General Meeting Agenda

June 10th, 2023
1:00 PM
OVF Meeting Area

Election meeting

Ocean View Farms 2023 Budget

Category / Description 2023 YTD 2023 Budget Over (Under) FY % YTD 2022 Budget
INCOME
FEES
    MEMBERSHIP FEE
46,077.68
50,000.00
-3,922.32
92.2%
44,600.00
    ASSOCIATE FEE
1,545.00
1,500.00
45.00
103.0%
1,250.00
OTHER INCOME
    RECYCLE
795.92
1,000.00
-204.08
79.6%
1,000.00
    DONATION RECEIVED
15,131.86
1,000.00
14,131.86
1,513.2%
750.00
    GREENHOUSE SALES
1,371.00
2,500.00
-1,129.00
54.8%
2,100.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
84.10
300.00
-215.90
28.0%
50.00
TOTAL INCOME  
$ 65,005.56 56,300.00 8,705.56 115.5  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
255.36
250.00
5.36
102.1%
200.00
    COMPOST & SHREDDING
345.41
1,600.00
-1,254.59
21.6%
1,600.00
    INSURANCE
0.00
2,300.00
-2,300.00
-
2,300.00
    EQUIPMENT
0.00
0.00
-
-
0.00
    MISC. GARDEN SUPPLIES
541.53
1,200.00
-658.47
45.1%
1,200.00
    ORCHARD
249.41
400.00
-150.59
62.4%
200.00
    PEST MANAGEMENT
308.66
1,050.00
-741.34
29.4%
1,050.00
    PLUMBING
110.96
2,000.00
-1,889.04
5.5%
1,500.00
    PORTABLE
2,852.28
2,500.00
352.28
114.1%
2,300.00
    SECURITY
235.35
450.00
-214.65
52.3%
450.00
    TREE MAINTENANCE
700.00
5,000.00
-4,300.00
14.0%
4,000.00
    GREENHOUSE SUPPLIES
482.15
1,000.00
-517.85
48.2%
700.00
ADMINISTRATION
    CHAIR & BOARD
2,492.82
800.00
1,692.82
311.6%
800.00
    MEMBERSHIP
1,599.92
1,500.00
99.92
106.7%
1,100.00
    EDUCATION & NEWSLETTER
105.81
250.00
-144.19
42.3%
250.00
    POTLUCK & WORKDAY
101.02
300.00
-198.98
33.7%
300.00
    OFFICE SUPPLIES
0.00
0.00
-
-
0.00
    DONATED FUNDS
500.00
0.00
500.00
-
0.00
    PROFESSIONAL SERVICES
0.00
0.00
-
-
0.00
    WEBSITE MODERNIZATION
0.00
0.00
-
-
0.00
    CREDIT CARD PROCESS FEES
0.00
0.00
-
-
0.00
UTILITIES
    D W P - POWER
387.03
900.00
-512.97
43.0%
900.00
    D W P - WATER
5,415.77
35,000.00
-29,584.23
15.5%
32,500.00
    TELEPHONE
502.88
1,200.00
-697.12
41.9%
1,200.00
TOTAL EXPENSE  
$ 16,186.36 57,900.00 -41,713.64 28.0  
DIRECTED GIVING
    INCOME
0.00
0.00
-
-
0.00
    EXPENSE
0.00
0.00
-
-
0.00
TOTAL DIRECTED GIVING  
$ 0.00 0.00 0.00 -  
RESALE INCOME
    KEY SALES
118.00
500.00
-382.00
23.6%
150.00
    LUMBER SALES
561.00
2,000.00
-1,439.00
28.1%
750.00
    T-SHIRT SALES
1,046.00
750.00
296.00
139.5%
750.00
TOTAL RESALE INCOME  
$ 1,725.00 3,250.00 -1,525.00 53.1  
RESALE EXPENSE
    KEYS FOR RESALE
365.42
200.00
-165.42
182.7%
150.00
    LUMBER FOR RESALE
832.01
2,000.00
1,167.99
41.6%
750.00
    T-SHIRTS PURCHASES
0.00
500.00
500.00
-
750.00
TOTAL RESALE EXPENSE
1,197.43 2,700.00 -1,502.57 44.3%  
 
NET RESALE INCOME / (EXPENSE)
527.57 550.00 1,077.57    
NET OPERATING INCOME / (EXPENSE)
48,819.20 -1,600.00 47,219.20    
2023 ANNUAL SURPLUS / (DEFICIT)
49,346.77 -1,050.00 48,296.77    
 
 
B of A Checking
49,454.61  
B of A Savings
39,873.21  
First Internet Bank - CD1
11,484.99  
First Internet Bank - CD2
8,317.82  
First Internet Bank - CD3
8,272.50  
Budget as of: 2023-06-10