The annual budget gets approved by the membership at the Annual Meeting each November. For 2021 we gave paid-in-full-owners a $50 bonus to distribute some of the profit from 2020.
Kuau Bayview Budget for 2021
Account Entry
2020 Actual
2021 Budget
Percentages
2022 Budget
Income
Maintenance Fees
12,147.74
7,628.00
9,329.00
Late Fees
165.00
45.00
30.00
Transfer Fees
3,000.00
1,200.00
1,200.00
Bank Interest
50.67
50.67
55.00
Misc Income
11,198.02
0.00
0.00
Total Income:
$26,561.43
$8,923.67
$10,614.00
Expenses
Accounting & Admin
2,604.12
2,604.11
29.18 %
2,604.11
Legal Costs
0.00
0.00
0.00 %
0.00
Insurance
1,540.89
1,540.89
17.27 %
1,540.89
Landscaping
8,124.96
8,125.00
91.05 %
8,125.00
Retention Basin
0.00
20.00
0.22 %
20.00
Supplies / Irrigation
177.80
100.00
1.12 %
100.00
Rock Wall
50.00
0.00
0.00 %
0.00
Fencing
0.00
0.00
0.00 %
0.00
Water Bill (irrigation)
697.63
800.00
8.96 %
800.00
Corporate Filing
22.50
2.50
0.03 %
2.50
Tax: General Excise
3.32
3.50
0.04 %
3.50
Tax: Federal
0.00
3.00
0.03 %
3.00
Tax: State
0.00
0.00
0.00 %
0.00
Office Expenses
93.73
0.00
0.00 %
0.00
Postal Costs
0.00
0.00
0.00 %
9.80
Meeting Expenses
520.83
570.83
6.40 %
570.83
Bank Charges
0.00
0.00
0.00 %
0.00
Allocation to Reserve
0.00
0.00
0.00 %
0.00
Website Costs
27.90
27.90
0.31 %
27.90
Gifts/Misc
0.00
20.00
0.22 %
20.00
Security / Safety
0.00
0.00
0.00 %
0.00
Total Expenses:
$13,863.68
$13,817.73
154.84 %
$13,827.53
Profit or Loss (-):
$12,697.75
$-4,894.06
-54.84 %
$-3,213.53
Ancient Hawaiian Honu or Green Sea Turtle
Pink Lotus