Helpful Finance Resources
September 27, 2023 Financial Update
Below are nearly final numbers for Fiscal Year 2022-2023, which ran from
September 2022 - August 2023.
Income was down $17,834 (-3.8%) compared to budget. Expenses were down significantly -$46,165 (-10.1%) as we made budget cuts. We almost balanced the budget with an annual loss of just -$956. This was 33 times better than our budgeted deficit of -$33,672.
Compared to the prior fiscal year, our income was up $40,691 (10.0%), while expenses were up a modest $3,104 (0.7%). Growth was actually pretty good and we were able to constrain expense growth so that we are on track to balance the budget going forward.