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
- Water Committee Update
- New Business
- Safety and Security - Member Committee Report
- 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