2023 Budget Proposal

2023 CTHAI ANNUAL BUDGET PROPOSAL

(Presented at CTHAI Annual Meeting)

22 April 2023 10:00AM

1.) PROPOSED BUDGET FOR 2023:

ITEM BUDGETED

INSURANCE- ----------------- -------- -- $10,700

SNOW PLOWING------------------------ $9.500

LAND LEASE - --------------------------- $5,860

LANDSCAPING ………………………… $1,500

EXTINGUISHER INSPECTION --------- $600

MAINTENANCE ------------------------ $1,200

MISCELLANEOUS ----------------------- $1,500

SOCIAL ------------------------------------- $300

ADMINISTRATION --------------------- $3,500

TAXIWAY REPAIR $2,400

ELECTRICITY $3,000

CONTRIBUTION TO HBAA. $5,000

Budget Total-------------------------- $45,260

- HANGAR ASSESSMENTS, ELECTRIC FEE, CD INTEREST

• Standard T--------------------- $750 (28). $21,000

• Medium------------------------- $875 ( 2 ). $1,750

• Medium-Large----------------- $1000 ( 2 ). $2,000

• Large----------------------------- $1125 ( 2 ). $2,250

ELECTRICAL FEE $3,600

CD ( $50,000) INTEREST. $1,620

Total Hangar Income $32,225

Note: ELECTRICITY ASSESSMENT: Meter Readings taken ONCE annually - $0.25/kwh with a min. charge of $25.00/year per hangar.

**THESE ASSESSMENTS WILL BE DUE ON OR BEFORE MAY/1/2023**

2.) Elect officers

3.) New business (open discussion}

Please email the board with any interest in an officer or director position or any other potential agenda items.