|
|
|
Budget |
|
Actual |
|
Budget |
|
Actual |
|
Budget |
|
Revised Budget |
|
|
|
|
|
2005 |
|
2005 |
|
2006 |
|
2006 |
|
2007 |
|
2007 |
|
|
| INCOME |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ACBL rebates |
|
1,000 |
|
1,274 |
|
1,200 |
|
788 |
|
800 |
|
800 |
|
|
|
Ad revenue (other) |
|
300 |
|
75 |
|
100 |
|
0 |
|
0 |
|
0 |
|
|
|
Investment income |
|
17,000 |
|
17,370 |
|
17,000 |
|
17,223
|
|
19,000 |
|
18,888 |
|
|
|
Rent income |
|
18,300 |
|
18,368 |
|
18,368 |
|
18,418 |
|
18,368 |
|
21,068 |
|
|
|
Sectional |
|
4,000 |
|
2,917 |
|
3,500 |
|
2,635 |
|
3,200 |
|
3,200 |
|
|
|
299er Sectional |
|
|
|
|
|
0 |
|
2,111 |
|
3,500 |
|
3,500 |
|
|
|
Unit game income |
|
2,500 |
|
2,645 |
|
2,800 |
|
2,263 |
|
2,000 |
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total income |
|
43,100 |
|
42,650 |
|
42,968 |
|
43,438
|
|
46,868 |
|
49,456 |
|
|
| EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ACBL fees |
|
0 |
|
224 |
|
300 |
|
231 |
|
100 |
|
100 |
|
|
|
Administrative charges |
0 |
|
86 |
|
100 |
|
28 |
|
0 |
|
0 |
|
|
|
Charity |
|
800 |
|
58 |
|
200 |
|
42 |
|
0 |
|
0 |
|
|
|
Copying |
|
0 |
|
3 |
|
0 |
|
152 |
|
0 |
|
0 |
|
|
|
Fixed and variable |
|
1,000 |
|
1,017 |
|
1,100 |
|
953 |
|
1,000 |
|
1,000 |
|
|
|
Insurance D & O |
|
500 |
|
0 |
|
1,000 |
|
359 |
|
0 |
|
0 |
|
|
|
Maintenance |
|
1,050 |
|
880 |
|
1,000 |
|
691 |
|
1,000 |
|
800 |
|
|
|
Marketing (Free Play, Advertising) |
500 |
|
0 |
|
0 |
|
348 |
|
400 |
|
800 |
|
|
|
Newsletter |
|
700 |
|
790 |
|
1,000 |
|
685 |
|
700 |
|
700 |
|
|
|
Property tax |
|
3,400 |
|
3,342 |
|
3,500 |
|
1,686 |
|
3,600 |
|
3,600 |
|
|
|
Rent |
|
33,000 |
|
33,000 |
|
33,000 |
|
33,000 |
|
35,000 |
|
35,000 |
|
|
|
Sectionals |
|
5,000 |
|
2,382 |
|
3,000 |
|
4,637 |
|
6,000 |
|
6,000 |
|
|
|
Supplies |
|
1,000 |
|
63 |
|
200 |
|
163 |
|
200 |
|
200 |
|
|
|
Tax (other) |
|
|
|
|
|
|
|
80 |
|
100 |
|
100 |
|
|
|
Tax preparation |
|
400 |
|
345 |
|
400 |
|
375 |
|
400 |
|
400 |
|
|
|
Unit game |
|
1,100 |
|
839 |
|
1,000 |
|
430 |
|
500 |
|
500 |
|
|
|
Utilities |
|
700 |
|
571 |
|
700 |
|
796 |
|
900 |
|
900 |
|
|
|
Web site |
|
250 |
|
365 |
|
500 |
|
382 |
|
400 |
|
400 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total expenses |
|
49,400 |
|
43,965
|
|
47,000 |
|
45,038
|
|
50,300 |
|
50,500 |
|
|
| PROFIT/LOSS |
|
(6,300) |
|
(1,315) |
|
(4,032) |
|
(1,600) |
|
(3,432) |
|
(1,044) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Footnotes: |
1 |
In 2006, there were $15,550 transfers from
Schwab account to operating account. |
|
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|
|
2 |
In 2006, the December interest from GNMA
account did not post and the December |
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|
|
|
property tax bill did not come through.
These will nearly offset, so the net loss for |
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|
|
|
|
the year
of $1,600 will not significantly change. |
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3 |
The Revised 2007 Budget includes both the 12%
rental increase (beginning July 1st), |
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the
extra $300 per month (beginning April 1st) that the Club Owners |
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have
committed to help with the rental increase, and a Marketing |
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line
item, replacing "Advertising". |
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