LBCA BUDGET 2014 -2016
Below is the Long Branch Civic Association 2014-2016 Budget as approved by the LBCA Board on October 20th, 2014.
Some highlights are;
Annual contributions were increased from $30 every two years to $40 every two years.
Advertising revenue is expected primarily from selling advertising in the Directory.
Curb painting is planned for the spring of 2015
Entry way maintenance includes mowing, edging of the Braddock entry way as well as along Long Branch Falls Park on King David. It also includes planting, trimming, mulching, fertilizing, seeding and leaf removal.
Social event funding does not include funding a 2014 Luminary, but does include $800 contingency funding for a 2015 Luminary, It also includes $100 for Egg Hunts each of the two years as well as $100 for National Night Out each of the two years (this was reduced from $400 each year.)
Directory Printing is to be competed; therefore, it is hoped costs will be less than $1000.
Include is $1000 to be reserved for future curb paintings. Historically curbs have been painted about every six years at a cost of near $6000.
An emergency reserve of $1000 per year or $2000 for two years has been established for instances such as the Guinea Road sign destruction or the downed tree the LBCA nearly had to pay to have removed near the Braddock Road entry way. (VDOT was convinced it was a state responsibility.)
If the Unreserved Balance is not spent during the 2014-2016 budget cycle if will be factored into reducing future requested contributions.
Long Branch Civic Association Budget
Two-Year Period October 1, 2014, to September 30, 2016
Beginning Cash Balance 6,435
Total revenue 11,300
Curb painting 6,000
Social events 1,200
Directory printing 1,000
Fees, website, VA 220
Total Expenses 13,220
Net Income (loss) (1,920)
end of period 4,515
Curb painting reserve
from 2014-2016 1,000
from 2012-2016 2,000
Unreserved balance 1,515
1 Unreserved balance includes $435 left over from 2012-2014.
2 Some funds are set aside each year, in order to accumulate
enough to pay for the periodic curb painting.
Last curb painting was the summer of 2010. Cabellero Painting
Curb painting before that was summer of 2005. Bext Services
3 2012 - Unusual expense to repair the entrance sign on Guinea Road.
4 Dues increased from $40 from $30 for the first time - 2014 drive
Dues had not been increased in a decade.