Board Minutes August 2020: Difference between revisions
→Treasurer's Report - Talha
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$54k profit position at the end of this FY as per the financials submitted by Chris (https://docs.google.com/spreadsheets/d/1VDN3HFccfFv4ag5EvNbeolF1KMhIHUVWLo5nvoOHxQg/edit#gid=1047767452). | $54k profit position at the end of this FY as per the financials submitted by Chris (https://docs.google.com/spreadsheets/d/1VDN3HFccfFv4ag5EvNbeolF1KMhIHUVWLo5nvoOHxQg/edit#gid=1047767452). | ||
Chris shared financial forecast details in the section below and that states the ending balance (forecast) of this FY to be around $3k, which includes wage subsidy of $30k, but doesn’t include $40k interest free loan | *Chris shared financial forecast details in the section below and that states the ending balance (forecast) of this FY to be around $3k, which includes wage subsidy of $30k, but doesn’t include $40k interest free loan | ||
Casino account $14,717 balance, but $12k is accounted for and it will appear in the bank account soon | *Casino account $14,717 balance, but $12k is accounted for and it will appear in the bank account soon | ||
Operating account $151K – includes $40k interest fee received | *Operating account $151K – includes $40k interest fee received | ||
=== Program Review Committee - Annya/Matt/Rachel/Sarah/Husam === | === Program Review Committee - Annya/Matt/Rachel/Sarah/Husam === | ||