This May divers from Lycott, Inc., will conduct a detailed survey of the lake, looking for milfoil. Depending on what they find, we will develop an appropriate response. The budget below includes an assumption, that there will be milfoil present, and that we will spend $25,000 on eliminating it. We hope that the situation will be much better, and plan for it being worse.
Even so we need a plan, however rough. This budget is presented as a work-in-progress. It shows our expected expenses and known income sources. The difference is how much we need to raise in other donations to have a balanced budget. We will update it when we have additional information.
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|2011 Draft Budgets 4/13/11|
|2-3 greeters, 10hrs/day, total of 70 hours per|
|week for 17 weeks (5/21-9/18)|
|VT UC = Ave. $4,760/greeter x 3 x .084||1,199.52|
|Fed Form 940 unemployment||300.00|
|Workers Comp Ins||1,116.00|
|Total Employee costs||17,987.94|
|Contractual ( Lycott Environmental)|
|Hand pulling and/or bottom barriers||25,000.00|
|Fall survey & report to State of VT||4,000.00|
|Due Lycott for herbicide treatmt 2010||19,700.00|
|Total Contractual ( Lycott Environmental)||52,700.00|
|Accounting ( Rick Barrows)||500.00|
|Bookkeeping (Ridge )||1,000.00||1,500.00|
|Paper, printing ink, etc.||50.00|
|Post Office Box||50.00|
|Annual dinner (net)||200.00||750.00|
|TOTAL EXPENSES 2011||73,517.94|
|Donations||? ? ?|
|Dues $25 x 60||1,500.00|
|Town of Fairlee||5,000.00|
|Town of Theford||5,000.00|
|Town of West Fairlee||2,000.00|
|State of Vermont||0.00|
|INCOME NET OF DONATIONS||13,840.00|
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- All of these numbers are estimates or best guesses.
- We will not receive any income from the State of Vermont this year. See this earlier post for an explanation.
- We owed Lycott $134,700 for the herbicide treatment last year. We paid $100,000 in 2010 and $15,000 earlier this winter. $19,000 represents the balance due.
- We are obligated by the conditions of our State permit to perform another detailed scientific survey in the fall, which is budgeted at $4000.