Palm Harbor Little League Palm Harbor, FL

Financial Overview

Each year the PHLL board is required to create a budget for the operations of the league.  The budget is created base on previous years participation numbers for registered players and anticipated sponsors who support the league.  In accordance with Section 501(c)(3) of the Federal Internal Revenue Code, PHLL operates exclusively as a non-profit educational organization providing a supervised program of competitive baseball and softball games.

In order to ensure proper funding from year to year and for major repairs/improvements, all funds not spent for the current year are maintained in a reserve fund.

Below is a breakdown of the current year budget allocation.

Major non-routine improvements made this year is as follows:

Purchase of Sunderman field 1 softball fence ($11k)

Purchase of new field bases ($3.5K)

Purchase of new substrate and carpet for the 3 PHLL batting cages at Sunderman complex (To be completed) ($18k approved)

Effective March, 2019 the PHLL Financial Committee recommended a written process to review league financials in support of past review practices.  The 2018-2019 PHLL board approved the written oversight process.  Please click on this link to view the process:  PHLL Finance Review Process

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