General Meeting Agenda

December 10th, 2022
12:30 PM
OVF Meeting Area

A. Request for move & 2nd to accept unread the minutes of October 

B. Thanks to Pot Luck coordinator ( ) and Work Day Supervisor ( ) and Crew

C. Announcements (10 minutes)

D. New Business
 

E. Old Business

F. Public Comments (2 minutes per speaker)

G. Next Board Meeting: January

H. Next general Meeting: February

I. OVF T-shirts 

J. Request for motion and second to adjourn

Ocean View Farms 2022 Budget

Category / Description 2022 YTD 2022 Budget Over (Under) FY % YTD 2021 Budget
INCOME
FEES
    MEMBERSHIP FEE
45,846.65
44,600.00
1,246.65
102.8%
44,600.00
    ASSOCIATE FEE
1,480.00
1,250.00
230.00
118.4%
1,250.00
OTHER INCOME
    RECYCLE
1,192.20
1,000.00
192.20
119.2%
1,000.00
    DONATION RECEIVED
1,038.35
750.00
288.35
138.4%
750.00
    GREENHOUSE SALES
3,392.00
2,100.00
1,292.00
161.5%
2,100.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
369.57
50.00
319.57
739.1%
50.00
TOTAL INCOME  
 $ 53,318.77 49,750.00 3,568.77 107.2  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
529.06
200.00
329.06
264.5%
200.00
    COMPOST & SHREDDING
1,479.76
1,600.00
-120.24
92.5%
1,600.00
    INSURANCE
2,260.00
2,300.00
-40.00
98.3%
2,300.00
    MISC. GARDEN SUPPLIES
1,176.62
1,200.00
-23.38
98.1%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
200.00
    PEST MANAGEMENT
2,051.06
1,050.00
1,001.06
195.3%
1,050.00
    PLUMBING
1,738.85
1,500.00
238.85
115.9%
1,500.00
    PORTABLE
2,363.66
2,300.00
63.66
102.8%
2,300.00
    SECURITY
1,702.10
450.00
1,252.10
378.2%
450.00
    TREE MAINTENANCE
5,175.00
4,000.00
1,175.00
129.4%
4,000.00
    GREENHOUSE SUPPLIES
1,148.86
700.00
448.86
164.1%
700.00
ADMINISTRATION
    CHAIR & BOARD
1,229.22
800.00
429.22
153.7%
800.00
    MEMBERSHIP
1,517.50
1,100.00
417.50
138.0%
1,100.00
    EDUCATION & NEWSLETTER
77.77
250.00
-172.23
31.1%
250.00
    POTLUCK & WORKDAY
306.17
300.00
6.17
102.1%
300.00
    DONATED FUNDS
114.71
0.00
114.71
-
0.00
UTILITIES
    D W P - POWER
933.39
900.00
33.39
103.7%
900.00
    D W P - WATER
31,729.58
32,500.00
-770.42
97.6%
32,500.00
    TELEPHONE
1,118.41
1,200.00
-81.59
93.2%
1,200.00
TOTAL EXPENSE  
 $ 56,651.72 52,750.00 3,901.72 107.4  
RESALE INCOME
    KEY SALES
270.00
150.00
120.00
180.0%
150.00
    LUMBER SALES
1,107.00
750.00
357.00
147.6%
750.00
    T-SHIRT SALES
376.00
750.00
-374.00
50.1%
750.00
TOTAL RESALE INCOME  
 $ 1,753.00 1,650.00 103.00 106.2  
RESALE EXPENSE
    KEYS FOR RESALE
239.32
150.00
-89.32
159.5%
150.00
    LUMBER FOR RESALE
2,028.82
750.00
-1,278.82
270.5%
750.00
    T-SHIRTS PURCHASES
1,277.04
750.00
-527.04
170.3%
750.00
TOTAL RESALE EXPENSE
 3,545.18 1,650.00 1,895.18 214.9%  
 
NET RESALE INCOME / (EXPENSE)
 -1,792.18 0.00 -1,792.18    
NET OPERATING INCOME / (EXPENSE)
 -3,332.95 -3,000.00 -6,332.95    
2022 ANNUAL SURPLUS / (DEFICIT)
 -5,125.13 -3,000.00 -8,125.13    
 
 
B of A Checking
 39,970.43  
B of A Savings
 40,018.20  
First Internet Bank - CD1
 11,271.90  
First Internet Bank - CD2
 8,183.92  
First Internet Bank - CD3
 8,190.27  
Budget as of: 2022-12-10

Ocean View Farms PROPOSED 2023 Budget

Category / Description 2023 YTD 2023 Budget Over (Under) FY % YTD 2022 Budget
INCOME
FEES
    MEMBERSHIP FEE
31,484.65
50,000.00
-18,515.35
63.0%
44,600.00
    ASSOCIATE FEE
810.00
1,500.00
-690.00
54.0%
1,250.00
OTHER INCOME
    RECYCLE
563.83
1,000.00
-436.17
56.4%
1,000.00
    DONATION RECEIVED
135.35
1,000.00
-864.65
13.5%
750.00
    GREENHOUSE SALES
1,908.00
2,500.00
-592.00
76.3%
2,100.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
369.57
300.00
69.57
123.2%
50.00
TOTAL INCOME  
 $ 35,271.40 56,300.00 -21,028.60 62.6  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
598.82
250.00
348.82
239.5%
200.00
    COMPOST & SHREDDING
401.96
1,600.00
-1,198.04
25.1%
1,600.00
    INSURANCE
2,260.00
2,300.00
-40.00
98.3%
2,300.00
    MISC. GARDEN SUPPLIES
441.95
1,200.00
-758.05
36.8%
1,200.00
    ORCHARD
0.00
400.00
-400.00
-
200.00
    PEST MANAGEMENT
1,158.63
1,050.00
108.63
110.3%
1,050.00
    PLUMBING
702.90
2,000.00
-1,297.10
35.1%
1,500.00
    PORTABLE
2,363.66
2,500.00
-136.34
94.5%
2,300.00
    SECURITY
1,509.93
450.00
1,059.93
335.5%
450.00
    TREE MAINTENANCE
5,175.00
5,000.00
175.00
103.5%
4,000.00
    GREENHOUSE SUPPLIES
973.28
1,000.00
-26.72
97.3%
700.00
ADMINISTRATION
    CHAIR & BOARD
1,229.22
800.00
429.22
153.7%
800.00
    MEMBERSHIP
2,925.32
1,500.00
1,425.32
195.0%
1,100.00
    EDUCATION & NEWSLETTER
37.84
250.00
-212.16
15.1%
250.00
    POTLUCK & WORKDAY
35.47
300.00
-264.53
11.8%
300.00
    DONATED FUNDS
114.71
0.00
114.71
-
0.00
UTILITIES
    D W P - POWER
933.39
900.00
33.39
103.7%
900.00
    D W P - WATER
31,729.58
35,000.00
-3,270.42
90.7%
32,500.00
    TELEPHONE
1,118.41
1,200.00
-81.59
93.2%
1,200.00
TOTAL EXPENSE  
 $ 53,710.07 57,900.00 -4,189.93 92.8  
RESALE INCOME
    KEY SALES
66.00
500.00
-434.00
13.2%
150.00
    LUMBER SALES
445.00
2,000.00
-1,555.00
22.3%
750.00
    T-SHIRT SALES
75.00
750.00
-675.00
10.0%
750.00
TOTAL RESALE INCOME  
 $ 586.00 3,250.00 -2,664.00 18.0  
RESALE EXPENSE
    KEYS FOR RESALE
79.10
200.00
120.90
39.6%
150.00
    LUMBER FOR RESALE
209.82
2,000.00
1,790.18
10.5%
750.00
    T-SHIRTS PURCHASES
1,277.04
500.00
-777.04
255.4%
750.00
TOTAL RESALE EXPENSE
 1,565.96 2,700.00 -1,134.04 58.0%  
 
NET RESALE INCOME / (EXPENSE)
 -979.96 550.00 -429.96    
NET OPERATING INCOME / (EXPENSE)
 -18,438.67 -1,600.00 -20,038.67    
2023 ANNUAL SURPLUS / (DEFICIT)
 -19,418.63 -1,050.00 -20,468.63    
 
 
B of A Checking
 39,970.43  
B of A Savings
 40,018.20  
First Internet Bank - CD1
 11,271.90  
First Internet Bank - CD2
 8,183.92  
First Internet Bank - CD3
 8,190.27