Budget Bits - May
Posted on May 12th, 2017
by Mike Bossio, Treasurer
The April financial performance was generally as expected but we did receive some unexpected charges incurred from services performed in 2016. These charges totaled approximately $18,000. Together with other unanticipated expenses (which includes two fallen trees totaling about $7700 and repair of the #1 well pump totaling about $10,000), the total thus far this year is about $36,000. Our job now is to find offsets. We deposited our planned $16,150 per month in the Reserve Fund, which is currently at $594,660. All other expenses and income were as planned. I will continue to keep you apprised of our financial performance.
