| FWOA 2020 Budget |
|
| |
|
2020 Income & YTD Expenses |
2020 Projected Budget |
$Over/Under Budget |
Notes – line items include |
| CY2019 carryover |
|
$28,898.26 |
|
|
|
| Income |
|
$0.00 |
$0.00 |
$0.00 |
|
|
Pool insurance reimbursement |
$0.00 |
$609.60 |
-$609.60 |
|
|
Dues – FWOA |
$17,775.00 |
$18,000.00 |
-$225.00 |
|
| Total Income |
|
$46,673.26 |
$18,609.60 |
-$834.60 |
|
|
|
|
|
|
|
| Expenses |
First Utility District |
$284.24 |
$650.00 |
$365.76 |
First Utility District – water – includes back flow test fees |
|
LCUB |
$57.87 |
$500.00 |
$442.13 |
Lenoir City Utility Board (electric) |
|
Southernocity Landscaping |
$4,533.34 |
$6,700.00 |
$2,166.66 |
($6,700.00 contract includes mowing, mulching, flowers, weeding, etc.) |
|
Rainscapes |
$208.00 |
$425.00 |
$217.00 |
(Startup and Winterization) |
|
Auto-Owners |
$1,008.00 |
$1,050.00 |
$42.00 |
60/40 split with pool budget |
|
Property Taxes (prior year) |
$386.00 |
$150.00 |
-$236.00 |
513 Sundown; 300 Sundown (pool budget pays) |
|
Rural Metro |
$0.00 |
$30.00 |
$30.00 |
513 Sundown; 300 Sundown (pool) |
|
Coorporation Annual Report |
$20.46 |
$50.00 |
$29.54 |
to maintain TN active association |
|
Website |
$139.35 |
$150.00 |
$10.65 |
annual fees (hosting fee & domain fee) |
|
PO Box |
$148.00 |
$160.00 |
$12.00 |
annual fee |
|
Misc. Common Area |
$3,445.25 |
$15,000.00 |
$11,554.75 |
($3445.25 New Pavilion and Slab)(Projected Budget includes repaving common area parking lot and replacing infant swing set with a new design) |
|
Newsletters/brochures |
$0.00 |
$200.00 |
$200.00 |
|
|
Membership Drive |
$402.90 |
$500.00 |
$97.10 |
membership drive mailings |
|
Supplies |
$60.32 |
$200.00 |
$139.68 |
checks, envelopes, stamps, etc. |
|
Holiday Decorations |
$0.00 |
$250.00 |
$250.00 |
|
|
Social Committee |
$25.00 |
$525.00 |
$500.00 |
Easter Egg Hunt, Yard Sale, Annual meeting, etc. |
| Total Expenses |
|
$10,718.73 |
$26,540.00 |
$15,821.27 |
|
| Balance |
|
$35,954.53 |
|
|
|
| Projected Final Balance |
$28,898.26 |
-$7,930.40 |
$ 20,133.26 |
|