Treasurer

From: Peggy <timpeg@optonline.net>

Sent: Monday, August 3, 2020 8:08 PM

To: fullboard@folkproject.org; pbrangs18@gmail.com

Subject: August Treasurer Report

Hello Everyone,

Not much has happened this month.

The profit and loss statement is attached.

I want to thank Pat Brangs for all the work she does in the background She could use a pat on the back once in a while.

I talked briefly with Doug about Swing’n Tern donations. I don’t think I was very helpful.

Michael suggested we look for an insurance adjustment for both our liability & worker’s compensation. I want thank Chris for his quick and accurate response. Below is what he posted...

“The Workers Comp would be self-adjusting, in the end, because the audit report submitted this December will have a much smaller number. They will rebate us a portion of what we paid for 2020, although we won’t get the check until 2021.

There is no audit process built unto the liability insurance, so we’d have to take some action on that one.”

Chris

Great American, our liability insurance, is $612 per year. I can’t find the actual policy to see if there are any provisions to reduce the bill. I will have to call and see if they will adjust it but I wouldn’t count on it.

Lastly, I may have trouble with the meeting tomorrow night. My internet has been cutting in and out. Today it has been okay but all weekend was mostly off. I will have my fingers crossed.

Respectfully Submitted

Peggy Karr

Treasurer