SRCD Budget for the Fiscal Year Ending June 30th, 2019

  • Frank DeBerry
  • 21 Jul 2018
  •   Comments Off on SRCD Budget for the Fiscal Year Ending June 30th, 2019

 

SRCD FY19 Budget:

Total Resort Service Fee Revenue                           800,000
Administration
Outside Services – Legal                              50,000
Outside Services – Accounting/Admin                              20,000
Member Communication                                 7,500
Insurance                               10,000
    Total Administration                              87,500
Operations
Fire Department Breathing Apparatus                               41,400
Project Improvements – Board Approved                            100,000
Capital Reserve Study / Strategic Plan                              50,000
Road Repair                           200,000
     Total Operations                            391,400
Total Expenses                           478,900
Reserves
SRCD Required Reserve 25% of Resort Service Fee                           200,000
                          200,000
Net Operating Income                              121,100

 

Below is MTA budget for FY2019.  This is for reference only (no connection to the SRCD).

FY19 Mountain Top Assessment Budget:

 $ %  $  $
Revenues:
Mountaintop Assessment (MTA)
Treetop                           26,077
Leatherbark by agreement                            15,552
Powderidge by settlement                           55,032
Black Bear Crossing                           52,500
Total Voluntary and by Agreement                           149,161
Residental by Deed                    1,889,870
Resort Owned Residential Property  (SN)                            23,192
Resort Land (SN)                        348,097
Resort Managed Commercial (SN & CNL)                        225,040
Silver Creek Commercial                              4,600
Voluntary Goodwill Supplimental Funds (SN)                           88,332
                        689,261
Total Mountaintop Assessment (MTA)                   2,728,292
 $
Expenses:
Public Safety
Salaries and Wages         386,433
Emergency Response/Dispatch            35,208
Fuel & Oil             17,970
Supplies               9,470
Contract Services             21,996
Repairs and maintenance, Heavy Equipment Rental                                        3024
Employee Training               5,004
Employee Recognition/Uniforms             10,008
Licenses                   450
                       489,563
Fire Department
Salaries and Wages         379,304
Emergency Response/Dispatch             35,210
Station Amortization            79,092
Capital Financing            68,087
Fire Dept Operating Budget           119,580
                        681,273
Common Area
Salaries and Wages         255,303
Fuel & Oil             14,728
Supplies            57,209
Contract Services               9,890
Repairs and maintenance, Heavy Equipment Rental                                    159,296
Employee Recognition/Uniforms               5,730
Licenses                   290
                       502,446
Shuttle Service
Salaries and Wages         273,569
Fuel & Oil            74,750
Supplies               2,262
Shuttle Buses, Vans, & Shelters             71,844
Contract Services                1,076
Repairs and maintenance, Heavy Equipment Rental                                     102,367
Employee Recognition/Uniforms                1,000
Travel               3,255
Licenses                3,120
                       533,243
Utilities
Utilities & Space            82,572
                          82,572
Administration
Benefits/Payroll Taxes          246,981
Insurance               5,000
Bad Debt             47,214
Administrative Fee            60,000                         359,195
Total Expenses                   2,648,292
Rebates
MTA Rebates to On-Time Payers (10% of Resort Service Fee) 10%                           80,000
Reserves
Net Operating Income                                       –
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