ABC
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2021 Pumping Station: One
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Area:
Pumping Station: One
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Prepared by:Carl Karsten
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Terminology
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Revenues
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Projected Income$199,440 Membership dues
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Expenses
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Operational Budget$174,028 Board determined rent, utilities, insurance, pro services, etc
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Administrative Expenses$9,370 For membership approval
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Area Budgets$72,726 For membership approval
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Total Expenses$256,124
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2021 plan-$56,684 This year we will spend more than we bring in.
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Cash in Bank
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Current Bank Balance$161,398
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Liabilities
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Outstanding Votes$0 Votes not yet expired, voted on by the membership prior to the Budget Vote
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2021 Start (we are here)$161,398
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Start + Plan = Ending Bank$104,715 Amount in the bank Dec 31 2021 (maybe)
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Savings Requirement$141,000 10mo of operating budget including 12mo of insurance and city code compliance
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Discretionary funds available for member votes-$36,285 Amount of $141k Savings to spend becuase it rained.