

Treasurer’s Summary for June 2026
Pledge income remains lower than last year and lower than budget. As of June 30, 2026, year-to-date Pledge Receipts, Pre-Paid Pledges, Non-Pledge Donations and Plate Receipts totaled $429k compared to $474k for the same period in 2025 and a YTD budget of $465k. June receipts were better than budget by $17k, which helps to narrow the YTD shortfall. Total Operating Income stands at $461k compared to budget of $492k and 2025 income of $517k.
Operating Expenses totaled $364k, compared to $350K in 2025. This is 11k better than our budget of $375k.
Overall, we have a Net Operating Surplus (operating income minus operating expenses) of $96k compared to $167k at the same time in 2025. We do not expect the YTD surplus to last; the operating budget for the full year calls for a deficit of almost $50k.
Our Balance Sheet remains strong. Cash and marketable securities are $1.1 million. The Endowment Fund balance is $3.3 million.
The Trustees have agreed to move forward with renovations to our lower level and to construct a new Memorial Pavilion. A capital campaign is underway. Any shortfall will come out of the Endowment Fund.
Questions and comments are warmly welcomed.
Janet Hurley