Summary 2016 Income Statement & 2017 Budget

The HOA 2016 financial results and 2017 budget, as adopted at the November 2016 Board meeting, are shown below.

  Budget 2016            Budget 2017
Income*
Membership Dues $17,000   $18,500
       
Total Income $17,000   $18,500
Expenses*
Administrative $6,075   $9,800
Communications $8,116   $6,000
Membership $1,659   $2,500
Social General    $550   
Welcome Coffee $600   $200
       
Total Expenses 17,000   $18,500
Net Income in Excess of Expenses 0   0

 

* Income and expenses are rounded off to the nearest $.

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