Board Minutes July 2024: Difference between revisions
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=== Treasurer's Report === | === Treasurer's Report === | ||
*$16k surplus for May, $18k YTD (i.e. we're in the black!). Trending to be in the black for June as well. General acct $75k balance. Casino acct $21k. | *$16k surplus for May, $18k YTD (i.e. we're in the black!). Trending to be in the black for June as well. General acct $75k balance (less some earmarked for Winter Cities). Casino acct $21k. | ||
*Jonathan suggests going forward stripping out one-time costs so we can see how operating costs are comparing to operational revenues. Marcel thinks bookkeeper Robin is on that, insofar as she knows which expenses are one-time. Sarah says finance committee is in the process of developing a budget for next year that will address this, and hopefully present it at the AGM. Keith mentions that we will start to spread out the value of new inventory, which currently just shows up as a cost when it is bought. | *Jonathan suggests going forward stripping out one-time costs so we can see how operating costs are comparing to operational revenues. Marcel thinks bookkeeper Robin is on that, insofar as she knows which expenses are one-time. Sarah says finance committee is in the process of developing a budget for next year that will address this, and hopefully present it at the AGM. Keith mentions that we will start to spread out the value of new inventory, which currently just shows up as a cost when it is bought. | ||
*CIP Grant reporting? | *CIP Grant reporting? | ||