Community group releases financial report
The Bays Community Group has released its financial report for the last year at its annual meeting on Wednesday, February 20.
The group's opening balance was $5326.76 which included around $3000 in grants for minor works on the Bays Community Hall in Woy Woy Bay.
Income for the year was $18,894.43 made up of grants which totalled $4989.79 and income from activities.
Expenditure was $17,344.08 which included hall repairs and improvements at a cost of $5528, rates insurances and utilities at a cost of $4945.19 which left a carry forward balance of $6874.11.
The Bays Community Group has a term deposit of $5500 held on behalf of the History Group and has also commenced a Building and Maintenance Fund which has a current balance of $1155 to provide for ongoing maintenance of the hall.
The Group also received grants from Gosford Council for the Neighbour in Need program and a contribution towards its Council rates.
The Group has a current membership of 101 with 54 of those life members and 47 ordinary members.
The annual membership fee is $10 per household or $120 for life membership.
Newsletter, 6 Mar 2013
Bob Puffett, The Bays Community Group