Finance

About

The fiscal year of the Association shall begin on the first day of May in each year and end on the last day of April in the next calendar year.
 

The Association shall be financed by:

(a) The annual charge established by the Board of Directors under Section 5.14 (of the bylaws) and such other charges or fees authorized by the Charter and the By-laws;
(b) Funds derived from the operation of amenities, including memberships;
(c) Gifts and bequests to the Association, restricted or unrestricted, accepted by the Board of Directors;
(d) Public or private grants to the Association, restricted or unrestricted; and
(e) Federal, State, or Worcester County funds available to the Association.

Contact Information

Steve Phillips
Director of Finance and Operational Logistics
410-641-7717 Ext. 3012
sphillips@oceanpines.org

Geraldine Tate
Accounts Payable
410-641-7717 EXT. 3005
gtate@oceanpines.org

Julia Johnson
Accounting Manager
410-641-7717 Ext. 3011
jjohnson@oceanpines.org

Kathy Stryjewski
Payroll/Human Resources Coordinator
410-641-7717 Ext. 3007
kstryjewski@oceanpines.org

Ocean Pines Association
239 Ocean Parkway
Ocean Pines, MD 21811

Office Hours
Monday – Friday 8 a.m. to 5 p.m.

Monthly Financials Reports

Audited Reports

Document Name Description
FY20 Audited Financial Statements Financial Statements: Together with Independent Auditors' Report
for the Years Ended April 30, 2020 and 2019
FY19 Audited Financial Statements

Financial Statements: Together with Independent Auditors' Report
for the Years Ended April 30, 2019 and 2018

Budget Documents

Fiscal 2020-2021

Document Name Description
Approved Budget for FY 2020-21

Approved Budget for the Fiscal Year 2020-2021

Fiscal 2019-2020

Document Name Description
OPA Budget Summary

2019-2020 Budget

Administration

2019-2020 Budget

General Manager

2019-2020 Budget

Finance & Membership

2019-2020 Budget

PR & Marketing

2019-2020 Budget

Bulkheads

2019-2020 Budget

Compliance, Permits and Inspections

2019-2020 Budget

Fire / EMS

2019-2020 Budget

Police Department

2019-2020 Budget

Public Works

2019-2020 Budget

General Maintenance

2019-2020 Budget

Aquatics

2019-2020 Budget

Recreation and Parks

2019-2020 Budget

Racquet Sports- Tennis

2019-2020 Budget

Racquet Sports- Platform Tennis

2019-2020 Budget

Racquet Sports- Pickleball

2019-2020 Budget

Golf Club

2019-2020 Budget

Golf Maintenance

2019-2020 Budget

Tern Grille

2019-2020 Budget

Beach Club

2019-2020 Budget

Yacht Club

2019-2020 Budget

Beach Parking

2019-2020 Budget

Marinas

2019-2020 Budget

Reserves

2019-2020 Budget

Capital Summary

2019-2020 Budget

Executive Summary on Recommended Budget FY19-20

The Ocean Pines Association announced on Friday, Jan. 25 the release of the Recommended Budget for fiscal year 2019-2020 (FY19-20) that “will accomplish many things that will be new to the Association’s budget and very good for the long-term health of the Association.”

Attachments for the Executive Summary – Recommended Budget 2019/20

For more details on the Recommended Budget, please see these attachments.

Proposed Budget for FY 2019-2020

The Proposed Budget for the Fiscal Year 2019-2020 accomplishes many things that will be new to the association’s operating budget, however, it does not propose an increase to the annual assessment.

Fiscal 2018-2019

Document Name Description
Department Forecast

2018-19 Budget

Reserve Contributions

2018-2019 Budget

Replacement Reserves

2018-2019 Budget

Operating Funds

2018-2019 Budget

Assessment Rates/Summary

2018-2019 Budget

Assessment History

2018-2019 Budget

Payroll Expenses

2018-2019 Budget

FTE Schedule

2018-2019 Budget

Budget & Finance Committee Proposed Changes

2018-2019 Budget

Roads

2018-2019 Budget

Departmental Summary

2018-2019 Budget

Administration

2018-2019 Budget

General Manager

2018-2019 Budget

Finance & Membership

2018-2019 Budget

PR & Marketing

2018-2019  Budget

Bulkheads

2018-2019  Budget

Compliance, Permits and Inspections

2018-2019  Budget

Fire / EMS

2018-2019  Budget

Police Department

2018-2019  Budget

Public Works

2018-2019  Budget

General Maintenance

2018-2019  Budget

Aquatics

2018-2019  Budget

Recreation and Parks

2018-2019  Budget

Racquet Sports- Tennis

2018-2019  Budget

Racquet Sports- Platform Tennis

2018-2019  Budget

Racquet Sports- Pickleball

2018-2019  Budget

Golf Club

2018-2019  Budget

Golf Maintenance

2018-2019  Budget

Tern Grille

2018-2019  Budget

Beach Club

2018-2019  Budget

Yacht Club

2018-2019  Budget

Beach Parking

2018-2019  Budget

Marinas

2018-2019  Budget

Reserves

2018-2019  Budget

Capital Summary

2018-2019  Budget

Board of Director Changes

2018-2019 Budget – changes proposed by the Board to the Proposed Budget presented at the Public Hearing.

Budget for FY 2018-2019

FY 2018-2019

Fiscal 2017-2018

Document Name Description
Department Forecast

2017-2018 Budget

Reserve Contributions

2017-2018 Budget

Replacement Reserves

2017-2018 Budget

Assessment History

2017-2018  Budget

Payroll Expenses

2017-2018 Budget

FTE Schedule

2017-2018  Budget

Departmental Summary

2017-2018  Budget

Administration

2017-2018 Budget

General Manager

2017-2018 Budget

Membership

2017-2018 Budget

Finance

2017-2018 Budget

PR/Marketing

2017-2018  Budget

Bulkheads

2017-2018  Budget

Compliance, Permits and Inspections

2017-2018  Budget

Fire / EMS

2017-2018  Budget

Public Works

2017-2018  Budget

General Maintenance

2017-2018  Budget

Aquatics

2017-2018  Budget

Recreation and Parks

2017-2018  Budget

Police

2017-2018  Budget

Beach Club Parking

2017-2018  Budget

Golf Club

2017-2018  Budget- includes Golf Operations and Tern Grille

Marinas

2017-2018  Budget

Mumford’s Landing in Ocean Pines

2017-2018  Budget

Beach Club

2017-2018  Budget

Racquet Sports – Platform Tennis

2017-2018  Budget

Racquet Sports – Pickleball

2017-2018  Budget

Racquet Sports – Tennis

2017-2018  Budget

Reserves

2017-2018  Budget

Capital Summary

2017-2018  Budget

Board of Director Changes

2017-2018  Budget – changes made by the Board to the Proposed Budget presented at the Public Hearing.

Budget for FY 2017-2018

FY 2017-2018

Fiscal 2016-2017

Document Name Description
Board of Director Changes

2016-2017  Budget – changes made by the Board to the Proposed Budget presented at the Public Hearing.

Department Forecast

2016-2017  Budget

Reserve Contributions

2016-2017 Budget

Replacement Reserves

2016-2017  Budget

Assessment History

2016-2017  Budget

Payroll Expenses

2016-2017  Budget

FTE Schedule

2016-2017  Budget

Departmental Summary

2016-2017  Budget

Administration

2016-2017 Budget

General Manager

2016-2017  Budget

Membership

2016-2017  Budget

Finance

2016-2017  Budget

PR/Marketing

2016-2017  Budget

Bulkheads

2016-2017  Budget

Compliance, Permits and Inspections

2016-2017  Budget

Fire / EMS

2016-2017  Budget

Public Works

2016-2017  Budget

General Maintenance

2016-2017  Budget

Aquatics

2016-2017  Budget

Recreation and Parks

2016-2017  Budget

Police

2016-2017  Budget

Beach Club Parking

2016-2017  Budget

Golf and Country Club

2016-2017  Budget- includes Golf Operations and Terns Grille

Marinas

2016-2017  Budget

Yacht Club

2016-2017  Budget

Beach Club

2016-2017  Budget

Racquet Sports – Platform Tennis

2016-2017  Budget

Racquet Sports – Pickleball

2016-2017  Budget

Racquet Sports – Tennis

2016-2017  Budget

Reserves

2016-2017  Budget

Capital Summary

2016-2017  Budget

Fiscal 2015-2016

Document Name Description
Platform

2015-2016 Approved Budget

Pickleball

2015-2016 Approved Budget

Department Summary

2015-2016 Approved Budget

Budget Summary

2015-2016 Approved Budget

Administration

2015-2016 Approved Budget

Department Forecasts

2015-2016 Approved Budget

General Manager

2015-2016 Approved Budget

FTE Schedule

2015-2016 Approved Budget

Assessment History

2015-2016 Approved Budget

Membership Rates

2015-2016 Approved Budget

Membership

2015-2016 Approved Budget

Finance

2015-2016 Approved Budget

Compliance- Permits

2015-2016 Approved Budget

PR / Marketing

2015-2016 Approved Budget

Membership Sales

2015-2016 Approved Budget

Public Works

2015-2016 Approved Budget

General Maintenance

2015-2016 Approved Budget

Police

2015-2016 Approved Budget

Fire – Ambulance

2015-2016 Approved Budget

Bulkheads

2015-2016 Approved Budget

Tennis

2015-2016 Approved Budget

Aquatics

2015-2016 Approved Budget

Recreation and Parks

2015-2016 Approved Budget

Beach Club

2015-2016 Approved Budget

Golf Summary

2015-2016 Approved Budget

Parking

2015-2016 Approved Budget

Marinas

2015-2016 Approved Budget

Replacement Reserves Schedule

2015-2016 Approved Budget

Reserve Contributions

2015-2016 Approved Budget

Reserves Worksheet

2015-2016 Approved Budget

Yacht Club

2015-2016 Approved Budget

Capital Summary

2015-2016 Approved Budget

Fiscal 2014-2015

Document Name Description
Aquatics

2014-2015 Approved Budget

Yacht Club

2014-2015 Approved Budget

Reserves

2014-2015 Approved Budget

Reserve Contributions

2014-2015 Approved Budget

Replacement Reserves

2014-2015 Approved Budget

Racquet Sports

2014-2015 Approved Budget

Recreation and Parks

2014-2015 Approved Budget

Public Works

2014-2015 Approved Budget

Police Department

2014-2015 Approved Budget

Memberships

2014-2015 Approved Budget

Member Sales

2014-2015 Approved Budget

Marketing / Public Relations

2014-2015 Approved Budget

Member Rates

2014-2015 Approved Budget

Marinas

2014-2015 Approved Budget

Golf Operations

2014-2015 Approved Budget

General Manager

2014-2015 Approved Budget

FTE Schedule

2014-2015 Approved Budget

Fire Department

2014-2015 Approved Budget

Finance

2014-2015 Approved Budget

Department Summary

2014-2015 Approved Budget

Department Forecast

2014-2015 Approved Budget

C.P.I.

2014-2015 Approved Budget

Capital Summary

2014-2015 Approved Budget

Bulkheads

2014-2015 Approved Budget

Building Maintenance

2014-2015 Approved Budget

Budget Summary

2014-2015 Approved Budget

Beach Club Parking

2014-2015 Approved Budget

Beach Club

2014-2015 Approved Budget

Assessment History

2014-2015 Approved Budget

Administration

2014-2015 Approved Budget

Fiscal 2013-2014

Document Name Description
Capital Summary

2013-2014 Budget

Budget Summary

2013-2014 Budget

Reserves

2013-2014 Budget

Reserve Contributions

2013-2014 Budget

Replacement Reserves

2013-2014 Budget

Beach Club Parking

2013-2014 Budget

Golf Operations

2013-2014 Budget

Beach Club

2013-2014 Budget

Yacht Club

2013-2014 Budget

Aquatics

2013-2014 Budget

Tennis

2013-2014 Budget

Marinas

2013-2014 Budget

Fire Dept.

2013-2014 Budget

Police Dept.

2013-2014 Budget

Recreation and Parks

2013-2014 Budget

Building Maintenance

2013-2014 Budget

Public Works

2013-2014 Budget

Bulkheads

2013-2014 Budget

Marketing / Public Relations

2013-2014 Budget

C.P.I.

2013-2014 Budget

Finance

2013-2014 Budget

Memberships

2013-2014 Budget

Member Rates

2013-2014 Budget

Member Sales

2013-2014 Budget

Administration

2013-2014 Budget

Assessment History

2013-2014 Budget

FTE Schedule

2013-2014 Budget

General Manager

2013-2014 Budget

Dept. Summary

2013-2014 Budget

Dept. Forecast

2013-2014 Budget