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Association Seal Association Budget

Association By-Laws state the Treasurer, "... shall prepare an annual budget and a statement of income and expenditures to be presented to the membership at its regular annual meeting ..."

Below is the 2019 proposed budget.  The budget and Year-to-Date spending are shown in the monthly Finance Reports.

Proposed 2019 Parkwood Estates
Homeowners Association Budget

November 13, 2018

Item

Revenue

Expense

Checking and Savings Carry Over from 2018

$30,000

 

Dues @ $110.00

$34,870

 

Past Year Dues

$0

 

Misc. Income Late Fees

$100

 

Attorney / Liens

 

$2,000

State of Michigan Non-profit Report

 

$20

P.O. Box Renewal

 

$175

Financial Secretary

 

$3,600

Website

 

$60

Property Tax

 

$100

Insurance

 

$2,700

Mowing/Fertilization/Cleanup

 

$12,000

Park Maintenance

 

$1,000

New Park Signs

 

$1,000

Snow Removal

 

$3,624

Salting

 

$0

Christmas Lighting Contest

 

$105

Curb Appeal Contest

 

$105

Easter Egg Hunt

 

$250

Park Activities

 

$2,000

Newsletters/Printing/Postage

 

$700

Undesignated Expenses

 

$500

TOTALS

$64,970

$29,939

 

 


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