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SUN CITY TENNIS ASSOCIATION
BUDGET VS ACTUALS
TEN MONTHS ENDED 10-31-08
					BUDGETED
		ACTUAL		BUDGET	MEMBERS
INCOME:
DUES:
222 MEMBERS @ $75.00		$16,650		$17,775	237
4 MEMBERS @ $37.50		$150
5 MEMBERS @ $18.75		$94
13 SOCIAL @ 10		$130
INTEREST INCOME		$1,246		$1,000
FUNFEST-NET INCOME		$1,080		$1,100
TOTAL INCOME		$19,350		$19,875
EXPENDITURES:
SOCIAL EVENTS AND TOURNAMENTS:
SOCIAL EVENT DANCE ON 2-13-08:
EXPENSES $2544 LESS INCOME $1484	(106 MEMBERS)	$1,060
MEMBERSHIP MEETING ON MARCH 12	(96 MEMBERS)	$646
FUN DAY TENNIS ON 4-30-08:
EXPENSES $700 LESS INCOME $295	(59 MEMBERS)	$405
FUN DAY TENNIS ON 11-22-08:
EXPENSES $700 LESS INCOME $295	(59 MEMBERS)	$405	estimate
ANNUAL MEMBERS MEETING 11-15-08		$750	estimate
CASH COLLECTED FOR SOCIAL EVENT COSTS		$(86)
SOCIAL EVENTS AND TOURNAMENTS-SUBTOTAL		$3,180		$2,800
CONTRIBUTIONS		$500		$500
ADMINISTRATION		$237		$1,000
CA EMPLOYEES XMAS FUND		$200		$200
TA SHARE OF COURT MAINTENANCE		$7,000		$7,000
REPAIRS AND MAINTENANCE		$3,199		$1,000
CANOPY REPLACEMENTS-TWO				$3,000
TOTAL EXPENDITURES		$14,316		$15,500
EXCESS INCOME OVER EXPENDITURES		$5,034		$4,375
CASH POSITION AT 10-31-08:
WACHOVIA BANK:
CHECKING ACCOUNT		$3,734
SAVINGS ACCOUNT		$5,005
TWO YEAR TIME DEPOSIT-4.25% TO 5.03%-
MARURES 1-08-09	4.91%	$12,926
TWO YEAR TIME DEPOSIT-4.25% TO 5.03%-
MARURES 11-05-09	4.70%	$23,295
TOTAL CASH IN BANK		$44,960
RESERVED CASH- TA SHARE OF 5 YEAR COURT
RENOVATION PLANNED FOR 2011		$12,500
GENERAL FUNDS		$32,460
TOTAL CASH IN BANK		$44,960