HartHouseAnnualReport-2017-18
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
CAPITAL ASSETS, RESERVES<br />
& ENDOWMENT FUNDS<br />
As of April 30, 20<strong>18</strong><br />
INVESTMENT IN CAPITAL ASSETS<br />
ACTUAL <strong>2017</strong>–20<strong>18</strong><br />
Balance, beginning of year 3,866,191<br />
Increase/(decrease) in commitment 904,214<br />
Balance, end of year $4,770,405<br />
OPERATING FUND (10% BUDGETED REVENUE)<br />
Balance, beginning of year 1,740,900<br />
Increase (decrease) in commitment 28,028<br />
Balance, end of year $1,768,928<br />
DEFERRED & MAJOR MAINTENANCE<br />
Balance, beginning of year 9,533,328<br />
Increase (decrease) in commitment 204,622<br />
Balance, end of year $9,737,950<br />
OTHER RESERVES (I.E., PROGRAM, ART, 100 TH ANNIVERSARY)<br />
Balance, beginning of year 1,026,132<br />
Increase (decrease) in commitment (44,739)<br />
Balance, end of year $981,393<br />
Total Reserves $17,258,675<br />
ENDOWMENTS AND RESTRICTED FUNDS<br />
Balance, beginning of year 3,469,832<br />
Increase (decrease) in commitment 307,214<br />
Balance, end of year $3,777,046<br />
Total Assets $21,035,720<br />
Opposite page: Night of Ideas<br />
38 HARTHOUSE.CA
Change language