Treasurer

Sorry for the belated distribution but I was waiting on a few late-breaking numbers.

I would say that we're having a very good year, financially speaking, with Net Operating Income of over $9,000 for the first six months. As of June 30 we had about $12,000 in checking and $17,600 in the Money Market, with another $116,000 or so in the Vanguard account. Note that I haven't yet gotten the quarterly update on Vanguard, so that number may be slightly higher.

As I did last month, I'm spreading the estimated insurance costs across the venues, which you can see on page two of the report. No particular comments on the details, but you'll notice that Getaway is no longer as profitable as reported in June. The camp actually applied our deposit to the Spring rent bill (rather than rolling it over to next Fall as had been the plan). So the check we wrote them in May wasn't the whole amount, and that accounted for that surplus cash.

If you have questions I will try to provide answers.

Chris Riemer