WINTER 2007Year-End Report for July 2006 to June 2007
Income:
For the period of July 1, 2006 through June 30, 2007, our income exceeded our budgeted income by $600. Our Fiduciary accounts returned slightly more than budgeted income, and we received a $350 contribution.
Expenses:
Our expenses were less than our budget by $1,186. The Coordinator program came in $3,785 under budget. Congratulations to all who helped us achieve these impressive results.
Lower Alloways Creek (donor-restricted fund):
The LAC account exceeded budgeted expenses by $631. The insurance bill of $1,686 exceeded the budgeted estimate of $1,000, as previously reported. For mowing, we have spent $4,375 compared to our budget of $2,700. Of this amount, $3,500 was for tree and debris removal. We have not received any bills for repairs, or termite treatment.
Education Fund (designated fund):
Our Education Fund income was $8,597, which was $597 over budget. We distributed $8,250 in scholarship grants. The balance of $347 is reinvested in the Education Fund account.
Monthly Meeting Contributions
According to our records, our contributions from monthly meetings were $8,551 less than was committed. The results reflect contributions received through 6/31/2007. For specific questions about these amounts, Dianne Sloane will be happy to review them with the meeting treasurer. Meetings are reminded that their covenant with PYM is to be paid to Salem Quarter, not PYM directly.
PYM Covenant SQM Share Total Paid to Date Greenwich individual
contributions$4,469 $4,669 $2,018 Mickleton $7,000 $6,000 $13,000 $9,450 Mullica Hill $8,450 $6,419 $14,869 $14,869 Salem $19,500 $15,500 $35,000 $34,400 Seaville $1,500 $5,500 $7,000 $5,250 Woodbury $3,952 $3,800 $7,752 $7,752 Woodstown $20,100 $13,500 $33,600 $33,600
TOTALS
$60,502
$55,388
$115,890
$107,339RETURN TO TABLE OF CONTENTS
Last modified:
Saturday, November 17, 2007 at 10:16 PM
