Treasurer’s Report – March 2022

by Darla Akins, Treasurer

The balance of unrestricted funds as of February 28, 2022 was $19,202,548 which includes a $2.5M cash reserve. Restricted funds include the Preservation and Improvement Fund (“PIF”) and the Capital Reserve Fund. As of February 28, 2022, PIF had a balance of $28,317,297 plus $783,649 collected in February that was transferred into the PIF account the first part of March 2022. The Capital Reserve Fund had a balance of $5,556,043 as of month end.

The corporation operated within its budget year to date 2022.