Financial records · November 15, 2017

Third-quarter Treasurer highlights

Reports revenue and expenses below plan, strong internet sales, anticipated move impacts and investment allocation still pending.

Text

Transcribed from the scans and checked against them by Claude. Typed text comes first; handwritten notes follow it. [illegible] marks words that cannot be read and [?] an uncertain reading.

Treasurer's Report - Nov 15, 2017 Business Meeting (Ceman) 2017 3rd Qtr Financial highlights (see spreadsheet for details) • 9 months of Revenue and Expense data • Revenues are currently lower than Plan, i.e., ~85% of Plan to date • Expenses are very much lower than Plan, i.e., ~ 40% of Plan to date Internet Sales • 2017 Internet Sales are currently well above plan for 1st thru 3rd Quarters Miscellaneous Items • 2017 Financial Plan/Budget - future revisions will need to address pending Bard Street closure and relocation of FOL Bookstore; significant Operations impacts and Revenue impacts are expected Continuing Business HB FOL Investment Portfolio • Long term Investment Account Asset re-investment is still pending due to ongoing Market volatility/ uncertainty. A reallocation of assets into a combination of long-term growth and mid term growth funds is planned at a future date

Handwritten notes

• (top right) Treasurer's Copy - To File

Show the original machine reading

Source scan page 27

Treasurer's Copy - To File
Treasurer's Report - Nov 15, 2017 Business Meeting (Ceman)
2017 3'd Qtr Financial highlights (see spreadsheet for details)
? 9 months of Revenue and Expense data
? Revenues are currently lower than Plan, i.e., ~85% of Plan to date
? Expenses are very much lower than Plan, i.e., ~ 40% of Plan to date
Internet Sales
? 2017 Internet Sales are currently well above plan for 1* thru 3d Quarters
Miscellaneous Items
? 2017 Financial Plan/Budget - future revisions will need to address pending
Bard Street closure and relocation of FOL Bookstore; significant Operations
impacts and Revenue impacts are expected
Continuing Business
HB FOL Investment Portfolio
? Long term Investment Account Asset re-investment is still pending due to
ongoing Market volatility/ uncertainty. A reallocation of assets into a
combination of long-term growth and mid term growth funds is planned at
a future date