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
45,780.65
44,600.00
1,180.65
102.6%
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
970.97
750.00
220.97
129.5%
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
39.02
50.00
-10.98
78.0%
50.00
TOTAL INCOME  
$ 49,778.01 49,750.00 28.01 100.1  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
211.15
200.00
11.15
105.6%
200.00
    COMPOST & SHREDDING
1,177.80
1,600.00
-422.20
73.6%
1,600.00
    INSURANCE
0.00
2,300.00
-2,300.00
-
2,300.00
    MISC. GARDEN SUPPLIES
811.93
1,200.00
-388.07
67.7%
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
2,363.66
2,300.00
63.66
102.8%
2,300.00
    SECURITY
292.31
450.00
-157.69
65.0%
450.00
    TREE MAINTENANCE
2,400.00
4,000.00
-1,600.00
60.0%
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
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  
$ 15,257.71 52,750.00 -37,492.29 28.9  
RESALE INCOME
    KEY SALES
202.00
150.00
52.00
134.7%
150.00
    LUMBER SALES
917.00
750.00
167.00
122.3%
750.00
    T-SHIRT SALES
376.00
750.00
-374.00
50.1%
750.00
TOTAL RESALE INCOME  
$ 1,495.00 1,650.00 -155.00 90.6  
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)
-727.84 0.00 -727.84    
NET OPERATING INCOME / (EXPENSE)
34,520.30 -3,000.00 31,520.30    
2022 ANNUAL SURPLUS / (DEFICIT)
33,792.46 -3,000.00 30,792.46    
 
 
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: 2022-03-19