Board Meeting Agenda

March 19th, 2022
9:30
OVF

BOARD MEETING AGENDA – March 19, 2022

  • Motion to accept unread the minutes of the January 8, 2021 Board Meeting
  • President’s Report (Donn)
  • Officers’ Reports
    • Gardenmaster (Ed)
    • Treasurer (Carol)
    • Membership Secretary (Mary)
    • Education Secretary (Andy)
    • IP Monitor (Tanya)
    • Phase Reps
      • I Upper (Andrew)
      • I Middle (Karen)
      • I Lower (Les)
      • II Upper (Marie)
      • II Lower (Janet)
      • III Upper (Ron)
      • III Lower (Wendy)
      • IV Upper (Steven)
      • IV Lower (Angie)
  • Old Business
    • Water Committee Update
    • Safety and Security
  • New Business
    • Bike Racks (Donn)
    • Bookkeeping Software (Carol)
    • Security Patrol
    • Election Procedures (Donn)
       
  • Open Discussion

Ocean View Farms 2022 Budget

Category / Description 2022 YTD 2022 Budget Over (Under) FY % YTD 2021 Budget
INCOME
FEES
    MEMBERSHIP FEE
45,078.65
44,600.00
478.65
101.1%
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
630.97
750.00
-119.03
84.1%
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
39.02
50.00
-10.98
78.0%
50.00
TOTAL INCOME  
$ 47,542.39 52,750.00 -5,207.61 90.1  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
25.55
200.00
-174.45
12.8%
200.00
    COMPOST & SHREDDING
690.39
1,600.00
-909.61
43.1%
1,600.00
    INSURANCE
0.00
2,300.00
-2,300.00
-
2,300.00
    MISC. GARDEN SUPPLIES
455.41
1,200.00
-744.59
38.0%
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
2,363.66
2,300.00
63.66
102.8%
2,300.00
    SECURITY
136.37
450.00
-313.63
30.3%
450.00
    TREE MAINTENANCE
2,400.00
4,000.00
-1,600.00
60.0%
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
155.74
900.00
-744.26
17.3%
900.00
    D W P - WATER
2,984.29
32,500.00
-29,515.71
9.2%
32,500.00
    TELEPHONE
209.78
1,200.00
-990.22
17.5%
1,200.00
TOTAL EXPENSE  
$ 12,759.18 52,750.00 -39,990.82 24.2  
RESALE INCOME
    KEY SALES
114.00
150.00
-36.00
76.0%
150.00
    LUMBER SALES
667.00
750.00
-83.00
88.9%
750.00
    T-SHIRT SALES
356.00
750.00
-394.00
47.5%
750.00
TOTAL RESALE INCOME  
$ 1,137.00 1,650.00 -513.00 68.9  
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)
-264.77 0.00 -264.77    
NET OPERATING INCOME / (EXPENSE)
34,783.21 0.00 34,783.21    
2022 ANNUAL SURPLUS / (DEFICIT)
34,518.44 0.00 34,518.44    
 
 
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: 2022-03-19