Cohousing-L Mailing List: Re: Budget Surplus

[Mac Thomson (macthomson]

Our unspent contingency funds get automatically added to our reserves balance.

-- 
Mac Thomson

Heartwood Cohousing
Southwest Colorado
http://www.heartwoodcohousing.com


"Whatever you can do or dream you can, begin it, boldness has genius, power, 
and magic in it. Begin it now."
      - Goethe
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> On Aug 22, 2024, at 11:58 AM, Stuart Selig <stuart.selig [at] gmail.com> 
> wrote:
> 
> Hi, Folks. How are unspent contingency funds from annual budgets handled?
> Are they rolled into next year's operating budget, dispersed back to the
> community, or used to fund other projects?
> 
> Thanks.
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