Treasurer’s Report – December 2020

by Sue Wilson, Treasurer

The balance of unrestricted funds as of November 30, 2020 was $15,036,105 which includes a $2.5M cash reserve. Restricted funds include the Preservation and Improvement Fund (“PIF”) and the Capital Reserve Fund. As of November 30, 2020, PIF had a balance of $19,594,001 plus $674,469 collected in November that was transferred into the PIF account the first part of December 2020. The Capital Reserve Fund had a balance of $5,420,659 as of month end.

The Corporation operated within its budget year to date 2020.