Board Meeting Agenda

May 21st, 2022
9:30
OVF

BOARD MEETING AGENDA – May 21, 2022

  • Motion to accept unread the minutes of the March 19, 2022 Board Meeting
  • President’s Report (Donn)
  • Officers’ Reports
    • Gardenmaster (Ed)
    • Treasurer (Carol)
    • Membership Secretary (Mary)
    • Education Chair (Nina)
    • 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
    • Safety and Security - Security Patrol
      • Presentation by REA Security
    • Chairs
    • Water Committee Update
    • Website Update (Andy Morris)
    • Email Update (Donn, Andy Morris)
       
  • New Business
    • Qualifications for Phase Rep (Member proposal: Bob Gallion)
    • Chickens
       
  • 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
1,140.00
2,100.00
-960.00
54.3%
2,100.00
    CARRYOVER
0.00
3,000.00
-3,000.00
-
3,000.00
INTEREST INCOME
    INTEREST EARNED
165.02
50.00
115.02
330.0%
50.00
TOTAL INCOME  
$ 48,808.39 52,750.00 -3,941.61 92.5  
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
472.82
1,200.00
-727.18
39.4%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
200.00
    PEST MANAGEMENT
1,203.94
1,050.00
153.94
114.7%
1,050.00
    PLUMBING
726.75
1,500.00
-773.25
48.5%
1,500.00
    PORTABLE
2,363.66
2,300.00
63.66
102.8%
2,300.00
    SECURITY
290.05
450.00
-159.95
64.5%
450.00
    TREE MAINTENANCE
2,400.00
4,000.00
-1,600.00
60.0%
4,000.00
    GREENHOUSE SUPPLIES
542.68
700.00
-157.32
77.5%
700.00
ADMINISTRATION
    CHAIR & BOARD
261.59
800.00
-538.41
32.7%
800.00
    MEMBERSHIP
1,497.59
1,100.00
397.59
136.1%
1,100.00
    EDUCATION & NEWSLETTER
37.84
250.00
-212.16
15.1%
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
321.07
900.00
-578.93
35.7%
900.00
    D W P - WATER
8,315.05
32,500.00
-24,184.95
25.6%
32,500.00
    TELEPHONE
411.28
1,200.00
-788.72
34.3%
1,200.00
TOTAL EXPENSE  
$ 19,805.57 52,750.00 -32,944.43 37.5  
RESALE INCOME
    KEY SALES
114.00
150.00
-36.00
76.0%
150.00
    LUMBER SALES
757.00
750.00
7.00
100.9%
750.00
    T-SHIRT SALES
356.00
750.00
-394.00
47.5%
750.00
TOTAL RESALE INCOME  
$ 1,227.00 1,650.00 -423.00 74.4  
RESALE EXPENSE
    KEYS FOR RESALE
132.65
150.00
17.35
88.4%
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
1,442.00 1,650.00 -208.00 87.4%  
 
NET RESALE INCOME / (EXPENSE)
-215.00 0.00 -215.00    
NET OPERATING INCOME / (EXPENSE)
29,002.82 0.00 29,002.82    
2022 ANNUAL SURPLUS / (DEFICIT)
28,787.82 0.00 28,787.82    
 
 
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: 2022-05-21