General Meeting Agenda
June 11th, 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
- 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
|
45,078.65
|
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
|
648.48
|
750.00
|
-101.52
|
86.5%
|
750.00
|
GREENHOUSE SALES
|
1,623.00
|
2,100.00
|
-477.00
|
77.3%
|
2,100.00
|
CARRYOVER
|
0.00
|
3,000.00
|
-3,000.00
|
-
|
3,000.00
|
INTEREST INCOME |
|||||
INTEREST EARNED
|
165.42
|
50.00
|
115.42
|
330.8%
|
50.00
|
TOTAL INCOME |
$ 49,309.30 | 52,750.00 | -3,440.70 | 93.5 | |
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
|
307.93
|
450.00
|
-142.07
|
68.4%
|
450.00
|
TREE MAINTENANCE
|
5,175.00
|
4,000.00
|
1,175.00
|
129.4%
|
4,000.00
|
GREENHOUSE SUPPLIES
|
599.50
|
700.00
|
-100.50
|
85.6%
|
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
|
408.50
|
900.00
|
-491.50
|
45.4%
|
900.00
|
D W P - WATER
|
11,417.48
|
32,500.00
|
-21,082.52
|
35.1%
|
32,500.00
|
TELEPHONE
|
512.13
|
1,200.00
|
-687.87
|
42.7%
|
1,200.00
|
TOTAL EXPENSE |
$ 25,945.98 | 52,750.00 | -26,804.02 | 49.2 | |
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) |
23,363.32 | 0.00 | 23,363.32 | ||
2022 ANNUAL SURPLUS / (DEFICIT) |
23,148.32 | 0.00 | 23,148.32 | ||
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: 2022-06-11