KAHLER GLEN ATHLETIC CLUB

ENJOY, RELAX, EXERCISE, SWIM, HAVE FUN!

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Mariarchi Event Summary

 

   

          
Major capital expenditures, loan payoffs and major repairs since 2007 Summer

 

Approx.

Date

 

Major expenses:  italicized items are onetime expense. The debt reduction is listed separately.

Invoice cost

Private Debt

$155K

Expense subtotal

Running total  w/out private reduction

Onetime capital

expense

Summary

 

 

Aug 2007

Access Card system

$5264

 

 

 

$5264

 

 

Fall 08

Correct backflush system & repair pump vents

$3843

 

 

 

$3843

 

 

Fall 08

Practice Golf net & golf balls

$302

 

 

 

 

 

 

Fall 08

Completed initial  IRS documentation

$3476

 

 

 

$3476

 

 

Subtotal

 

 

$12,885

$12,885

 

 

 

 

 

 

 

 

 

 

 

Sum 09

Exhaust fan  for Chemical Room

$651

 

 

 

$651

 

 

Fall 09

Promotional expenses Mailing and web ad

$500

 

 

 

 

 

 

Nov 2009

Paid off part of  private debt

$35K

$120K

 

 

 

 

 

Dec 2009

New Exercise Equipment

$3234

 

 

 

$3234

 

 

Winter 09

Interior brick tile work & painting in pool area

$814

 

 

 

 

 

 

Jan 10

Purchase and install e-bulbs

$225

 

 

 

 

 

 

Winter 10

Mirror for Weight Lifters

$1251

 

 

 

$1251

 

 

Spring 10

 

Reconfigure the Pool Room lights

(LED lights, timers and installation)

$1989

 

 

 

$1989

 

 

Spring 10

Gutter repair & heat tape

$1080

 

 

 

 

 

 

Spring 10

Duct work for Mechanical Room

$4972

 

 

 

$4972

 

 

Spring 10

Install venting for entry soffits 

$1739

 

 

 

$1739

 

 

Spring 10

New pool room furniture

$748

 

 

 

 

 

 

Subtotal

(subtotal with debt reduction $51,527)

 

 

$17,203

$30,088

 

 

 

 

 

 

 

 

 

 

Sum10

Reconfigure duct work Sport Court room

$3271

 

 

 

$3271

 

 

Sum 10

Paid off part of our private debt

$20K

$100K

 

 

 

 

 

Fall 10

Acu-Trol probe parts and training

$1425

 

 

 

 

 

 

Winter 10

Replace in-pool lights

$4343

 

 

 

 

 

 

Fall 10

Vent duct work for electrical room

$1119

 

 

 

$1119

 

 

10-11

Painting& Weather stripping doors & install

$3260

 

 

 

$3260

 

 

Jan 11

Reconfigure Pool Room Heating system

$3051

 

 

 

$3051

 

 

Feb 11

Acu-Trol flow meter & pump motor overhaul

$1057

 

 

 

 

 

 

Subtotal

(subtotal with debt reduction $37,526)

 

 

$17,526

$47,614

 

 

 

 

 

 

 

 

 

 

Total

including debt reduction since fall 09

 

 

 

$102,614

 

 

 

        Total

of one time expenditures

 

 

 

 

$37,120

 

 

        Total

of one time expenditures & debt reduction 

 

 

 

 

$92,120

 

 

 

 

April 2008 April 2011   Fall 2011

Sum 2013

Sum 2014

Impact of private debt reduction to budget: Debt service expenditure

$10,800

$5,750  (Loan comes due $40K June 21,2011)

TBD

……               ( Loan comes due $15K)

…..                ( Loan comes due $45K)

 

 

 

 

 

 

 

 

Aug 2008   May 2011 Aug 2013

Mortgage balance with Cashmere Valley Bank

$521,464

$499,000

$484,036 and it is up for renegotiation