Treasurer’s Report, August 2019

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Written by Jarret Tomalesky

On August 26, 2019

July Financial Highlights: Total revenues for the period were $188,413 and roughly 5% above budget.

Through the month of July total revenue is 1% below budget. Operating expenses for the period were $153,457 an increase of 11% from June, however, expenses were 4% below budget. The increase in expenses was due to a portion of August gate contract being paid in July and trash removal being $6,800 over budget.

Net income for the period was $4,173. Net cash flows for the period were also positive with an increase of $39,655, and total assets increased to $4,238,931.

Income & Expenses Overview
Capital Improvement Projects

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