June 2018 Financial Report


Here are the June Financial figures:   

  • Operating Income:   Actual YTD Operating Income of $213,978 is $2,307 under the budget of $216,285.    
  • Operating Expenses:  Actual YTD Operating Expenses of $218,887 are $8,650 under the YTD budget of $227,537.
  • Net Loss:  For the first six months of the fiscal year, we had a net loss of $4,909, compared to a budgeted loss of $11,252. 

Financial Notes

Although the financial results of the first six months of the fiscal year show a loss, it was less than the anticipated loss.  This is because other income items were higher than expected and total expenses were lower than expected.  It is hoped that this trend will continue through the summer.