Treasurer’s Report – November 2021

The balance of unrestricted funds as of October 31st, 2021 was $16,909,193 which includes a $2.5M cash reserve. Restricted funds include the Preservation and Improvement Fund (“PIF”) and the Capital Reserve Fund. As of October 31st, 2021, PIF had a balance of $25,901,843 plus $787,304 collected in October that was transferred into the PIF account the first part of November 2021. The Capital Reserve Fund had a balance of $5,520,116 as of month end.

The corporation operated within its budget year to date 2021.