeping | $ 425.00 | $ 500.00 | Payroll Processing | |
| Furniture | $ 715.00 | $ 1,000.00 | ||
| Insurance - Liability | $ 3,091.00 | $ 3,400.00 | ||
| Insurance - Workman's Comp | $ 720.00 | $ 800.00 | ||
| Lanscaping | $ 1,907.00 | $ 2,000.00 | ||
| Legal Fees | $ 0.00 | $ 200.00 | ||
| Mortgage | $ 29,645.00 | $ 27,115.00 | Motgage Refinance | |
| payroll Expenses | $ 15,260.00 | $ 18,000.00 | Manager, Lifeguards, Gatekeeper | |
| Postage and Delivery | $83.00 | $ 100.00 | ||
| Repairs - Building | $ 322.00 | $ 2,100.00 | $1,500 to Tile Bathrooms | |
| Repairs - Pool | $ 5,228.00 | New Clorination System | $ 1,200.00 | Baby Pool System and Flow Sensor |
| Sign | $ 345.00 | $ 0.00 | ||
| Social Activities | $ 200.00 | $ 250.00 | ||
| Supplies - Clubhouse | $ 533.00 | $ 500.00 | ||
| Supplies - Office | $ 124.00 | $ 100.00 | ||
| Supplies - Pool | $ 2,780.00 | $ 2,500.00 | ||
| Supplies - Snack Sales | $ 477.00 | $ 500.00 | ||
| Telephone | $ 583.00 | $ 300.00 | Pay Phone Removed | |
| Utilities - Gas & Electric | $ 4,267.00 | $ 4,800.00 | ||
| Utilities - Sewer & Trash | $ 819.00 | $ 850.00 | ||
| Utilities - Water & HRSD | $ 991.00 | $ 1,000.00 | ||
| Contingency | $ 0.00 | $ 1,460.00 | ||
| Total Expenses = | $ 68,567.00 | $ 68,725.00 | ||
| Reserve Account | ||||
| Beginning of Year | $ 36,200.00 | $ 37,027.00 | ||
| Addition from Yearly Budget | $ 827.00 | $ 0.00 | ||
| End of Year Balance = | $ 37,027.00 | $ 37,027.00 |