The annual budget gets approved by the membership at the Annual Meeting each December. For 2023 we will give paid-in-full-owners a $30 Christmas bonus.
Kuau Bayview Budget for 2023
Account Entry
2021 Actual
2022 Budget
Percentages
2023 Budget
Income
Maintenance Fees
8,244.00
8,244.00
9,368.00
Late Fees
48.00
60.00
30.00
Transfer Fees
1,800.00
1,800.00
1,200.00
Bank Interest
41.51
41.51
42.00
Misc Income / Fines
1,444.69
6,620.00
0.00
Total Income:
$11,578.20
$16,765.51
$10,640.00
Expenses
Accounting & Admin
2,604.12
2,604.11
15.53 %
2,604.11
Legal Costs
0.00
0.00
0.00 %
0.00
Insurance
1,540.89
1,685.35
10.05 %
1,685.35
Landscaping
8,124.96
8,124.96
48.46 %
8,124.96
Retention Basin
35.40
20.00
0.12 %
20.00
Supplies / Irrigation
592.43
100.00
0.60 %
100.00
Rock Wall
0.00
0.00
0.00 %
0.00
Fencing
0.00
2,580.00
15.39 %
3,200.00
Water Bill (irrigation)
692.71
800.00
4.77 %
800.00
Corporate Filing
2.50
2.50
0.01 %
2.50
Tax: General Excise
1.64
3.50
0.02 %
1.70
Tax: Federal
0.00
3.00
0.02 %
3.00
Tax: State
0.00
0.00
0.00 %
0.00
Office Expenses
0.00
0.00
0.00 %
0.00
Postal Costs
0.00
0.00
0.00 %
9.80
Meeting Expenses
520.83
520.83
3.11 %
520.83
Bank Charges
0.00
0.00
0.00 %
0.00
Allocation to Reserve
0.00
0.00
0.00 %
0.00
Website Costs
43.85
29.90
0.18 %
29.90
Gifts/Misc
0.00
20.00
0.12 %
20.00
Security / Safety
0.00
0.00
0.00 %
18.24
Total Expenses:
$14,159.33
$16,494.15
98.38 %
$17,140.39
Profit or Loss (-):
$-2,581.13
$271.36
1.62 %
$-6,500.39
Ancient Hawaiian Honu or Green Sea Turtle
Pink Lotus