General Meeting Agenda
December 11th, 2021
12:30 PM
OVF Meeting Area
A. Request for move & 2nd to accept unread the minutes of October 9th, 2021 general meeting
B. Thanks to Pot Luck coordinator ( ) and Work Day Supervisor ( ) and Crew
C. Announcements (10 minutes)
- 2021 Renewals - Date TBD
- OVF Volunteers
- Assistant GM - Steve Ballentine
- Recycles
- Gate closing
D. New Business
- 2021 Plot fees
Plot fee: $88.00 per plot
Associate fee: $10.00
E. Old Business
F. Public Comments (2 minutes per speaker)
G. Next Board Meeting: January 15, 2022
H. Next general Meeting: February 12, 2022
I. OVF T-shirts
J. Request for motion and second to adjourn
Ocean View Farms 2021 Budget
Category / Description | 2021 YTD | 2021 Budget | Over (Under) | FY % YTD | 2020 Budget |
INCOME |
|||||
FEES |
|||||
MEMBERSHIP FEE
|
45,432.60
|
44,600.00
|
832.60
|
101.9%
|
44,600.00
|
ASSOCIATE FEE
|
1,630.00
|
1,250.00
|
380.00
|
130.4%
|
1,200.00
|
OTHER INCOME |
|||||
RECYCLE
|
910.29
|
1,000.00
|
-89.71
|
91.0%
|
1,600.00
|
DONATION RECEIVED
|
577.07
|
750.00
|
-172.93
|
76.9%
|
750.00
|
GREENHOUSE SALES
|
3,778.52
|
2,100.00
|
1,678.52
|
179.9%
|
2,000.00
|
CARRYOVER
|
0.00
|
3,000.00
|
-3,000.00
|
-
|
3,000.00
|
INTEREST INCOME |
|||||
INTEREST EARNED
|
424.81
|
50.00
|
374.81
|
849.6%
|
50.00
|
TOTAL INCOME |
$ 52,753.29 | 52,750.00 | 3.29 | 100.0 | |
EXPENSE |
|||||
SITE MANAGEMENT |
|||||
BEAUTIFICATION
|
0.00
|
200.00
|
-200.00
|
-
|
200.00
|
CARPENTRY
|
213.37
|
200.00
|
13.37
|
106.7%
|
200.00
|
COMPOST & SHREDDING
|
1,423.87
|
1,600.00
|
-176.13
|
89.0%
|
1,500.00
|
INSURANCE
|
2,260.00
|
2,300.00
|
-40.00
|
98.3%
|
2,300.00
|
MISC. GARDEN SUPPLIES
|
1,474.82
|
1,200.00
|
274.82
|
122.9%
|
1,200.00
|
ORCHARD
|
0.00
|
200.00
|
-200.00
|
-
|
450.00
|
PEST MANAGEMENT
|
1,091.05
|
1,050.00
|
41.05
|
103.9%
|
1,050.00
|
PLUMBING
|
1,338.98
|
1,500.00
|
-161.02
|
89.3%
|
900.00
|
PORTABLE
|
2,298.81
|
2,300.00
|
-1.19
|
99.9%
|
2,300.00
|
SECURITY
|
357.64
|
450.00
|
-92.36
|
79.5%
|
450.00
|
TREE MAINTENANCE
|
4,400.00
|
4,000.00
|
400.00
|
110.0%
|
3,500.00
|
GREENHOUSE SUPPLIES
|
817.37
|
700.00
|
117.37
|
116.8%
|
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
|
111.62
|
250.00
|
-138.38
|
44.6%
|
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
|
867.98
|
900.00
|
-32.02
|
96.4%
|
1,200.00
|
D W P - WATER
|
32,257.89
|
32,500.00
|
-242.11
|
99.3%
|
32,500.00
|
TELEPHONE
|
1,124.96
|
1,200.00
|
-75.04
|
93.7%
|
1,200.00
|
TOTAL EXPENSE |
$ 51,793.78 | 52,750.00 | -956.22 | 98.2 | |
RESALE INCOME |
|||||
KEY SALES
|
102.00
|
150.00
|
-48.00
|
68.0%
|
150.00
|
LUMBER SALES
|
968.00
|
750.00
|
218.00
|
129.1%
|
750.00
|
T-SHIRT SALES
|
520.00
|
750.00
|
-230.00
|
69.3%
|
750.00
|
TOTAL RESALE INCOME |
$ 1,590.00 | 1,650.00 | -60.00 | 96.4 | |
RESALE EXPENSE |
|||||
KEYS FOR RESALE
|
157.94
|
150.00
|
-7.94
|
105.3%
|
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 |
1,108.89 | 1,650.00 | -541.11 | 67.2% | |
NET RESALE INCOME / (EXPENSE) |
481.11 | 0.00 | 481.11 | ||
NET OPERATING INCOME / (EXPENSE) |
959.51 | 0.00 | 959.51 | ||
2021 ANNUAL SURPLUS / (DEFICIT) |
1,440.62 | 0.00 | 1,440.62 | ||
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: 2021-12-11
Ocean View Farms PROPOSED 2022 Budget
Category / Description | 2022 YTD | 2022 Budget | Over (Under) | FY % YTD | 2021 Budget |
INCOME |
|||||
FEES |
|||||
MEMBERSHIP FEE
|
45,254.60
|
44,600.00
|
654.60
|
101.5%
|
44,600.00
|
ASSOCIATE FEE
|
1,480.00
|
1,250.00
|
230.00
|
118.4%
|
1,250.00
|
OTHER INCOME |
|||||
RECYCLE
|
681.27
|
1,000.00
|
-318.73
|
68.1%
|
1,000.00
|
DONATION RECEIVED
|
1,278.07
|
750.00
|
528.07
|
170.4%
|
750.00
|
GREENHOUSE SALES
|
2,831.52
|
2,100.00
|
731.52
|
134.8%
|
2,100.00
|
CARRYOVER
|
0.00
|
3,000.00
|
-3,000.00
|
-
|
3,000.00
|
INTEREST INCOME |
|||||
INTEREST EARNED
|
424.81
|
50.00
|
374.81
|
849.6%
|
50.00
|
TOTAL INCOME |
$ 51,950.27 | 52,750.00 | -799.73 | 98.5 | |
EXPENSE |
|||||
SITE MANAGEMENT |
|||||
BEAUTIFICATION
|
0.00
|
200.00
|
-200.00
|
-
|
200.00
|
CARPENTRY
|
213.37
|
200.00
|
13.37
|
106.7%
|
200.00
|
COMPOST & SHREDDING
|
1,364.73
|
1,600.00
|
-235.27
|
85.3%
|
1,600.00
|
INSURANCE
|
2,260.00
|
2,300.00
|
-40.00
|
98.3%
|
2,300.00
|
MISC. GARDEN SUPPLIES
|
1,560.98
|
1,200.00
|
360.98
|
130.1%
|
1,200.00
|
ORCHARD
|
0.00
|
200.00
|
-200.00
|
-
|
200.00
|
PEST MANAGEMENT
|
716.51
|
1,050.00
|
-333.49
|
68.2%
|
1,050.00
|
PLUMBING
|
1,586.58
|
1,500.00
|
86.58
|
105.8%
|
1,500.00
|
PORTABLE
|
2,298.81
|
2,300.00
|
-1.19
|
99.9%
|
2,300.00
|
SECURITY
|
58.80
|
450.00
|
-391.20
|
13.1%
|
450.00
|
TREE MAINTENANCE
|
4,400.00
|
4,000.00
|
400.00
|
110.0%
|
4,000.00
|
GREENHOUSE SUPPLIES
|
437.77
|
700.00
|
-262.23
|
62.5%
|
700.00
|
ADMINISTRATION |
|||||
CHAIR & BOARD
|
30.00
|
800.00
|
-770.00
|
3.8%
|
800.00
|
MEMBERSHIP
|
1,584.07
|
1,100.00
|
484.07
|
144.0%
|
1,100.00
|
EDUCATION & NEWSLETTER
|
111.62
|
250.00
|
-138.38
|
44.6%
|
250.00
|
POTLUCK & WORKDAY
|
177.79
|
300.00
|
-122.21
|
59.3%
|
300.00
|
DONATED FUNDS
|
0.00
|
0.00
|
-
|
-
|
0.00
|
UTILITIES |
|||||
D W P - POWER
|
867.98
|
900.00
|
-32.02
|
96.4%
|
900.00
|
D W P - WATER
|
32,257.89
|
32,500.00
|
-242.11
|
99.3%
|
32,500.00
|
TELEPHONE
|
1,124.96
|
1,200.00
|
-75.04
|
93.7%
|
1,200.00
|
TOTAL EXPENSE |
$ 51,051.86 | 52,750.00 | -1,698.14 | 96.8 | |
RESALE INCOME |
|||||
KEY SALES
|
117.00
|
150.00
|
-33.00
|
78.0%
|
150.00
|
LUMBER SALES
|
690.00
|
750.00
|
-60.00
|
92.0%
|
750.00
|
T-SHIRT SALES
|
356.00
|
750.00
|
-394.00
|
47.5%
|
750.00
|
TOTAL RESALE INCOME |
$ 1,163.00 | 1,650.00 | -487.00 | 70.5 | |
RESALE EXPENSE |
|||||
KEYS FOR RESALE
|
169.96
|
150.00
|
-19.96
|
113.3%
|
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 |
1,829.93 | 1,650.00 | 179.93 | 110.9% | |
NET RESALE INCOME / (EXPENSE) |
-666.93 | 0.00 | -666.93 | ||
NET OPERATING INCOME / (EXPENSE) |
898.41 | 0.00 | 898.41 | ||
2022 ANNUAL SURPLUS / (DEFICIT) |
231.48 | 0.00 | 231.48 | ||
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 |