Summary 2017 Income Statement & 2018 Budget
The HOA 2016 financial results and 2017 budget, as adopted at the November 2016 Board meeting, are shown below.
Budget 2017 | Budget 2018 | ||
---|---|---|---|
Income* | |||
Membership Dues | $18,500 | $20,000 | |
Total Income | $18,500 | $20,000 | |
Expenses* | |||
Administrative | $9,800 | $6450 | |
Communications | $6,000 | $3,400 | |
Membership | $2,500 | $3,300 | |
Social General | 0 | $800 | |
Welcome Coffee | $200 | $200 | |
Tellico Life | $5,850 | ||
Total Expenses | $18,500 | $20,000 | |
Net Income in Excess of Expenses | 0 | 0 |
* Income and expenses are rounded off to the nearest $.
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