Cinosam Club 2019 Operating Budget
Fiscal Year January 1, 2019 – December 31, 2019
Actual to Budget thru September 7, 2019
Revenue YTD Actual Budget
General Membership (165) $12,000 $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; $199.73 $400
• Dock Material/Dock Preservation $1,213.24 $2,500
• Lot(s) Preservation; $0 $4,000
• Park Maintenance/Upgrades; $1,787.36 $6,000
• Postage/Post Office Fee; $392.46 $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 $18,459.05 $31,645
Assets
Checking Balance as of 9.7.2019 $ 49,635.37
Donations $ 100 (for park flowers)
BUDGET ASSUMPTIONS Actual YTD Budget
General Membership 120 165 @ $100
Paid Boat Slip Members 32 32 @ $500
Paid Canoe Slip 6 10 @ $50
YTD Financial Notes:
Respectfully Submitted, Liz Becher, Cinosam Treasurer 9.7.2019
