HomeMy WebLinkAboutFMinutes010913_Page_02fund a project if presented to us in the future. I am passing around a
questionnaire that was presented to the Parks Board and would like to open
the floor to your comments and thoughts. Some discussion followed with Tim
O'Connor providing additional information. The board agreed that we would
be interested in proposals and being involved in the development stage of a
new park.
III. Treasure's Report (Courtney Archer)
Friends of West University Place Parks Fund, Inc.
Balance Sheet
As of December 31, 2012
Total
ASSETS
Current Assets
Bank Accounts
Bank of River Oaks Operating
510,302.65
Cadence Bank Checking-Pay Pal
4,680.17
IBC Bank
99,882.21
Total Bank Accounts
$614,865.03
Other current assets
Blankets
1,690.11
Golf Shirt Inventory
681.94
Total Other current assets
$2,372.05
Total Current Assets
$617,237.08
TOTAL ASSETS
$617,237.08
LIABILITIES AND EQUITY
Liabilities
Total Liabilities
Equity
Capital Expenditure-Colonial
-511,977.28
Rec Center Distribution
-314,336.00
Weir
-159,381.00
Whitt Johnson
-24,862.00
Total Capital Expenditure-Colonial
-1,010,556.28
Opening Bal Equity
553,322.67
Rice Pocket Park
-100,000.00
Unrestrict (retained earnings)
817,602.01
Net Income
356,868.68
Total Equity
$617,237.08
TOTAL LIABILITIES AND EQUITY
$617,237.08