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
45,780.65
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
2,029.00
2,100.00
-71.00
96.6%
2,100.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
165.02
50.00
115.02
330.0%
50.00
TOTAL INCOME  
$ 51,044.01 49,750.00 1,294.01 102.6  
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
829.34
1,200.00
-370.66
69.1%
1,200.00
    ORCHARD
0.00
200.00
-200.00
-
200.00
    PEST MANAGEMENT
1,555.44
1,050.00
505.44
148.1%
1,050.00
    PLUMBING
1,316.07
1,500.00
-183.93
87.7%
1,500.00
    PORTABLE
2,363.66
2,300.00
63.66
102.8%
2,300.00
    SECURITY
445.99
450.00
-4.01
99.1%
450.00
    TREE MAINTENANCE
2,400.00
4,000.00
-1,600.00
60.0%
4,000.00
    GREENHOUSE SUPPLIES
718.26
700.00
18.26
102.6%
700.00
ADMINISTRATION
    CHAIR & BOARD
261.59
800.00
-538.41
32.7%
800.00
    MEMBERSHIP
1,514.22
1,100.00
414.22
137.7%
1,100.00
    EDUCATION & NEWSLETTER
77.77
250.00
-172.23
31.1%
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
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  
$ 22,304.10 52,750.00 -30,445.90 42.3  
RESALE INCOME
    KEY SALES
202.00
150.00
52.00
134.7%
150.00
    LUMBER SALES
1,007.00
750.00
257.00
134.3%
750.00
    T-SHIRT SALES
376.00
750.00
-374.00
50.1%
750.00
TOTAL RESALE INCOME  
$ 1,585.00 1,650.00 -65.00 96.1  
RESALE EXPENSE
    KEYS FOR RESALE
234.25
150.00
-84.25
156.2%
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
2,263.07 1,650.00 613.07 137.2%  
 
NET RESALE INCOME / (EXPENSE)
-678.07 0.00 -678.07    
NET OPERATING INCOME / (EXPENSE)
28,739.91 -3,000.00 25,739.91    
2022 ANNUAL SURPLUS / (DEFICIT)
28,061.84 -3,000.00 25,061.84    
 
 
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: 2022-05-21