INCOME & EXPENSES 2006
| ENDING BALANCE A/O 12-31-2005 | $79,633 |
| 2006 INCOME | |
|---|---|
| DEPOSITS (MARINE MONUMENT) TRANSFER TO SAVINGS/ENDOWMENT FUND NET BALANCE |
$40,422 $75,000 $44,405 |
| OPERATING EXPENSES | |
| MONUMENT MAINTENANCE | $1,686 |
| PARK SEMPER FI LANDSCAPING | $2,403 |
| GENERAL SUPPLIES | $1,851 |
| OFFICE SUPPLIES & MAILINGS | $753 |
| EVENTS @ MONUMENT | $857 |
| CHAMBER & ASSOC. DUES | $588 |
| ADVERTISING BROCHURES | $530 |
| PHONE | $231 |
| TELEPHONE | $231 |
| BANK/CREDIT CARD FEES | $685 |
| CONTRIBUTIONS TO MARINE ASSOC. | $725 |
| MISC | $459 |
| TOTAL OPERATING EXPENSES/FEES | $10,930 |
| CAPITAL CONSTRUCTION/PLAQUES | $26,530 |
| TOTAL OPERATING EXPENSES & CONSTRUCTION | $37,461 |
| ENDING BANK BALANCE A/O 12-31-2006 | $6,944 |
|
Note: No Consulting or Payroll Expenses in 2006 In our fund raising efforts, we apparently underestimated the level of quality that our San Clemente residents wanted for the Marine Monument at Park Semper Fi. As a result the level of contributions has been very supportive and the message that we are receiving from community is that Park Semper Fi and the Monument is a centerpiece of the Pier Bowl area and of the highest quality. We are now establishing an endowment fund to maintain Park Sempr Fi and the Monument. We welcome all contributions. | |