GAŖEZERA ZIŅAS - Garezers

udžeta pārskats budget overviewSOURCES OF CASH Actual 2012 Budget 2013(unaudited)Starting cash balance Jan. 1 $84,291 $91,000Program fees $374,528 $370,900Donations & fundraising $238,710 $217,500Rentals, sales, miscellaneous $267,897 $216,550Net operating income $881,135 $804,950Donations to restricted funds $75,763 $75,000Sale of shares $38,800* $10,000[* Does NOT include ATBALSIS transaction]Change in current assets & liabilities $26,502 --Subtotal - INCOME $1,106,491 $980,950USES OF CASHPayroll & contracted staff ($394,755) ($405,000)Supplies ($197,948) ($171,700)Uilities, insurance, taxes, communications ($269,532) ($228,250)Net operating expenses ($862,235) $804,950Capital improvements (see list below) ($129,220) ($120,430)Monies invested in endowment ($24,000) 0Ending cash balance Dec. 31 $91,036 $55,570Net change in cash INCREASE/(DECREASE) $6,745 ($35,430)Capital Projects Completed in 2012“Sietiņi” multi-purpose building $76,686 *Atbalsis bathroom remodel $30,401 *Dzintari region electrical upgrade $7,960Dziesmu leja electrical upgrade $5,443Dzintari cabin #4 (ongoing) $4,570 *Electrical upgrade - crafts workshop $2,660 *War memorial landscaping $1,500 *TOTAL $129,220Capital Projects Planned for 2013Dzintari cabin #4 (complete) $60,430WiFi expansion $40,000Bunk beds $20,000 *TOTAL $120,430* partly or entirely funded by capital donations7