2021 Annual Mtg proposed budget

WEST SHORE PARK CORPORATION
FINAL DRAFT OF BUDGET
FISCAL YEAR 4/1/21 — 3/31/22 1/13/2021
Category Operating Expenses:
water Com Ed $11,000.00 Dues for past 6 years:
water Well operator $20,500.00 If on community well:
water Well/water maintenance $1,870.00 2020 $850
water IEPA water sample testing $1,300.00 2019 $786
water Well repair/upgrade $3,000.00 2018 $733
water Water line repair $8,000.00 2017 $767
water Insurance-property/machinery $1,925.00 2016 $875
general Supplies/postage/web/misc $500.00 2015 $652
general Printing $200.00
general Legal fees $8,000.00 If on own well:
general Insurance-liability general $430.00 2020 $111
general Insurance-officer/director $425.00 2019 $65
general Insurance-fidelity bond $200.00 2018 $67
general Title Ins & Survey $0.00 2017 $116
general SecState/Recorder $50.00 2016 $92
general Audit of books $0.00 2015 $131
general Room/Equip Rental $0.00
general Misc – general $500.00
beach/pk Miller Park & channel edges $7,600.00
beach/pk Block I Beach $6,525.00
beach/pk Block II Beach $5,475.00
beach/pk Insurance-liability beach/park $1,200.00
TOTAL OPERATING EXPN $78,700.00
Add to Reserves:
beach/pk Shoreline restoration fund $0.00
water Forest Main Replace Fund $83,000.00
TOTAL ADD TO RESERVES $83,000.00
GRAND TOTAL $161,700.00
         Proposed dues:           Total water general beach/park
         If on community well:  $850 $734 $57 $59
         If on own well:               $116 $0 $57 $59