2020 Budget Vote: Difference between revisions
From Pumping Station One
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! Account !! Monthly !! Annual !! Annual Total !! Description | ! Account !! Monthly !! Annual !! Annual Total !! Description | ||
|- | |- | ||
|Bank Charges / Fees || -$75.00 || -$ | |Bank Charges / Fees || -$75.00 || -$7,627.02 || -$8,527 || | ||
|- | |- | ||
|Rent || $0.00 || -$ | |Rent || $0.00 || -$97,398.02 || -$97,398.02 || | ||
|- | |- | ||
|Utilities || $0.00 || -$32, | |Utilities || $0.00 || -$32,950.00 || -$32,950.00 || | ||
|- | |- | ||
|Insurance || $0.00 || -$6,559.00 || -$6,559.00 || | |Insurance || $0.00 || -$6,559.00 || -$6,559.00 || | ||
|- | |- | ||
|Professional Services || $0.00 ||-$ | |Professional Services || $0.00 ||-$11,824.00 || -$11,824.00|| | ||
|- | |- | ||
|Savings Requirement || $0.00 || -$ | |Savings Requirement || $0.00 || -$133,000 || -$133,000 || 10mo of operational expenses. See 1. | ||
|- | |- | ||
|Total || -$75.00 ||-$ | |Total || -$75.00 ||-$289,358.04 ||-$290,258.02 || | ||
|} | |} | ||
# The savings requirement is an emergency fund that puts a minimum amount of funds aside to cover 9 months of operational expenses of Bank Charges/Fees, Rent, Utilities. It includes 12mo of insurance. The value is rounded up to the nearest $1000. | # 1. The savings requirement is an emergency fund that puts a minimum amount of funds aside to cover 9 months of operational expenses of Bank Charges/Fees, Rent, Utilities. It includes 12mo of insurance. The value is rounded up to the nearest $1000. | ||
=== Additional Notes === | === Additional Notes === | ||
