Financial Update

David Cantrell DWNA Treasurer said...
Hello neighbors, I would like to share with you the financial status of the neighborhood association. As you can see below we are short on money to get us through the end of the year. If you have not paid your dues for this year we would appreciate you doing so soon. All the money collected goes directly back to the neighborhood to support the front entrance and the streetlights that help keep our neighborhood safe. I plan to post quarterly reports to share with everyone.

Dorsett Woods Neighborhood Association
2009 YTD Financial Statement
As of 8/10/09
Beginning Balance $939.77
Income:
Member dues: $4975.00
(53 members full paid to date (3 are Swann Rd and 2 reg - ½ pmts))
(121 occupied homes in the subdivision)

Total income: $5914.77

Expenses:
Alabama Power $2918.03
BHM Water Works $96.88
Misc (Stamps)(est) $111.70
Grass cutting $555.50
Truegreen $108.00
Brown Mechanical $175.00
Total Expenses: $3955.11

Current Account Balance: $1959.66
Remaining Estimated Yearly Expenses for 2009:

Alabama Power $2080.80
BHM Water Works $69.20
US Post Office (PO Box) $46.40
Grass Cutting $390.00
Landscaping treatments $108.00
Misc Expenses $100.00
$2794.40
We currently have an estimated year-end deficit of $839.74.

Lights and water will be turned off after Nov. 23rd if no new membership dues are paid.