Board Meeting Agenda

July 20th, 2024
9:30
OVF

A.  Welcome   Acknowledgement  Thanks    5 min

B.  Roll call     Attendance     5 min

C.  Request for motion to approve minutes from April 2024

D.  Announcements    Reminders     5 min

E.  Garden Master Report               5 min

F.   Membership Secretary Report    5 min

G.  Education Chair Report              5 min

H.  New Business              5 min

          Participation Survey / Projects to complete

I.   Old Business

J.   Questions and Comments from attending members          

 

 

          



 

 

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
1,200.00
2,500.00
-1,300.00
48.0%
2,500.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
59.66
300.00
-240.34
19.9%
300.00
TOTAL INCOME  
 $ 55,757.85 63,140.00 -7,382.15 88.3  
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
1,066.87
1,200.00
-133.13
88.9%
1,600.00
    INSURANCE
0.00
2,650.00
-2,650.00
-
2,300.00
    EQUIPMENT
3,317.00
0.00
3,317.00
-
0.00
    MISC. GARDEN SUPPLIES
971.11
1,200.00
-228.89
80.9%
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
1,012.70
1,500.00
-487.30
67.5%
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
479.18
1,000.00
-520.82
47.9%
1,000.00
ADMINISTRATION
    CHAIR & BOARD
835.46
800.00
35.46
104.4%
800.00
    MEMBERSHIP
1,236.42
1,600.00
-363.58
77.3%
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
281.23
0.00
281.23
-
0.00
    DONATED FUNDS
0.00
0.00
-
-
0.00
    PROFESSIONAL SERVICES
687.68
1,500.00
-812.32
45.8%
0.00
    WEBSITE MODERNIZATION
0.00
6,000.00
-6,000.00
-
0.00
    CREDIT CARD PROCESS FEES
14.59
0.00
14.59
-
0.00
UTILITIES
    D W P - POWER
474.58
950.00
-475.42
50.0%
900.00
    D W P - WATER
8,106.36
32,000.00
-23,893.64
25.3%
35,000.00
    TELEPHONE
647.29
1,200.00
-552.71
53.9%
1,200.00
TOTAL EXPENSE  
 $ 23,720.43 65,700.00 -41,979.57 36.1  
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
990.00
2,000.00
-1,010.00
49.5%
2,000.00
    T-SHIRT SALES
920.00
750.00
170.00
122.7%
750.00
TOTAL RESALE INCOME  
 $ 2,041.44 3,250.00 -1,208.56 62.8  
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
1,362.12
500.00
-862.12
272.4%
500.00
TOTAL RESALE EXPENSE
 950.77 2,700.00 -1,749.23 35.2%  
 
NET RESALE INCOME / (EXPENSE)
 1,090.67 550.00 1,640.67    
NET OPERATING INCOME / (EXPENSE)
 32,037.42 -2,560.00 29,477.42    
2024 ANNUAL SURPLUS / (DEFICIT)
 33,128.09 -2,010.00 31,118.09    
 
 
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: 2024-07-20