Treasurer’s Report – February 2018

by Sue Wilson, Treasurer

The balance of unrestricted funds as of January 31, 2018 was $12,685,473 which includes a $2.5M cash reserve. Restricted funds include the Preservation and Improvement Fund (“PIF”) and the Capital Reserve Fund. As of January 31, 2018, PIF had a balance of $17,288,108 plus $577,400 collected in January that was transferred into the PIF account the first part of February 2018. The Capital Reserve Fund had a balance of $5,142,918 as of month end.

The corporation has operated within its budget for the 2018 fiscal year.

 

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