Big Canoe 2021 Budget

By Jayne Hagan
Director of Finance

The 2021 operating and capital budgets were approved at the November 19 POA Board meeting.  The following are the key features for the operating budget:

  • Food & Beverage loss is $379k compared to $779k in 2019
  • Storage yard fees will increase after improvements are completed
  • Marina slip fees will increase after docks are moved
  • Contractor transponder fees will increase
  • Cart fees increase $1 for 18 April 1
  • Merit – 2% increase
  • Benefits – 23% increase
  • Additional personnel in the Communications/Marketing Department
  • Additional Public Safety firefighter / EMT’s
  • Staff North Gate 24/7
  • Start the Firewise program around POA buildings
  • Additional plants and shrubs
  • Interior painting
  • Wood floor maintenance at Clubhouse and Wellness Center
  • Increased Window Cleaning
  • Property Owner Activities return mid-2021 (hopefully based on COVID restrictions)
  • Property Insurance – 12% increase
  • Garbage facility – adding transponder gate access and an additional compactor
  • All this without an assessment increase
  • Net income of $4.1M to cover loan and capital replacement budge

The following chart shows where your assessments are budgeted including depreciation:


Highlights of the 2021 $3.6M Capital Budget are:

  • Twice the normal amount of paving, since no paving was completed in 2020
  • Swim dock replacement
  • New bocce court construction
  • Disharoon silt removal & pipe replacement
  • Walking mowers
  • Road shoulder refurbishment
  • Tennis Courts #1-4 Clay replacement
  • Replace several vehicles
  • Cart path underpass engineering for Cherokee #4 and #5
  • Security cameras

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