Board Minutes February 2012: Difference between revisions
→Treasurer's Report
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Working through the financial statements, and producing forecasts including the new North shop has revealed a picture of financial strength that I wasn't expecting. We're performing as expected on the Revenue side of the equation, and our expenses are below expected. Of note is that we haven't ordered new parts for a while, so will probably have to restock at some point, probably spending around $4,000 to do that. Our food budget remains very high this year, as Bike building nights are spending about $10 more per week than budgeted, and several events (AGM, Board Retreat, and Board Development Workshop) have been professionally catered. | Working through the financial statements, and producing forecasts including the new North shop has revealed a picture of financial strength that I wasn't expecting. We're performing as expected on the Revenue side of the equation, and our expenses are below expected. Of note is that we haven't ordered new parts for a while, so will probably have to restock at some point, probably spending around $4,000 to do that. Our food budget remains very high this year, as Bike building nights are spending about $10 more per week than budgeted, and several events (AGM, Board Retreat, and Board Development Workshop) have been professionally catered. | ||
[[media:January_2012_Financial_Report.xls|January 2012 Statements]] | *[[media:January_2012_Financial_Report.xls|January 2012 Statements]] | ||
[[media:December_2011_Financial_Report.xls|December 2011 Statements]] | *[[media:December_2011_Financial_Report.xls|December 2011 Statements]] | ||
===Executive Director's Report === | ===Executive Director's Report === | ||
[[ED Report (Month) (Year)|Executive Director's Report]] | [[ED Report (Month) (Year)|Executive Director's Report]] | ||