Board Meeting Agenda

July 16th, 2022
9:30
OVF

BOARD MEETING AGENDA – July 16, 2022

  • Motion to accept unread the minutes of the June 21, 2022 Board Meeting
     
  • President’s Report (Donn)
     
  • Officers’ Reports
    • Gardenmaster (Ed)
    • Treasurer (Carol)
    • Membership Secretary (Mary)
    • Education Chair (Nina)
    • IP Monitor (Tanya)
    • Phase Reps
      • I Upper (Andrew)
      • I Middle (Karen)
      • I Lower (Les)
      • II Upper (Marie)
      • II Lower (Janet)
      • III Upper (Ron)
      • III Lower (Wendy)
      • IV Upper (Steven)
      • IV Lower (Angie)
         
  • Old Business
    • Water Committee Update
       
  • New Business
    • Safety and Security - Member Committee Report
       
  • Open Discussion

Ocean View Farms 2022 Budget

Category / Description 2022 YTD 2022 Budget Over (Under) FY % YTD 2021 Budget
INCOME
FEES
    MEMBERSHIP FEE
45,078.65
44,600.00
478.65
101.1%
44,600.00
    ASSOCIATE FEE
1,420.00
1,250.00
170.00
113.6%
1,250.00
OTHER INCOME
    RECYCLE
625.54
1,000.00
-374.46
62.6%
1,000.00
    DONATION RECEIVED
938.48
750.00
188.48
125.1%
750.00
    GREENHOUSE SALES
1,777.00
2,100.00
-323.00
84.6%
2,100.00
    CARRYOVER
0.00
3,000.00
-3,000.00
-
3,000.00
INTEREST INCOME
    INTEREST EARNED
165.42
50.00
115.42
330.8%
50.00
TOTAL INCOME  
$ 50,005.09 52,750.00 -2,744.91 94.8  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
25.55
200.00
-174.45
12.8%
200.00
    COMPOST & SHREDDING
978.39
1,600.00
-621.61
61.1%
1,600.00
    INSURANCE
0.00
2,300.00
-2,300.00
-
2,300.00
    MISC. GARDEN SUPPLIES
715.36
1,200.00
-484.64
59.6%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
200.00
    PEST MANAGEMENT
1,366.90
1,050.00
316.90
130.2%
1,050.00
    PLUMBING
930.66
1,500.00
-569.34
62.0%
1,500.00
    PORTABLE
2,363.66
2,300.00
63.66
102.8%
2,300.00
    SECURITY
307.93
450.00
-142.07
68.4%
450.00
    TREE MAINTENANCE
5,175.00
4,000.00
1,175.00
129.4%
4,000.00
    GREENHOUSE SUPPLIES
682.83
700.00
-17.17
97.5%
700.00
ADMINISTRATION
    CHAIR & BOARD
261.59
800.00
-538.41
32.7%
800.00
    MEMBERSHIP
1,497.59
1,100.00
397.59
136.1%
1,100.00
    EDUCATION & NEWSLETTER
37.84
250.00
-212.16
15.1%
250.00
    POTLUCK & WORKDAY
177.79
300.00
-122.21
59.3%
300.00
    DONATED FUNDS
114.71
0.00
114.71
-
0.00
UTILITIES
    D W P - POWER
492.59
900.00
-407.41
54.7%
900.00
    D W P - WATER
14,906.85
32,500.00
-17,593.15
45.9%
32,500.00
    TELEPHONE
612.26
1,200.00
-587.74
51.0%
1,200.00
TOTAL EXPENSE  
$ 30,647.50 52,750.00 -22,102.50 58.1  
RESALE INCOME
    KEY SALES
117.00
150.00
-33.00
78.0%
150.00
    LUMBER SALES
807.00
750.00
57.00
107.6%
750.00
    T-SHIRT SALES
356.00
750.00
-394.00
47.5%
750.00
TOTAL RESALE INCOME  
$ 1,280.00 1,650.00 -370.00 77.6  
RESALE EXPENSE
    KEYS FOR RESALE
132.65
150.00
17.35
88.4%
150.00
    LUMBER FOR RESALE
1,659.97
750.00
-909.97
221.3%
750.00
    T-SHIRTS PURCHASES
0.00
750.00
750.00
-
750.00
TOTAL RESALE EXPENSE
1,792.62 1,650.00 142.62 108.6%  
 
NET RESALE INCOME / (EXPENSE)
-512.62 0.00 -512.62    
NET OPERATING INCOME / (EXPENSE)
19,357.59 0.00 19,357.59    
2022 ANNUAL SURPLUS / (DEFICIT)
18,844.97 0.00 18,844.97    
 
 
B of A Checking
31,019.76  
B of A Savings
40,014.53  
First Internet Bank - CD1
11,173.27  
First Internet Bank - CD2
8,151.96  
First Internet Bank - CD3
8,121.79  
Budget as of: 2022-07-16