{"id":1822,"date":"2013-08-04T06:43:19","date_gmt":"2013-08-04T12:43:19","guid":{"rendered":"http:\/\/meadowhill.net\/?p=1822"},"modified":"2013-08-04T06:43:19","modified_gmt":"2013-08-04T12:43:19","slug":"treasurers-report-16","status":"publish","type":"post","link":"https:\/\/meadowhill.net\/?p=1822","title":{"rendered":"Treasurer&#8217;s Report"},"content":{"rendered":"<p align=\"center\"><strong>For the month six months ended June 30, 2013<\/strong><\/p>\n<p><strong>Budget Summary<\/strong><\/p>\n<p>Year-To-date income of $295,237 is $8,891 ahead of budget. During June, one resident loan was repaid. Year- To-date expenses of $260,997 are $11,332 less than budget. The primary reason for the favorable expense position is reduced payroll and benefit expense. These were partially offset by insurance premiums ($7,423 over budget through six months.)<\/p>\n<p><strong>Balance Sheet Summary<\/strong><\/p>\n<p>Total cash balances on hand at the end of June to meet operating costs, amounted to $47,701.\u00a0 The social checking account balance remains at $986.19. Reserve balances on hand at the end of June (money market accounts) totaled $505,315. Year-to-date contribution to reserves is $40,126. To date, capital expenditures amount to $12,587. The Association has a contract liability to B&amp;W Paving for $246,000 for the recently completed paving project.<br \/>\n&#8211; David Faxon Treasurer<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the month six months ended June 30, 2013<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1822","post","type-post","status-publish","format-standard","hentry","category-lark"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts\/1822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1822"}],"version-history":[{"count":1,"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts\/1822\/revisions"}],"predecessor-version":[{"id":1823,"href":"https:\/\/meadowhill.net\/index.php?rest_route=\/wp\/v2\/posts\/1822\/revisions\/1823"}],"wp:attachment":[{"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meadowhill.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}