Regular Expenses

From i3Detroit
Revision as of 17:07, 24 June 2012 by Cmounts (Talk | contribs)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Regular, recurring expenses and how they are paid

There are several expenses that are incurred on a regular and recurring basis. The following table describes each one, including a description of how the expense is paid. "Check" means that a physical check is written and delivered to the creditor.

Expense Frequency Amount Mode of Payment
Rent Monthly (confidential) Check, payable to John Hutt, hand-delivered to mailbox of John's landscaping business (next door to i3); John does not send any reminders and there is a significant penalty for late payment!
WOW Internet Monthly $74.50 Check; paper bill is mailed to 1481 Wordsworth
Car Trucking (Dumpster) Quarterly $60.00 Check; paper bill is mailed to 1481 Wordsworth
Consumers Energy (gas) Monthly Varies Paid via Consumers' website (not automatic!); bill is sent electronically to treasurer@i3detroit.com.
DTE Energy (electricity) Monthly Varies Check; paper bill is mailed to 1481 Wordsworth
Wesfield Group (insurance) Monthly $81.91 Automatic debit from checking
John Hutt (water) Quarterly $100-200 Check, payable to John Hutt, hand-delivered to mailbox of John's landscaping business (next door to i3); John Hutt delivers copy of bill to 1481 Wordsworth mailbox