NBHA 2010-2011 BUDGET
SOURCE OF FUNDS	EXPLANATION	AMOUNT
Assessment Revenue	10 mills/square foot of lot size	124,445
Marina Revenue	Slip rental fees	73,000
Swimming Pool Revenue	Swim team, party rental fees	3,708
Miscellaneous Income	Real estate transactions, back dues, late fees	12,000
Interest Income	Money Market investment	180
Total Revenue		$213,333
USE OF FUNDS	EXPLANATION	AMOUNT
Management Office	Salary, payroll taxes, supplies, rent, insurance, legal fees	65,768
	phone, fax, taxes, financial audit
Marina Expenses	Salary, payroll taxes, utilities,	65,860
	disposal service,insurance,property
	taxes, electrical & dock repairs,
	office/bathroom repairs, bad debts
Swimming Pool Expenses	Maintenance contract, guards,	44,703
	utilities, insurance, property taxes, repairs
Future Capital Improvement	Major upgrades to pool, marina, block wall.	37,002
Total Expenses		$213,333