Cinosam Club
2017 Operating Budget
Fiscal Year January 1, 2017 – December 31, 2017
YTD April 2017
Revenue YTD Actual Budget General Membership $9,500 $12,400
Boat Slips $16,000 $16,000
Canoe/Kayak $50 $500
Other $0 $400
TOTAL REVENUE $25,550 $29,300
Expenses by Major Category; YTD Actual Budget
- Real Estate Taxes; $10,434 $12,500
- MN Power; $151 $600
- Dock Material/Dock Preservation $3,671 $4,500
- Lot(s) Preservation; $0 $5,400
- Postage/Post Office Fee; $49 $100
- Seasonal Dock/Lift; $0 $4500
- Cinosam Celebrations; $0 $400
- Association Dues; $150 $150
- Liability Insurance; $0 $1,100
- Bank Fees; $0 $35
TOTAL EXPENSES $14,455 $29,285
EAGLE CARVING (as of 12.31.16) Revenue and Expenses not reflected in above detail, however are reflected in assets noted above.
Donations Received $3,908
Expenses to Date $3,148.85
BUDGET ASSUMPTIONS Actual YTD Budget
General Membership 95 124 @ $100
Paid Boat Slip Members 32 32 @ $500
Paid Canoe Slip 1 10 @ $50
Respectfully Submitted, 4.30.17
Kelly J. Spratt, Cinosam Treasurer
