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Capital Appeal Financial Advisory | Trinity Camp Hill

By | November 9, 2021 Council Reports

Capital Appeal Financial Advisory Report – Submitted by Bob Frymoyer Next meeting on Tbd. Summary of October
1) receipts of $37,800 plus transfer of $2600 unused and remaining of campaign expenses (includes a single pledged $30,000 payment). Other member receipts totaled $7,600.
2) $45,000 Appeal fund balance as of October 31
3). $63,000 in outstanding pledges of which roughly $50,000 can be expected, likely approximately $ 15,000 for the remainder of this year.
4) Finance Committee action to apply an additional $10,000 from Ron Katzman estate to be applied in November.
5) how and when to repay our $84,000 in internal loans (35,000 from budget positive cash) to be determined.
6) $191,000 external bank loan remains with $4100 in monthly debt service payment .
7) need to determine how much of 2022 budget receipts need to be applied to debt service.
4).

By | September 8, 2020 Council Reports

Capital Appeal Financial Advisory Report – Submitted by Bob Frymoyer Next meeting on TBD. There is nothing significant to report since last month. revenues last month were $12,000 whereas the monthly average year to date is $20,000. We will be closely monitoring the upcoming months accordingly.
The Appeal Status Report and update to our Plan of Finance as presented and discussed at last month's Council meeting was distributed through our WEB and various other TLC media outlets.