Cinosam Club 2017 Operating Budget Fiscal Year January 1, 2017 – December 31, 2017 Actual to Budget YTD July 2017
Revenue YTD Actual Budget
- General Membership $12,000 $12,400
- Boat Slips $16,000 $16,000
- Canoe/Kayak $150 $500
- Other $535.13 $400
Total Revenue $28,685.13 $29,300
Expenses by Major Category YTD Actual Budget
- Real Estate Taxes; $10,434 $12,500
- MN Power; $256 $600
- Dock Material/Dock Preservation $6,089 $4,500
- Lot(s) Preservation; $1,871 $5,400
- Postage/Post Office Fee; $49 $100
- Seasonal Dock/Lift; $2,025 $4500
- Cinosam Celebrations; $226.55 $400
- Association Dues; $150 $150
- Liability Insurance; $0 $1,100
- Bank Fees; $0 $35
TOTAL EXPENSES $21,101.59 $29,285
Assets
- Checking Balance as of 7.31.17 $44,105.16
- CD $1,782.00
EAGLE CARVING (as of 12.31.16) Revenue and Expenses not reflected in above detail, however are reflected in assets noted above.
- Donations Received $3908
- Expenses to Date $3,148.85
Budget Assumptions YTD Actual Budget
- General Membership 120 124 @ $100
- Paid Canoe Slip 3 10 @ $50
- Paid Boat Slip Members 32 32 @ $500
Respectfully Submitted, 7.31.17
Kelly J. Spratt, Cinosam Treasurer
