General Meeting Agenda

February 12th, 2022
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

  1. 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 2022 Budget

Category / Description 2022 YTD 2022 Budget Over (Under) FY % YTD 2021 Budget
INCOME
FEES
    MEMBERSHIP FEE
45,166.65
44,600.00
566.65
101.3%
44,600.00
    ASSOCIATE FEE
1,330.00
1,250.00
80.00
106.4%
1,250.00
OTHER INCOME
    RECYCLE
463.75
1,000.00
-536.25
46.4%
1,000.00
    DONATION RECEIVED
617.58
750.00
-132.42
82.3%
750.00
    GREENHOUSE SALES
0.00
2,100.00
-2,100.00
-
2,100.00
    CARRYOVER
0.00
3,000.00
-3,000.00
-
3,000.00
INTEREST INCOME
    INTEREST EARNED
38.62
50.00
-11.38
77.2%
50.00
TOTAL INCOME  
$ 47,616.60 52,750.00 -5,133.40 90.3  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
0.00
200.00
-200.00
-
200.00
    COMPOST & SHREDDING
590.39
1,600.00
-1,009.61
36.9%
1,600.00
    INSURANCE
0.00
2,300.00
-2,300.00
-
2,300.00
    MISC. GARDEN SUPPLIES
445.41
1,200.00
-754.59
37.1%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
200.00
    PEST MANAGEMENT
676.94
1,050.00
-373.06
64.5%
1,050.00
    PLUMBING
633.92
1,500.00
-866.08
42.3%
1,500.00
    PORTABLE
0.00
2,300.00
-2,300.00
-
2,300.00
    SECURITY
36.23
450.00
-413.77
8.1%
450.00
    TREE MAINTENANCE
0.00
4,000.00
-4,000.00
-
4,000.00
    GREENHOUSE SUPPLIES
284.23
700.00
-415.77
40.6%
700.00
ADMINISTRATION
    CHAIR & BOARD
0.00
800.00
-800.00
-
800.00
    MEMBERSHIP
1,497.59
1,100.00
397.59
136.1%
1,100.00
    EDUCATION & NEWSLETTER
0.00
250.00
-250.00
-
250.00
    POTLUCK & WORKDAY
130.60
300.00
-169.40
43.5%
300.00
    DONATED FUNDS
114.71
0.00
114.71
-
0.00
UTILITIES
    D W P - POWER
72.74
900.00
-827.26
8.1%
900.00
    D W P - WATER
741.63
32,500.00
-31,758.37
2.3%
32,500.00
    TELEPHONE
99.28
1,200.00
-1,100.72
8.3%
1,200.00
TOTAL EXPENSE  
$ 5,323.67 52,750.00 -47,426.33 10.1  
RESALE INCOME
    KEY SALES
114.00
150.00
-36.00
76.0%
150.00
    LUMBER SALES
442.00
750.00
-308.00
58.9%
750.00
    T-SHIRT SALES
356.00
750.00
-394.00
47.5%
750.00
TOTAL RESALE INCOME  
$ 912.00 1,650.00 -738.00 55.3  
RESALE EXPENSE
    KEYS FOR RESALE
92.42
150.00
57.58
61.6%
150.00
    LUMBER FOR RESALE
1,309.35
750.00
-559.35
174.6%
750.00
    T-SHIRTS PURCHASES
0.00
750.00
750.00
-
750.00
TOTAL RESALE EXPENSE
1,401.77 1,650.00 -248.23 85.0%  
 
NET RESALE INCOME / (EXPENSE)
-489.77 0.00 -489.77    
NET OPERATING INCOME / (EXPENSE)
42,292.93 0.00 42,292.93    
2022 ANNUAL SURPLUS / (DEFICIT)
41,803.16 0.00 41,803.16    
 
 
B of A Checking
36,498.43  
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: 2022-02-12

Ocean View Farms 2021 Budget

Category / Description 2021 YTD 2021 Budget Over (Under) FY % YTD 2020 Budget
INCOME
FEES
    MEMBERSHIP FEE
45,433.25
44,600.00
833.25
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
579.65
750.00
-170.35
77.3%
750.00
    GREENHOUSE SALES
4,073.52
2,100.00
1,973.52
194.0%
2,000.00
    CARRYOVER
0.00
3,000.00
-3,000.00
-
3,000.00
INTEREST INCOME
    INTEREST EARNED
594.21
50.00
544.21
1,188.4%
50.00
TOTAL INCOME  
$ 53,220.92 52,750.00 470.92 100.9  
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
2,101.39
1,600.00
501.39
131.3%
1,500.00
    INSURANCE
2,260.00
2,300.00
-40.00
98.3%
2,300.00
    MISC. GARDEN SUPPLIES
1,530.10
1,200.00
330.10
127.5%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
450.00
    PEST MANAGEMENT
1,355.73
1,050.00
305.73
129.1%
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
1,101.60
700.00
401.60
157.4%
700.00
ADMINISTRATION
    CHAIR & BOARD
279.38
800.00
-520.62
34.9%
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
114.71
0.00
114.71
-
0.00
UTILITIES
    D W P - POWER
1,010.38
900.00
110.38
112.3%
1,200.00
    D W P - WATER
35,223.93
32,500.00
2,723.93
108.4%
32,500.00
    TELEPHONE
1,326.02
1,200.00
126.02
110.5%
1,200.00
TOTAL EXPENSE  
$ 56,522.67 52,750.00 3,772.67 107.2  
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
764.00
750.00
14.00
101.9%
750.00
TOTAL RESALE INCOME  
$ 1,834.00 1,650.00 184.00 111.2  
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)
725.11 0.00 725.11    
NET OPERATING INCOME / (EXPENSE)
-3,301.75 0.00 -3,301.75    
2021 ANNUAL SURPLUS / (DEFICIT)
-2,576.64 0.00 -2,576.64    
 
 
B of A Checking
36,498.43  
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: 2021-12-31