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The following is a summary of the financial activities of the North Buckhead Civic Association for the year. In 2001 the Civic Association operated with gross income of $32,888.07 and gross expenses of $33,760.13 leaving a net expenditure of $872.06. At the end of year we had $23,424.39 on deposit.
On the income side $12,275 was collected in membership dues, $5,310 was contributed to the Legal Fund, and the Christmas Tree sale generated a net income of $3,812.
On the expense side Legal expenses amounted to $11,109, mainly for our winning efforts to defend against high-density development encroaching on our neighborhood in the TAP vs. COA Georgia Supreme Court case and on the 2nd Kusmiersky Condo Tower issue.
In addition, a net amount of $4,208 was spent for the quarterly newsletter, $1,776 for the NBCA street sign markers, and $2,550 for the Spring Fling and Annual Meeting expenses.
Thanks to all who contributed this past year to help fund our efforts to promote, enhance and defend our neighborhood.
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Category Income Expense Net
Membership $12,275 ($1,603) $10,673
Xmas Tree Sale
11,613 (7,801) 3,812
Interest
476 476
T-Shirt
94 94
Web Site
300 (299) 1
Legal Fund
5,310 (11,109) (5,799)
Newsletter
2,820 (7,028) (4,208)
Spring Fling
(2,160) (2,160)
Street Signs
(1,776) (1,776)
Fees and Expenses (971) (971)
Sarah Smith PTA
(500) (500)
Land Use Committee (430) (430)
Annual Meeting
(390) (390)
Traffic Committee (192) (192)
Total
$32,888 ($33,760) ($872)
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