In preparation for our board meeting on the 20th, I have started working on a budget for the 2026-2027 fiscal year. The first step is to assess our financial performance vs budget for the current fiscal year; we only had a budget for Jan-Jun. Attached is a spreadsheet showing the actuals through today.
The revenue side looks quite good; I've separated out the legacy donation and the grant from the Manton Foundation; even without those, our income is already $1,200 over budget, and I expect several thousand more by the end of the month.
On the expenses side, we are $18,000 under budget, and even with one payroll left to go, we should finish at about $10,000 under budget.
I am planning to present a budget to you totalling at about $210,000 for 2026-2027, which will include about 20,000 of spending paid for by the grant we received. Only about $5K of the 25K grant will have been spent in the current fiscal year.
Eric

