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
45,868.65
44,600.00
1,268.65
102.8%
44,600.00
    ASSOCIATE FEE
1,470.00
1,250.00
220.00
117.6%
1,250.00
OTHER INCOME
    RECYCLE
628.37
1,000.00
-371.63
62.8%
1,000.00
    DONATION RECEIVED
957.58
750.00
207.58
127.7%
750.00
    GREENHOUSE SALES
889.00
2,100.00
-1,211.00
42.3%
2,100.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
38.62
50.00
-11.38
77.2%
50.00
TOTAL INCOME  
$ 49,852.22 49,750.00 102.22 100.2  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
185.60
200.00
-14.40
92.8%
200.00
    COMPOST & SHREDDING
1,077.80
1,600.00
-522.20
67.4%
1,600.00
    INSURANCE
0.00
2,300.00
-2,300.00
-
2,300.00
    MISC. GARDEN SUPPLIES
801.93
1,200.00
-398.07
66.8%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
200.00
    PEST MANAGEMENT
1,028.44
1,050.00
-21.56
97.9%
1,050.00
    PLUMBING
1,223.24
1,500.00
-276.76
81.5%
1,500.00
    PORTABLE
0.00
2,300.00
-2,300.00
-
2,300.00
    SECURITY
192.17
450.00
-257.83
42.7%
450.00
    TREE MAINTENANCE
0.00
4,000.00
-4,000.00
-
4,000.00
    GREENHOUSE SUPPLIES
459.81
700.00
-240.19
65.7%
700.00
ADMINISTRATION
    CHAIR & BOARD
0.00
800.00
-800.00
-
800.00
    MEMBERSHIP
1,514.22
1,100.00
414.22
137.7%
1,100.00
    EDUCATION & NEWSLETTER
39.93
250.00
-210.07
16.0%
250.00
    POTLUCK & WORKDAY
270.70
300.00
-29.30
90.2%
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  
$ 7,822.20 52,750.00 -44,927.80 14.8  
RESALE INCOME
    KEY SALES
202.00
150.00
52.00
134.7%
150.00
    LUMBER SALES
692.00
750.00
-58.00
92.3%
750.00
    T-SHIRT SALES
376.00
750.00
-374.00
50.1%
750.00
TOTAL RESALE INCOME  
$ 1,270.00 1,650.00 -380.00 77.0  
RESALE EXPENSE
    KEYS FOR RESALE
194.02
150.00
-44.02
129.3%
150.00
    LUMBER FOR RESALE
2,028.82
750.00
-1,278.82
270.5%
750.00
    T-SHIRTS PURCHASES
0.00
750.00
750.00
-
750.00
TOTAL RESALE EXPENSE
2,222.84 1,650.00 572.84 134.7%  
 
NET RESALE INCOME / (EXPENSE)
-952.84 0.00 -952.84    
NET OPERATING INCOME / (EXPENSE)
42,030.02 -3,000.00 39,030.02    
2022 ANNUAL SURPLUS / (DEFICIT)
41,077.18 -3,000.00 38,077.18    
 
 
B of A Checking
10,639.12  
B of A Savings
40,017.53  
First Internet Bank - CD1
11,243.70  
First Internet Bank - CD2
8,166.16  
First Internet Bank - CD3
8,179.33  
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
10,639.12  
B of A Savings
40,017.53  
First Internet Bank - CD1
11,243.70  
First Internet Bank - CD2
8,166.16  
First Internet Bank - CD3
8,179.33  
Budget as of: 2021-12-31