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
|
3,399.00
|
50,300.00
|
-46,901.00
|
6.8%
|
56,465.00
|
ASSOCIATE FEE
|
100.00
|
2,200.00
|
-2,100.00
|
4.5%
|
1,875.00
|
OTHER INCOME |
|||||
RECYCLE
|
0.00
|
1,000.00
|
-1,000.00
|
-
|
1,000.00
|
DONATION RECEIVED
|
0.00
|
2,200.00
|
-2,200.00
|
-
|
1,000.00
|
GREENHOUSE SALES
|
0.00
|
1,700.00
|
-1,700.00
|
-
|
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 |
$ 3,499.19 | 57,900.00 | -54,400.81 | 6.0 | |
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
|
200.62
|
0.00
|
200.62
|
-
|
0.00
|
MISC. GARDEN SUPPLIES
|
538.38
|
1,500.00
|
-961.62
|
35.9%
|
1,200.00
|
ORCHARD
|
0.00
|
350.00
|
-350.00
|
-
|
400.00
|
PEST MANAGEMENT
|
0.00
|
600.00
|
-600.00
|
-
|
1,100.00
|
PLUMBING
|
36.11
|
1,600.00
|
-1,563.89
|
2.3%
|
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
|
23.82
|
0.00
|
23.82
|
-
|
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
|
262.85
|
1,620.00
|
-1,357.15
|
16.2%
|
1,200.00
|
TOTAL EXPENSE |
$ 2,337.08 | 60,190.00 | -57,852.92 | 3.9 | |
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
|
12.00
|
200.00
|
-188.00
|
6.0%
|
500.00
|
LUMBER SALES
|
290.00
|
1,600.00
|
-1,310.00
|
18.1%
|
2,000.00
|
T-SHIRT SALES
|
0.00
|
1,500.00
|
-1,500.00
|
-
|
750.00
|
TOTAL RESALE INCOME |
$ 302.00 | 3,300.00 | -2,998.00 | 9.2 | |
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) |
-893.25 | 280.00 | -613.25 | ||
NET OPERATING INCOME / (EXPENSE) |
1,162.11 | -2,290.00 | -1,127.89 | ||
2025 ANNUAL SURPLUS / (DEFICIT) |
268.86 | -2,010.00 | -1,741.14 | ||
B of A Checking |
25,652.87 | ||||
B of A Savings |
39,753.44 | ||||
First Internet Bank - CD1 |
11,484.99 | ||||
First Internet Bank - CD2 |
8,317.82 | ||||
First Internet Bank - CD3 |
8,272.50 |
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
|
61.63
|
300.00
|
-238.37
|
20.5%
|
300.00
|
TOTAL INCOME |
$ 65,693.34 | 63,140.00 | 2,553.34 | 104.0 | |
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
|
3,517.62
|
0.00
|
3,517.62
|
-
|
0.00
|
MISC. GARDEN SUPPLIES
|
2,022.59
|
1,200.00
|
822.59
|
168.5%
|
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
|
1,608.80
|
1,500.00
|
108.80
|
107.3%
|
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
|
23.82
|
0.00
|
23.82
|
-
|
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) |
7,760.92 | -2,560.00 | 5,200.92 | ||
2024 ANNUAL SURPLUS / (DEFICIT) |
7,043.07 | -2,010.00 | 5,033.07 | ||
B of A Checking |
25,652.87 | ||||
B of A Savings |
39,753.44 | ||||
First Internet Bank - CD1 |
11,484.99 | ||||
First Internet Bank - CD2 |
8,317.82 | ||||
First Internet Bank - CD3 |
8,272.50 |
Budget as of: 2024-12-31