The balance of unrestricted funds as of January 31, 2022 was $18,315,618 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, 2022 PIF had a balance of $28,003,668 plus $661,044 collected in January that was transferred into the PIF account the first part of February 2022. The Capital Reserve Fund had a balance of $5,547,098 as of month end.
The corporation operated within its budget year to date 2022.