2014 Parkwood Garden Club Budget

Parkwood Garden Club
Proposed Budget for 2014 – Revised from 9/10/13 Version
February 12, 2014
Sources of Funds as of Jan 1, 2014
2014 Membership Dues (101 members @ $43.30 avg.)  $     4,476
2014 Additional Contributions to General Fund (15)  $        417
2013 Rollover from Admin. And Civic Committees  $          41
2013 Rollover from Membership Committee  $        559
2013 Rollover from Park Committee  $           –
2013 Rollover from Park Special Fund  $        102
2013 Rollover from 2013 DHCA Donation  $     1,500
Total Sources of Funds (= checking acct balance)  $      7,095
 Less portion of 2013 DHCA rollover to Park Special Fund ($1,175)
Less 2013 rollover of Park Spec. Fund to Park Spec. Fund ($102)
Total 2014 Funds for PGC General Fund  $      5,818
PGC General Fund Budgeted Expenses
Administration
Property Taxes  $          35
Liabity Insurance Premium  $        250
Annual Corp. Registration w/GA  $          40
Web Site Fee  $          20
PO Box Rental  $          55
Hosts’ Appreciation  $        150
Miscellaneous  $          92
Subtotal  $         642
Parkwood Park Committee
Grounds Maintenance: 20 visits @ $175 each  $     3,500
Miscellaneous (none)  $           –
Subtotal  $      3,500
Membership Committee
Winter/Spring Party  $        325
Summer Party  $        325
Fall Street Party  $        300
Fall 2014 Directory Printing  $        250
Fall 2014 Membership Drive  $          75
Neighbor Care  $        100
Fall 2013 Directory Printing (printed and paid in Jan 2014)  $        201
Subtotal  $      1,576
Civic Committee
Holiday Decorations  $          50
Miscellaneous  $          50
Subtotal  $         100
2014 PGC General Fund Budget  $      5,818
2014 Park Comm. Special Fund Balance  $      1,277
Uses of Funds as of Jan 1, 2014  $      7,095

Revised Proposed PGC Budget for 2014 dated February 12, 2014

The Feb. 7, 2014 proposed budget was reduced by $2, from $5,820 to $5,818, and further modified as follows:

1. Noted that the 2013 rollover balance of $102 in the Park Special Fund continues to be separately listed with that fund, and is not part of the PGC General Fund budget.  This led to the deletion of the $102 line item listed under the Parkwood Park Committee section.

2. Noted that $1,175 of the 2013 DHCA $1,500 donation is listed separately with the Park Special Fund, and deleted the $1,500 “Park Maintenance” line item from the Parkwood Park Committee. The balance of the DHCA donation is in Item No. 4 below.

3. Added a $150 “Host’s Appreciation” line item to the Administrative budget to provide the PGC Board with a mechanism for giving small “thank-you” acknowledgements to hosts of the annual parties. These extra amount was obtained from excess 2013 Membership Committee rollover balances.

4. Added $1,225 to the Grounds Maintenance line item listed under the Parkwood Park Committee in order to fully budget for the 2014 contract with Leitch Landscaping.  This amount will pay for 20 events (from March thru December) at $175 each.  The additional amount for this service was obtained as follows: (1) $823 from other draft Park Committee line items which were deleted (see item  No. 5 below); (2) $325 from the 2013 DHCA donation; (3) $74 from excess 2013 Membership Committee rollover balances; and (4) $3 from the Administrative miscellaneous line item.

5. Deleted $823 from the draft Park Committee budget: (1) $200 for a Spring cleanup which is considered to be unnecessary in 2014; and (2) $623 for water meter rental and water usage costs.  If a $600 water meter rental deposit is to be incurred during the 2014 planting season, the amount would be temporarily provided either from the PGC checking account balance or the PGC savings account funds, and the deposit would be expected to be returned by Dekalb County after the meter itself is returned.

6. Added $50 to the Membership Committee’s Fall 2014 Party budget line item – raising it from $250 to $300.  The extra amount was from a portion of the Fall 2013 Party line item rollover balance.

7. Deleted a total of $224 from the Membership Committee’s section: (1) $124 from the Fall 2013 Party line item rollover balance; and (2) $100 from the 2013 Neighbor Care line item rollover balance.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s