Here are the January financial figures:
• Operating Income: Actual YTD Operating Income of $28,983 is $382 under the budget of $29,365.
• Operating Expenses: Actual YTD Operating Expenses of $38,386 are $2,985 under the YTD budget of $41,371.
• Net Income/Loss: For the first month of the fiscal year, we had a net loss of $9,402, compared to a budgeted loss of $12,006
We are only one month into the fiscal year. It is too early in the year to anticipate financial outcomes for the year.
Greg Bell, Treasurer