General Meeting Agenda

February 8th, 2025
1:00
OVF

 

A.  Welcome, President Announcements

B.  Garden Master Report

C.  Treasurer Report 

D,  Membership Secretary Report 

E.  Education Chair Report 

F.  Reports from any other Board Members

H.  Comments/questions by members

I.   Next meeting April 2025 is election 



 

 

Ocean View Farms 2025 Budget

Category / Description 2025 YTD 2025 Budget Over (Under) FY % YTD 2024 Budget
INCOME
FEES
    MEMBERSHIP FEE
30,299.00
50,300.00
-20,001.00
60.2%
56,465.00
    ASSOCIATE FEE
600.00
2,200.00
-1,600.00
27.3%
1,875.00
OTHER INCOME
    RECYCLE
491.50
1,000.00
-508.50
49.2%
1,000.00
    DONATION RECEIVED
6,830.00
2,200.00
4,630.00
310.5%
1,000.00
    GREENHOUSE SALES
1,569.00
1,700.00
-131.00
92.3%
2,500.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
0.19
500.00
-499.81
0.0%
300.00
TOTAL INCOME  
 $ 39,789.69 57,900.00 -18,110.31 68.7  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
0.00
200.00
-200.00
-
200.00
    CARPENTRY
0.00
400.00
-400.00
-
400.00
    COMPOST & SHREDDING
392.82
1,400.00
-1,007.18
28.1%
1,200.00
    INSURANCE
0.00
2,650.00
-2,650.00
-
2,650.00
    EQUIPMENT
815.79
0.00
815.79
-
0.00
    MISC. GARDEN SUPPLIES
94.48
1,500.00
-1,405.52
6.3%
1,200.00
    ORCHARD
0.00
350.00
-350.00
-
400.00
    PEST MANAGEMENT
0.00
600.00
-600.00
-
1,100.00
    PLUMBING
59.93
1,600.00
-1,540.07
3.7%
1,500.00
    PORTABLE
0.00
3,000.00
-3,000.00
-
3,000.00
    SECURITY
0.00
450.00
-450.00
-
450.00
    TREE & LANDSCAPE MAINT
0.00
5,500.00
-5,500.00
-
8,000.00
    GREENHOUSE SUPPLIES
313.70
1,250.00
-936.30
25.1%
1,000.00
ADMINISTRATION
    CHAIR & BOARD
66.88
800.00
-733.12
8.4%
800.00
    MEMBERSHIP
0.00
400.00
-400.00
-
1,600.00
    EDUCATION & NEWSLETTER
0.00
250.00
-250.00
-
250.00
    POTLUCK & WORKDAY
0.00
200.00
-200.00
-
300.00
    OFFICE SUPPLIES
0.00
100.00
-100.00
-
0.00
    DONATED FUNDS
0.00
0.00
-
-
0.00
    PROFESSIONAL SERVICES
0.00
1,200.00
-1,200.00
-
1,500.00
    WEBSITE MAINTENANCE
147.00
500.00
-353.00
29.4%
6,000.00
    CREDIT CARD PROCESS FEES
0.00
120.00
-120.00
-
0.00
UTILITIES
    D W P - POWER
0.00
1,100.00
-1,100.00
-
950.00
    D W P - WATER
354.90
35,000.00
-34,645.10
1.0%
32,000.00
    TELEPHONE
211.30
1,620.00
-1,408.70
13.0%
1,200.00
TOTAL EXPENSE  
 $ 2,456.80 60,190.00 -57,733.20 4.1  
DIRECTED GIVING
    INCOME
0.00
25,000.00
-25,000.00
-
25,000.00
    EXPENSE
0.00
-25,000.00
25,000.00
-
-25,000.00
TOTAL DIRECTED GIVING  
 $ 0.00 0.00 0.00 -  
RESALE INCOME
    KEY SALES
91.00
200.00
-109.00
45.5%
500.00
    LUMBER SALES
810.00
1,600.00
-790.00
50.6%
2,000.00
    T-SHIRT SALES
1,136.00
1,500.00
-364.00
75.7%
750.00
TOTAL RESALE INCOME  
 $ 2,037.00 3,300.00 -1,263.00 61.7  
RESALE EXPENSE
    KEYS FOR RESALE
0.00
320.00
320.00
-
200.00
    LUMBER FOR RESALE
1,195.25
1,300.00
104.75
91.9%
2,000.00
    T-SHIRTS PURCHASES
0.00
1,400.00
1,400.00
-
500.00
TOTAL RESALE EXPENSE
 1,195.25 3,020.00 -1,824.75 39.6%  
 
NET RESALE INCOME / (EXPENSE)
 841.75 280.00 1,121.75    
NET OPERATING INCOME / (EXPENSE)
 37,332.89 -2,290.00 35,042.89    
2025 ANNUAL SURPLUS / (DEFICIT)
 38,174.64 -2,010.00 36,164.64    
 
 
B of A Checking
 52,211.75  
B of A Savings
 39,753.44  
First Internet Bank - CD1
 11,770.26  
First Internet Bank - CD2
 8,820.20  
First Internet Bank - CD3
 8,753.30  
Budget as of: 2025-02-08

Ocean View Farms 2024 Budget

Category / Description 2024 YTD 2024 Budget Over (Under) FY % YTD 2023 Budget
INCOME
FEES
    MEMBERSHIP FEE
51,537.00
56,465.00
-4,928.00
91.3%
50,000.00
    ASSOCIATE FEE
2,660.00
1,875.00
785.00
141.9%
1,500.00
OTHER INCOME
    RECYCLE
1,023.71
1,000.00
23.71
102.4%
1,000.00
    DONATION RECEIVED
7,862.00
1,000.00
6,862.00
786.2%
1,000.00
    GREENHOUSE SALES
2,549.00
2,500.00
49.00
102.0%
2,500.00
    CARRYOVER
0.00
0.00
-
-
0.00
INTEREST INCOME
    INTEREST EARNED
794.28
300.00
494.28
264.8%
300.00
TOTAL INCOME  
 $ 66,425.99 63,140.00 3,285.99 105.2  
EXPENSE
SITE MANAGEMENT
    BEAUTIFICATION
535.92
200.00
335.92
268.0%
200.00
    CARPENTRY
199.80
400.00
-200.20
50.0%
250.00
    COMPOST & SHREDDING
1,933.12
1,200.00
733.12
161.1%
1,600.00
    INSURANCE
2,567.00
2,650.00
-83.00
96.9%
2,300.00
    EQUIPMENT
4,056.00
0.00
4,056.00
-
0.00
    MISC. GARDEN SUPPLIES
1,484.21
1,200.00
284.21
123.7%
1,200.00
    ORCHARD
315.58
400.00
-84.42
78.9%
400.00
    PEST MANAGEMENT
293.97
1,100.00
-806.03
26.7%
1,050.00
    PLUMBING
1,632.62
1,500.00
132.62
108.8%
2,000.00
    PORTABLE
2,993.38
3,000.00
-6.62
99.8%
2,500.00
    SECURITY
396.06
450.00
-53.94
88.0%
450.00
    TREE & LANDSCAPE MAINT
3,775.00
8,000.00
-4,225.00
47.2%
5,000.00
    GREENHOUSE SUPPLIES
1,124.53
1,000.00
124.53
112.5%
1,000.00
ADMINISTRATION
    CHAIR & BOARD
793.74
800.00
-6.26
99.2%
800.00
    MEMBERSHIP
1,483.58
1,600.00
-116.42
92.7%
1,500.00
    EDUCATION & NEWSLETTER
0.00
250.00
-250.00
-
250.00
    POTLUCK & WORKDAY
223.64
300.00
-76.36
74.5%
300.00
    OFFICE SUPPLIES
294.98
0.00
294.98
-
0.00
    DONATED FUNDS
0.00
0.00
-
-
0.00
    PROFESSIONAL SERVICES
168.15
1,500.00
-1,331.85
11.2%
1,500.00
    WEBSITE MAINTENANCE
481.00
6,000.00
-5,519.00
8.0%
6,000.00
    CREDIT CARD PROCESS FEES
14.59
0.00
14.59
-
0.00
UTILITIES
    D W P - POWER
984.21
950.00
34.21
103.6%
900.00
    D W P - WATER
30,782.68
32,000.00
-1,217.32
96.2%
35,000.00
    TELEPHONE
1,398.66
1,200.00
198.66
116.6%
1,200.00
TOTAL EXPENSE  
 $ 57,932.42 65,700.00 -7,767.58 88.2  
DIRECTED GIVING
    INCOME
0.00
25,000.00
-25,000.00
-
25,000.00
    EXPENSE
0.00
-25,000.00
25,000.00
-
-25,000.00
TOTAL DIRECTED GIVING  
 $ 0.00 0.00 0.00 -  
RESALE INCOME
    KEY SALES
162.44
500.00
-337.56
32.5%
500.00
    LUMBER SALES
1,468.00
2,000.00
-532.00
73.4%
2,000.00
    T-SHIRT SALES
1,641.00
750.00
891.00
218.8%
750.00
TOTAL RESALE INCOME  
 $ 3,271.44 3,250.00 21.44 100.7  
RESALE EXPENSE
    KEYS FOR RESALE
304.90
200.00
-104.90
152.5%
200.00
    LUMBER FOR RESALE
2,406.11
2,000.00
-406.11
120.3%
2,000.00
    T-SHIRTS PURCHASES
1,278.28
500.00
-778.28
255.7%
500.00
TOTAL RESALE EXPENSE
 3,989.29 2,700.00 1,289.29 147.8%  
 
NET RESALE INCOME / (EXPENSE)
 -717.85 550.00 -167.85    
NET OPERATING INCOME / (EXPENSE)
 8,493.57 -2,560.00 5,933.57    
2024 ANNUAL SURPLUS / (DEFICIT)
 7,775.72 -2,010.00 5,765.72    
 
 
B of A Checking
 52,211.75  
B of A Savings
 39,753.44  
First Internet Bank - CD1
 11,770.26  
First Internet Bank - CD2
 8,820.20  
First Internet Bank - CD3
 8,753.30  
Budget as of: 2024-12-31