by Sheila Rooney, Treasurer
The balance of unrestricted funds as of January 31, 2021 was $15,644,809 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, 2021, PIF had a balance of $20,118,215 plus $558,805 collected in January that was transferred into the PIF account the first part of February 2021. The Capital Reserve Fund had a balance of $5,433,280 as of month end.
The corporation operated within its budget year to date 2021.