(Rita Das): Thanks for all the information and analysis.  Couple of places where we can try to get some monies to fund the block party with a target budget of $4000:

• ·         $1000 for White Street Media for the second half of the year - I am not sure we need another mailing if postings on Nextdoor/Facebook and emails can spread the word about our events. 
• ·         $750 for Santa event - given how busy folks are during the holidays and the lackluster attendance, perhaps we change things up a bit and see if a block party has a better turnout?
• ·         $850 from the year-end balance since we only need about $1600 to cover the insurance and postcards ($2450 - $1600 = $850)
• ·         $1400 - are there any monies available that were transferred from other accounts, etc. that we can use to “invest” in the block party as we continue to try to revamp the Association this year?

(Glenn Cashion) Per your request, attached is an updated summary of estimated expenses and 2015 financials. I have also attached the expense summary for 2015 and ytd 2016.

Lastly, I have included the 2015 financial report.

2015 Expense Summary.xlsx ; 2015 year end OHCA Financial Statement ; 2016 Expense Summary.xlsx ; OHCA 2016 Expense Estimates-2.docx

 Some food for thought:

>> For 2016 expenses I used a midpoint figure for the Holiday Party ($750). If we are contemplating a more elaborate  Holiday Party than last year, we would need to estimate a much larger amount.

>> The net checking estimate of $2,450 does not include any block party expense.

>> If we do move forward with a block party, we should assume that the checking account would be greatly diminished.

>> We need approximately $900 for 2017 1st quarter expenses.

>> If we have a banner membership year in 2017, and hopefully start collecting dues early in the 1st Qtr, we should see our available funds start to come in earlier than this year. The optimistic estimate of 2017 dues collections is $8,000 (270 members), with an estimate of 2017 expenses of approximately $7,800 (WITHOUT a block party).

 This analysis is solely that of the OHCA checking/operations account.

 Glenn