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Although no mortgage exists on the 3-acre lot and 6,000 square foot building, insurance (fire, liability and Directors) accounts for 40% ($10,000) of the annual operating budget. Utilities, office/cleaning supplies, and maintenance of the 30-year old building (painting, electrical and plumbing) account for the remaining expenses. There is no operating budget for staff..
People confuse the Ocean View Community Center with tax-supported public centers run by Hawaii County. In fact, the community center is a PRIVATE facility, owned by the membership of Ocean View Community Association, Inc. (OVCA). As such, the Board of Directors has a fiduciary responsibility to make the best decisions possible to cover the $25,000 annual budget.
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