Board Minutes June 2024: Difference between revisions
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=== Treasurer's Report === | === Treasurer's Report === | ||
*$22k surplus in April ($14k of which was bike sale). This makes our financial year in the black. Strong new and used part sales. Bank balances as of today are $66.5k (including 5.5K for Winter Cities and 13k CIOG). Casino acct ~25.5k, and going forward we'll only be paying rent in one place! Payments on the $30k loan from Adam are being made monthly. Mastercard is paid up. And CRA is paid off. And Bergeron. | *$22k surplus in April ($14k of which was bike sale). This makes our financial year in the black. Strong new and used part sales. Bank balances as of today are $66.5k (including 5.5K for Winter Cities and 13k CIOG). Casino acct ~25.5k, and going forward we'll only be paying rent in one place! Payments on the $30k loan from Adam are being made monthly. Mastercard is paid up. And CRA is paid off. And Bergeron. | ||
*In terms of financial stability looking forward, this brings us to bottoming out at about $0 next March. (Would be $15k if the WRR program coordination were not contracted out, but it likely will be.) | |||
=== H.R. & Ops Committee Report === | === H.R. & Ops Committee Report === | ||