Board Meeting Agenda
May 15th, 2021
9:30
OVF
BOARD MEETING AGENDA- 5/15/21
A: Move & second to accept unread the minutes of the March 20 and April 11, 2021 meetings
B: Vice President’s Report
Nina Rumley has resigned as Board President, effective May 14, 2021.
C: Officers’ Reports
-Gardenmaster
-Treasurer
-Membership Secretary
-Education Secretary
-IP Monitor
-Phase Reps
Old Business:
General Meeting - Select a date certain
New Business:
Motion: Defer vote to fill the vacancy in the position of Board President until the next regularly scheduled Board meeting.
Ocean View Farms 2021 Budget
| Category / Description | 2021 YTD | 2021 Budget | Over (Under) | FY % YTD | 2020 Budget |
INCOME |
|||||
FEES |
|||||
MEMBERSHIP FEE
|
45,256.00
|
44,600.00
|
656.00
|
101.5%
|
44,600.00
|
ASSOCIATE FEE
|
1,590.00
|
1,250.00
|
340.00
|
127.2%
|
1,200.00
|
OTHER INCOME |
|||||
RECYCLE
|
772.02
|
1,000.00
|
-227.98
|
77.2%
|
1,600.00
|
DONATION RECEIVED
|
240.08
|
750.00
|
-509.92
|
32.0%
|
750.00
|
GREENHOUSE SALES
|
1,895.52
|
2,100.00
|
-204.48
|
90.3%
|
2,000.00
|
CARRYOVER
|
0.00
|
3,000.00
|
-3,000.00
|
-
|
3,000.00
|
INTEREST INCOME |
|||||
INTEREST EARNED
|
206.65
|
50.00
|
156.65
|
413.3%
|
50.00
|
TOTAL INCOME |
$ 49,960.27 | 52,750.00 | -2,789.73 | 94.7 | |
EXPENSE |
|||||
SITE MANAGEMENT |
|||||
BEAUTIFICATION
|
0.00
|
200.00
|
-200.00
|
-
|
200.00
|
CARPENTRY
|
0.00
|
200.00
|
-200.00
|
-
|
200.00
|
COMPOST & SHREDDING
|
937.53
|
1,600.00
|
-662.47
|
58.6%
|
1,500.00
|
INSURANCE
|
0.00
|
2,300.00
|
-2,300.00
|
-
|
2,300.00
|
MISC. GARDEN SUPPLIES
|
754.05
|
1,200.00
|
-445.95
|
62.8%
|
1,200.00
|
ORCHARD
|
0.00
|
200.00
|
-200.00
|
-
|
450.00
|
PEST MANAGEMENT
|
978.43
|
1,050.00
|
-71.57
|
93.2%
|
1,050.00
|
PLUMBING
|
908.54
|
1,500.00
|
-591.46
|
60.6%
|
900.00
|
PORTABLE
|
2,298.81
|
2,300.00
|
-1.19
|
99.9%
|
2,300.00
|
SECURITY
|
335.07
|
450.00
|
-114.93
|
74.5%
|
450.00
|
TREE MAINTENANCE
|
3,200.00
|
4,000.00
|
-800.00
|
80.0%
|
3,500.00
|
GREENHOUSE SUPPLIES
|
379.60
|
700.00
|
-320.40
|
54.2%
|
700.00
|
ADMINISTRATION |
|||||
CHAIR & BOARD
|
256.41
|
800.00
|
-543.59
|
32.1%
|
800.00
|
MEMBERSHIP
|
1,242.32
|
1,100.00
|
142.32
|
112.9%
|
1,100.00
|
EDUCATION & NEWSLETTER
|
0.00
|
250.00
|
-250.00
|
-
|
850.00
|
POTLUCK & WORKDAY
|
256.69
|
300.00
|
-43.31
|
85.6%
|
800.00
|
DONATED FUNDS
|
0.00
|
0.00
|
-
|
-
|
0.00
|
UTILITIES |
|||||
D W P - POWER
|
314.19
|
900.00
|
-585.81
|
34.9%
|
1,200.00
|
D W P - WATER
|
8,622.29
|
32,500.00
|
-23,877.71
|
26.5%
|
32,500.00
|
TELEPHONE
|
418.69
|
1,200.00
|
-781.31
|
34.9%
|
1,200.00
|
TOTAL EXPENSE |
$ 20,902.62 | 52,750.00 | -31,847.38 | 39.6 | |
RESALE INCOME |
|||||
KEY SALES
|
102.00
|
150.00
|
-48.00
|
68.0%
|
150.00
|
LUMBER SALES
|
770.00
|
750.00
|
20.00
|
102.7%
|
750.00
|
T-SHIRT SALES
|
520.00
|
750.00
|
-230.00
|
69.3%
|
750.00
|
TOTAL RESALE INCOME |
$ 1,392.00 | 1,650.00 | -258.00 | 84.4 | |
RESALE EXPENSE |
|||||
KEYS FOR RESALE
|
146.89
|
150.00
|
3.11
|
97.9%
|
150.00
|
LUMBER FOR RESALE
|
950.95
|
750.00
|
-200.95
|
126.8%
|
750.00
|
T-SHIRTS PURCHASES
|
0.00
|
750.00
|
750.00
|
-
|
750.00
|
TOTAL RESALE EXPENSE |
1,097.84 | 1,650.00 | -552.16 | 66.5% | |
NET RESALE INCOME / (EXPENSE) |
294.16 | 0.00 | 294.16 | ||
NET OPERATING INCOME / (EXPENSE) |
29,057.65 | 0.00 | 29,057.65 | ||
2021 ANNUAL SURPLUS / (DEFICIT) |
29,351.81 | 0.00 | 29,351.81 | ||
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: 2021-05-15