OLCA Estimated funding
Based on the $275.00/ lot annual MRMA dues for fiscal year 2025-26.
1. $275.00 X 2,405 lots @ 100% payments = $661,375.00
Estimated total funds available
( based on 61% of the OLCA members paying their MRMA dues )
@ $275.00 per lot = $403,439.00.
OLCA proposed Budget for fiscal year 2025-26
based on estimated funding of $403,439.00.
1. Road maintenance expenses = $ 181,548.00. @ 45%.
2. Paving maintenance expenses = $ 80,688.00 @20%.
3. Administrative expenses + insurance = $ 100,860.00 @ 25%. (Incl. Corp Insurance
4. Property Lien processing expenses = $40,344.00 @10%.
Total budget for expenses =$403,439.00.
