September Beacon

NCYC Regular Meeting Minutes August 7, 2024 Page 4 of 9

Treasurer, Christa Betts

Financial Report (cont’d)

North Channel Yacht Club Cash Summary July 2024

December

December

December

July

2021

2022

2023

2024

$245,900.00

$277,378.83

$126,194.80

$194,886.26

Fifth Third Bank

$98,300.00

$126,781.60

$180,577.67

$214,752.42

Cash Reserve Fund

$344,200.00

$404,160.43

$306,772.47

$409,638.68

Total Cash

NOTE: Jul-24 YTD Commodore Projects $35,209.21 Expenses in the amount of $46,898.26 Income in the amount of $62,428.56 Net gain in the amount of $15,530.30

July Interest Earned $451.20 Cash on Hand $409,638.68

Motion: PC Fringer to approve the financial report. Second: VC Burkhardt. Motion Carried

P/C Brian Fringer

ABYA Report

No report.

Mark Javery

Correspondence

a. Upcoming OD requested authorization for a band on his weekend.

Motion: Mark Javery to approve request. Second: Bill Frederiksen. Motion Carried

b. Two members requested waiver for 2024 work hours due to health reasons.

Motion: Mark Javery to approve request. Second: Christa Betts; Shelley Sweier. Motions Carried