Treasurer’s Report – November 2020

The balance of unrestricted funds as of October 31, 2020 was $14,756,619 which includes a $2.5M cash reserve. Restricted funds include the Preservation and Improvement Fund (“PIF”) and the Capital Reserve Fund. As of October 31, 2020, PIF had a balance of $18,984,746 plus $692,392 collected in October that was transferred into the PIF account the first part of November 2020. The Capital Reserve Fund had a balance of $5,415,670 as of month end.
The Corporation operated within its budget year to date 2020.