+1 410 641 7717
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 / Controller
410-641-7717 Ext. 3012
[email protected]
Geraldine Tate
Accounts Payable
410-641-7717 EXT. 3005
[email protected]
Mark Swift
Accounting Manager
410-641-7717 Ext. 3011
mswift@oceanpines.org
Ocean Pines Association
239 Ocean Parkway
Ocean Pines, MD 21811
Office Hours
Monday – Friday 8 a.m. to 4:25 p.m.
Monthly Financials Reports
Audited Reports
| Document Name | Description |
|---|---|
| FY23 Audited Financial Statements |
Financial Statements: Together with Independent Auditors' Report for the Years Ended April 30, 2023 and 2022 |
| FY22 Audited Financial Statements |
Financial Statements: Together with Independent Auditors' Report for the Years Ended April 30, 2022 and 2021 |
| FY21 Audited Financial Statements |
Financial Statements: Together with Independent Auditors' Report for the Years Ended April 30, 2021 and 2020 |
| 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 |
Reserves
| Document Name | Description |
|---|---|
| General Replacement Reserve Worksheet | Projected replacement reserves through fiscal 2027 |
| DMA Reserve Study | General Reserves Final Report |
| General Reserves Executive Summary | |
| Bulkheads Final Report | |
| Bulkheads Executive Summary | |
| Roads and Bridges Final Report | |
| Roads and Bridges Executive Summary |
Budget Documents
Fiscal 2023-2024
Fiscal 2022-2023
Fiscal 2021-2022
| Document Name | Description |
|---|---|
| Approved Budget for FY 2021-2022 | Approved Budget for the Fiscal Year 2021-2022 |
Fiscal 2020-2021
| Document Name | Description |
|---|---|
| Approved Budget for FY 2020-2021 |
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 |
