Board Minutes March 2024: Difference between revisions
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=== President's Report === | === President's Report === | ||
*Verbal report | *Verbal report: MacEwan lease was expanded. Signing authority was changed over. Will soon have lease on storage space (Sarah working to draft it, which Marcel will need for the casino people). President attended one event at Winter Cycling Congress. | ||
=== Treasurer's Report === | |||
$21,700 surplus in January, thanks to donations, which are now at $48k on the year (already $15k over target for the year). Salary/wages now down $3k per 2 weeks with Greg gone, now at ~$7300 (will go up slightly). Operating acct balance $30k (pending an upcoming payroll, and that includes $ from the winter bike tire program). We owe $6k to Bergeron and $7k to CRA-- repayment is planned. Casino acct is at $50k. Will soon be paying $8300/mo out of casino acct (with the expanded spaces on north side). He will make sure AGLC is ok with board member Matt receiving our sublease payments on the storage space. He's also going to try to start making utility payments out of the casino acct. Loan repayment ~$550/month to board member Adam will start in May. He's letting the Mastercard run some balance for the time being. | |||
Marcel went over the comparative statement prepared by book-keeper Robin. | |||
=== Finance Committee Report === | === Finance Committee Report === | ||