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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