October ‘09 WFPA Board Meeting

Treasurer’s Report

 

Current Accounts Summary:

 

                                                                           

   Last Month This Month Change

Checking

$15,175

$4,844

$(10,331)

Savings

$116,752

$101,252

$(15,550)

Total

$131,927

$106,096

$(25,881)

 

 

Monthly/YTD P&L:

 

 

 

 

 

YTD Sept. '09

YTD Sept. '08

 

Sept. '09

Sept. ‘08

 

4 mos.

4 mos.

Total Revenues

$6,167

$3,890

 

$50,213

$35,262

Total Expenses

$3,409

$7,873

 

$66,342

$35,853

Net Income

$2,758

$(3,984)

 

$(18,248)

    $595

Notes:

 

  1. September EOM Chase DDA balance declined by $10,331, due in large part to the WVFD check (representing the split of the Arts and Crafts Fair), clearing  on 9-4-09.   
  2. September 2009 P&L includes $4,340 in EMS fund donations, otherwise, revenues would have been $1,827 lower than September ’08, which included $1,100 in fire truck fund donations.  No dues revenues were received in September.  Expense variances include the continuation of firefighter payroll during September ’09 ($1,682), offset by timing on accident and health insurance premium payment ($2,291) and merchandise purchased ($1,033), during 9-08.    
  3. Significant difference in YOY income is from $4,000 difference between Arts and Crafts revenue versus Walker Day revenes $7,600 in Club 100 grant dollars and roughly $2,000 in increased merchandise sales. 
  4. The $30M expense variance is due to $21.5M in Arts and Crafts expenses, $7,900 in turnouts legal of $6,262, and payroll of $3,049, offset by lower insurance expense (timing on $3,781), and lower medical equipment costs ($2,000) and equipment expenses ($4,909). 
  5. WFPA semi-annual dues drive to begin mid October to create fall/winter revenue flow.    

 

 

 

 

 

 

 

Material Financial Activity for September 2009

 

Income:

Donations                              $        300

Merchandise Sales               $        189

Chili Potluck                           $        701

Pancake Breakfast               $        637      

EMS Donations                     $     4,340

Total                                        $     6,167

 

 

 

Expenses:

Equip & Repairs                   $        516      

Legal Services                      $           0        

Payroll                                    $     1,682       Continued Severity payroll and taxes

Turnout                                   $        392      

Utilities & Communications $        527       Qwest, APS and communications

Fuel                                         $        170

Other                                       $        122      

Total Expenses                     $     3,409      

 

 

Other Financial Activities/Discussion: