Issue link: https://imageup.uberflip.com/i/1119418
| OHCC LIVING | JUNE 2019 | 5 Treasurer's Report By Greg Kusiak, MBA, Treasurer, gregory_kusiak@msn.com We want to remind our Members that the financial statements are available on our website. April is the first month of our new fiscal year, so the year-to-date totals are the same as those for the month. Since the financials were not available until May 13, the Executive Finance Committee had not yet reviewed the financial reports for April as of the May 16th Regular Board Meeting. This report is based only on my review. April continued the trend of recent months. Revenue remained ahead of projections, and expenses were lower than expected, with the largest item being water for about $9,000. With extra revenue of $4,000 and overall expenses lower by $37,000, we showed a net surplus for the first month of $41,000. (I wish to remind everyone that interest income from the reserves is now reinvested in the reserves rather than allocated to operations.) 30 April 2019 Operating Cash and Receivables $ 1,198,000 Reserves and Other 5,420,000 Total Assets $ 6,618,000 Reserve Obligations $ 5,351,000 Current Liabilities 738,000 Equity 529,000 April Fiscal Year Income $ 657,000 $ 657,000 Expenses 615,000 615,000 Net $ 41,000 * $ 41,000* *Rounding error There are no noteworthy Under/(Over) Budget Items for the first month other than the water expense, interest income and one- time accounting anomalies like credit adjustments or once-a-year expenses. The goal of OHCC CERT is to help residents prepare for, respond to, and recover from a major disaster. An important part of being prepared is filling out and displaying a form called "The Vial of Life." This form contains information that may be useful for emergency responders should you need help but are incapacitated and unable to communicate. The form is free from the County of San Diego Health and Human Services Agency or you can make your own using the accompanying format as a guide. Display the completed form on your refrigerator or next to your phone. About OHCC CERT: If you would like to know more about OHCC CERT, please go to our website (ohcccert. net) or contact John Slayton, Administration Chief (jfslayton@gmail.com) or Bill Harms, IC (harms1@ sbcglobal.net) .