RMRA Year 2005 Budget Summary and Year 2006 Proposed Budget
Presented at the RMRA General Membership Meeting, March 7, 2006
| Year 2005 (Actual) | Year 2006 (Proposed) | |||
| Income | ||||
| Guest Fees | $ 904.50 | $ 900.00 | ||
| Interest Earned | $ 156.45 | $ 150.00 | ||
| Membership Dues ($325 each) | $ 77,125.00 | $ 88,550.00 | Project 253 members, $350 per year | |
| RMCA Insurance Ryder | $ 50.00 | $ 50.00 | ||
| Pepsi Machine Sales | $ 74.02 | $ 75.00 | ||
| Rental Income | $8,198.00 | $ 7,150.00 | ||
| Share Purchase | $ 0.00 | $ 0.00 | ||
| Total Income = | $ 86,507.97 | $ 96,875.00 | ||
| Expenses | ||||
| Bank Service Charge | $ 27.50 | $ 30.00 | ||
| Bookkeeping | $ 713.75 | $ 800.00 | ||
| Check In System | $ 242.98 | $ 150.00 | ||
| Furniture | $ 582.49 | $ 2,500.00 | ||
| Insurance - Liability | $ 4,169.00 | $ 4,169.00 | ||
| Insurance - Workman's Comp | $ 703.00 | $ 750.00 | ||
| Lanscaping | $ 3,874.00 | $ 5,000.00 | ||
| Legal Fees | $ 0.00 | $ 200.00 | ||
| Licenses and Permits | $ 25.00 | $ 25.00 | ||
| Misc. | $ 27.35 | $ 50.00 | ||
| Mortgage | $ 24,703.75 | $ 27,000.00 | ||
| Mortgage Refinancing | $ 2,145.57 | $ 0.00 | ||
| Outside Services | $ 670.00 | $ 2,200.00 | ||
| Pest/Termite Control | $ 315.00 | $ 360.00 | ||
| Pool Management | $ 35,000.00 | $ 31,500.00 | ||
| Postage and Delivery | $ 38.00 | $ 75.00 | ||
| Repairs/Maint - Pool | $ 4,025.70 | $ 3,000.00 | ||
| Repairs/Maint - Building | $ 2,125.00 | $ 6,600.00 | ||
| Social Activities | $ 75.00 | $ 150.00 | ||
| Supplies - Clubhouse | $ 365.29 | $ 500.00 | ||
| Supplies - Office | $ 0.00 | $ 0.00 | ||
| Supplies - Pool | $ 0.00 | $ 0.00 | ||
| Swim Team Lane Blocks | $ 965.00 | $ 0.00 | ||
| Taxes | $ 470.00 | $ 500.00 | ||
| Telephone | $ 357.26 | $ 350.00 | ||
| Utilities - Gas & Electric | $ 5,400.93 | $ 6,000.00 | ||
| Utilities - Sewer & Trash | $ 1,129.75 | $ 900.00 | ||
| Utilities - Water & HRSD | $ 1,733.92 | $ 1,200.00 | ||
| Total Expenses = | $ 89,885.24 | $ 94,009.00 | ||
| Reserve Account | ||||
| Beginning of Year | $ 51,509.14 | $ 48,131.87 | ||
| Addition from Yearly Budget | -$ 3,377.27 | $ 2,866.00 | ||
| End of Year Balance = | $ 48,131.87 | $ 50,997.87 | ||
| Mortgage Balance at End of Year | $ 183,785.55 |