Budget

Overlee’s By-Laws charge the Board of Directors with managing the Association’s finances and preparing Operating and Capital budgets for approval by Members at Annual General Member meeting in February.

The Finance Committee prepares the budget and explains the annual finances in the February newsletter sent to all members and at the February Membership Meeting.  The Treasurer chairs the committee and is comprised of Business Manager, President, and Strategic Planning, Facilities, Operations Chairs and other committee chairs as needed.  Budget planning begins in September for the following year, if you have suggestions or would like to help with budget planning or projects, contact the [email protected].

The Operating Budget sets Fees for membership plans, guests, facility rentals, and operating revenue from programs & activities.  The Capital Budget outlines annual minor construction and major maintenance projects.

Budget related fees can be found on the following pages:

Overlee Community Association, Inc. is a tax exempt 501(c)7 organization. (Overlee must pay taxes on some income and cannot accept tax-deductible gifts)  Finances are reviewed annually by an outside accounting firm and can be reviewed upon request by contacting [email protected].  Members or companies doing business with Overlee can contact our Business Manager with questions at [email protected].

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