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HOUSEHOLDS IMPACTED <br />New Home Construction Starts 12 <br />Home Preservation Repair Starts 31 <br />International Houses through Tithe 11 <br />TOTAL HOUSEHOLDS IMPACTED 54 <br />REVENUES <br />Donations 1,344,750$ <br />NC Housing Finance Agency 560,000$ <br />HOME & FHLB Funds 222,000$ <br />Other Restricted Grants, Government Funds 194,312$ <br />Homeowner Mortgage Payments 715,000$ <br />ReStore Proceeds 150,000$ <br />Other Miscellaneous Income 359,590$ <br />Subtotal - Operating Revenue 3,545,652$ <br />Capital Projects Revenue 2,500,692$ <br />Capital Campaign Revenue 688,000$ <br />TOTAL SOURCES OF FUNDS 6,734,344$ <br />EXPENSES <br />Salaries 1,122,903$ <br />Benefits 290,650$ <br />Office Rent 83,167$ <br />Tithe to Habitat for Humanity International 60,000$ <br />Home Preservation 171,500$ <br />Other Program 209,374$ <br />Other Administrative 156,088$ <br />Other Fundraising 79,050$ <br />Construction and Rehab Costs 1,154,000$ <br />Other Cash Outflows 185,898$ <br />Subtotal - Operating Expenses 3,512,630$ <br />Capital Projects Expenses 3,702,000$ <br />Capital Campaign Expenses 124,500$ <br />TOTAL USES OF FUNDS 7,339,130$ <br />NET SOURCES/(USES) OF FUNDS (604,786)$ <br />Our FY21 budget includes significantly higher capital expenses than in <br />prior years due to increased capital spending as we develop the <br />infrastructure for Weavers Grove, our future community in Chapel Hill of <br />236 homes. Our budget shows a negative cash impact at this time. This <br />budget is conservative and does not include several potential sources of <br />funding that we are actively pursuing. We have also established multiple <br />short-term financing options with favorable rates for use if needed. We <br />currently maintain a cash balance of 4-5 months of operating expenses. <br />Habitat for Humanity of Orange County <br />FY21 Budget <br />DocuSign Envelope ID: 674071D6-B48A-4209-80A1-FCDFB6EDB134