| 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.
Parkwood Garden Club 