The Balance Sheet for July shows an increase in Net Income of just over $15,000. This compares to the Net Income one year ago of $7,449.
The Profit and Loss Statement gives us the information about where the Net Income is derived. There were no remarkable changes this month. WSO Cost Center Income was down, but so were the expenses in that cost center. The increase in the Accounting Fees attributed to the WSO Cost Center is due to the cost of filing our tax returns.
Martin has created a chart that compares the Net Income month over month for the first half of this year.
Click here to see the Treasury Committee meeting minutes from July 30th.
Mary Jo L.