Board Meeting Agenda

July 16th, 2022
9:30
OVF

BOARD MEETING AGENDA – July 16, 2022

  • Motion to accept unread the minutes of the June 21, 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
    • Water Committee Update
       
  • New Business
    • Safety and Security - Member Committee Report
       
  • 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
710.91
1,000.00
-289.09
71.1%
1,000.00
    DONATION RECEIVED
988.48
750.00
238.48
131.8%
750.00
    GREENHOUSE SALES
2,666.00
2,100.00
566.00
127.0%
2,100.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
165.75
50.00
115.75
331.5%
50.00
TOTAL INCOME  
$ 51,781.79 49,750.00 2,031.79 104.1  
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
953.80
1,200.00
-246.20
79.5%
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
463.87
450.00
13.87
103.1%
450.00
    TREE MAINTENANCE
5,175.00
4,000.00
1,175.00
129.4%
4,000.00
    GREENHOUSE SUPPLIES
858.41
700.00
158.41
122.6%
700.00
ADMINISTRATION
    CHAIR & BOARD
369.59
800.00
-430.41
46.2%
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
492.59
900.00
-407.41
54.7%
900.00
    D W P - WATER
14,906.85
32,500.00
-17,593.15
45.9%
32,500.00
    TELEPHONE
612.26
1,200.00
-587.74
51.0%
1,200.00
TOTAL EXPENSE  
$ 32,433.89 52,750.00 -20,316.11 61.5  
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)
19,347.90 -3,000.00 16,347.90    
2022 ANNUAL SURPLUS / (DEFICIT)
18,669.83 -3,000.00 15,669.83    
 
 
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: 2022-07-16