General Meeting Agenda
April 13th, 2024
1:00
OVF
Ocean View Farms 2024 Budget
| Category / Description | 2024 YTD | 2024 Budget | Over (Under) | FY % YTD | 2023 Budget |
INCOME |
|||||
FEES |
|||||
MEMBERSHIP FEE
|
51,080.00
|
56,465.00
|
-5,385.00
|
90.5%
|
50,000.00
|
ASSOCIATE FEE
|
2,570.00
|
1,875.00
|
695.00
|
137.1%
|
1,500.00
|
OTHER INCOME |
|||||
RECYCLE
|
686.19
|
1,000.00
|
-313.81
|
68.6%
|
1,000.00
|
DONATION RECEIVED
|
162.00
|
1,000.00
|
-838.00
|
16.2%
|
1,000.00
|
GREENHOUSE SALES
|
1,122.00
|
2,500.00
|
-1,378.00
|
44.9%
|
2,500.00
|
CARRYOVER
|
0.00
|
0.00
|
-
|
-
|
0.00
|
INTEREST INCOME |
|||||
INTEREST EARNED
|
58.27
|
300.00
|
-241.73
|
19.4%
|
300.00
|
TOTAL INCOME |
$ 55,678.46 | 63,140.00 | -7,461.54 | 88.2 | |
EXPENSE |
|||||
SITE MANAGEMENT |
|||||
BEAUTIFICATION
|
50.92
|
200.00
|
-149.08
|
25.5%
|
200.00
|
CARPENTRY
|
83.09
|
400.00
|
-316.91
|
20.8%
|
250.00
|
COMPOST & SHREDDING
|
578.06
|
1,200.00
|
-621.94
|
48.2%
|
1,600.00
|
INSURANCE
|
0.00
|
2,650.00
|
-2,650.00
|
-
|
2,300.00
|
EQUIPMENT
|
0.00
|
0.00
|
-
|
-
|
0.00
|
MISC. GARDEN SUPPLIES
|
422.71
|
1,200.00
|
-777.29
|
35.2%
|
1,200.00
|
ORCHARD
|
249.90
|
400.00
|
-150.10
|
62.5%
|
400.00
|
PEST MANAGEMENT
|
155.53
|
1,100.00
|
-944.47
|
14.1%
|
1,050.00
|
PLUMBING
|
175.12
|
1,500.00
|
-1,324.88
|
11.7%
|
2,000.00
|
PORTABLE
|
0.00
|
3,000.00
|
-3,000.00
|
-
|
2,500.00
|
SECURITY
|
222.97
|
450.00
|
-227.03
|
49.5%
|
450.00
|
TREE MAINTENANCE
|
3,775.00
|
8,000.00
|
-4,225.00
|
47.2%
|
5,000.00
|
GREENHOUSE SUPPLIES
|
382.08
|
1,000.00
|
-617.92
|
38.2%
|
1,000.00
|
ADMINISTRATION |
|||||
CHAIR & BOARD
|
810.46
|
800.00
|
10.46
|
101.3%
|
800.00
|
MEMBERSHIP
|
1,145.15
|
1,600.00
|
-454.85
|
71.6%
|
1,500.00
|
EDUCATION & NEWSLETTER
|
0.00
|
250.00
|
-250.00
|
-
|
250.00
|
POTLUCK & WORKDAY
|
52.55
|
300.00
|
-247.45
|
17.5%
|
300.00
|
OFFICE SUPPLIES
|
186.46
|
0.00
|
186.46
|
-
|
0.00
|
DONATED FUNDS
|
0.00
|
0.00
|
-
|
-
|
0.00
|
PROFESSIONAL SERVICES
|
0.00
|
1,500.00
|
-1,500.00
|
-
|
0.00
|
WEBSITE MODERNIZATION
|
0.00
|
6,000.00
|
-6,000.00
|
-
|
0.00
|
CREDIT CARD PROCESS FEES
|
0.00
|
0.00
|
-
|
-
|
0.00
|
UTILITIES |
|||||
D W P - POWER
|
233.07
|
950.00
|
-716.93
|
24.5%
|
900.00
|
D W P - WATER
|
1,887.68
|
32,000.00
|
-30,112.32
|
5.9%
|
35,000.00
|
TELEPHONE
|
421.43
|
1,200.00
|
-778.57
|
35.1%
|
1,200.00
|
TOTAL EXPENSE |
$ 10,481.94 | 65,700.00 | -55,218.06 | 16.0 | |
DIRECTED GIVING |
|||||
INCOME
|
0.00
|
25,000.00
|
-25,000.00
|
-
|
0.00
|
EXPENSE
|
0.00
|
-25,000.00
|
25,000.00
|
-
|
0.00
|
TOTAL DIRECTED GIVING |
$ 0.00 | 0.00 | 0.00 | - | |
RESALE INCOME |
|||||
KEY SALES
|
131.44
|
500.00
|
-368.56
|
26.3%
|
500.00
|
LUMBER SALES
|
828.00
|
2,000.00
|
-1,172.00
|
41.4%
|
2,000.00
|
T-SHIRT SALES
|
497.00
|
750.00
|
-253.00
|
66.3%
|
750.00
|
TOTAL RESALE INCOME |
$ 1,456.44 | 3,250.00 | -1,793.56 | 44.8 | |
RESALE EXPENSE |
|||||
KEYS FOR RESALE
|
121.86
|
200.00
|
78.14
|
60.9%
|
200.00
|
LUMBER FOR RESALE
|
289.49
|
2,000.00
|
1,710.51
|
14.5%
|
2,000.00
|
T-SHIRTS PURCHASES
|
0.00
|
500.00
|
500.00
|
-
|
500.00
|
TOTAL RESALE EXPENSE |
411.35 | 2,700.00 | -2,288.65 | 15.2% | |
NET RESALE INCOME / (EXPENSE) |
1,045.09 | 550.00 | 1,595.09 | ||
NET OPERATING INCOME / (EXPENSE) |
45,196.52 | -2,560.00 | 42,636.52 | ||
2024 ANNUAL SURPLUS / (DEFICIT) |
46,241.61 | -2,010.00 | 44,231.61 | ||
B of A Checking |
32,566.07 | ||||
B of A Savings |
39,873.21 | ||||
First Internet Bank - CD1 |
11,484.99 | ||||
First Internet Bank - CD2 |
8,317.82 | ||||
First Internet Bank - CD3 |
8,272.50 | ||||
Budget as of: 2024-04-13