General Meeting Agenda
October 12th, 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
|
51,038.00
|
56,465.00
|
-5,427.00
|
90.4%
|
50,000.00
|
ASSOCIATE FEE
|
2,660.00
|
1,875.00
|
785.00
|
141.9%
|
1,500.00
|
OTHER INCOME |
|||||
RECYCLE
|
1,023.71
|
1,000.00
|
23.71
|
102.4%
|
1,000.00
|
DONATION RECEIVED
|
2,362.00
|
1,000.00
|
1,362.00
|
236.2%
|
1,000.00
|
GREENHOUSE SALES
|
2,529.00
|
2,500.00
|
29.00
|
101.2%
|
2,500.00
|
CARRYOVER
|
0.00
|
0.00
|
-
|
-
|
0.00
|
INTEREST INCOME |
|||||
INTEREST EARNED
|
60.73
|
300.00
|
-239.27
|
20.2%
|
300.00
|
TOTAL INCOME |
$ 59,673.44 | 63,140.00 | -3,466.56 | 94.5 | |
EXPENSE |
|||||
SITE MANAGEMENT |
|||||
BEAUTIFICATION
|
535.92
|
200.00
|
335.92
|
268.0%
|
200.00
|
CARPENTRY
|
199.80
|
400.00
|
-200.20
|
50.0%
|
250.00
|
COMPOST & SHREDDING
|
1,518.83
|
1,200.00
|
318.83
|
126.6%
|
1,600.00
|
INSURANCE
|
2,567.00
|
2,650.00
|
-83.00
|
96.9%
|
2,300.00
|
EQUIPMENT
|
3,317.00
|
0.00
|
3,317.00
|
-
|
0.00
|
MISC. GARDEN SUPPLIES
|
1,416.17
|
1,200.00
|
216.17
|
118.0%
|
1,200.00
|
ORCHARD
|
249.90
|
400.00
|
-150.10
|
62.5%
|
400.00
|
PEST MANAGEMENT
|
293.97
|
1,100.00
|
-806.03
|
26.7%
|
1,050.00
|
PLUMBING
|
1,295.06
|
1,500.00
|
-204.94
|
86.3%
|
2,000.00
|
PORTABLE
|
0.00
|
3,000.00
|
-3,000.00
|
-
|
2,500.00
|
SECURITY
|
396.06
|
450.00
|
-53.94
|
88.0%
|
450.00
|
TREE & LANDSCAPE MAINT
|
3,775.00
|
8,000.00
|
-4,225.00
|
47.2%
|
5,000.00
|
GREENHOUSE SUPPLIES
|
703.69
|
1,000.00
|
-296.31
|
70.4%
|
1,000.00
|
ADMINISTRATION |
|||||
CHAIR & BOARD
|
700.46
|
800.00
|
-99.54
|
87.6%
|
800.00
|
MEMBERSHIP
|
1,247.58
|
1,600.00
|
-352.42
|
78.0%
|
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
|
294.98
|
0.00
|
294.98
|
-
|
0.00
|
DONATED FUNDS
|
0.00
|
0.00
|
-
|
-
|
0.00
|
PROFESSIONAL SERVICES
|
168.15
|
1,500.00
|
-1,331.85
|
11.2%
|
0.00
|
WEBSITE MAINTENANCE
|
234.00
|
6,000.00
|
-5,766.00
|
3.9%
|
0.00
|
CREDIT CARD PROCESS FEES
|
14.59
|
0.00
|
14.59
|
-
|
0.00
|
UTILITIES |
|||||
D W P - POWER
|
725.51
|
950.00
|
-224.49
|
76.4%
|
900.00
|
D W P - WATER
|
21,851.08
|
32,000.00
|
-10,148.92
|
68.3%
|
35,000.00
|
TELEPHONE
|
1,004.50
|
1,200.00
|
-195.50
|
83.7%
|
1,200.00
|
TOTAL EXPENSE |
$ 42,561.80 | 65,700.00 | -23,138.20 | 64.8 | |
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
|
162.44
|
500.00
|
-337.56
|
32.5%
|
500.00
|
LUMBER SALES
|
1,468.00
|
2,000.00
|
-532.00
|
73.4%
|
2,000.00
|
T-SHIRT SALES
|
1,641.00
|
750.00
|
891.00
|
218.8%
|
750.00
|
TOTAL RESALE INCOME |
$ 3,271.44 | 3,250.00 | 21.44 | 100.7 | |
RESALE EXPENSE |
|||||
KEYS FOR RESALE
|
226.45
|
200.00
|
-26.45
|
113.2%
|
200.00
|
LUMBER FOR RESALE
|
1,210.86
|
2,000.00
|
789.14
|
60.5%
|
2,000.00
|
T-SHIRTS PURCHASES
|
1,362.12
|
500.00
|
-862.12
|
272.4%
|
500.00
|
TOTAL RESALE EXPENSE |
75.19 | 2,700.00 | -2,624.81 | 2.8% | |
NET RESALE INCOME / (EXPENSE) |
3,196.25 | 550.00 | 3,746.25 | ||
NET OPERATING INCOME / (EXPENSE) |
17,111.64 | -2,560.00 | 14,551.64 | ||
2024 ANNUAL SURPLUS / (DEFICIT) |
20,307.89 | -2,010.00 | 18,297.89 | ||
B of A Checking |
70,273.74 | ||||
B of A Savings |
39,753.44 | ||||
First Internet Bank - CD1 |
11,484.99 | ||||
First Internet Bank - CD2 |
8,317.82 | ||||
First Internet Bank - CD3 |
8,272.50 | ||||
Budget as of: 2024-10-12