Finance Committee Meeting Minutes
September 6, 2006

 

Time: 5:00 PM to 6:30 PM
Present: Toni Hoyman, Michele Adams, Dave Hockman-Wert, Anne White, Liz Kelly and John Nichols
Absent: Dana Allen
Scribe: Kevin Oder

 

STANDARD BUSINESS:
Owner Comment: None
Announcements & Affirmations: None
Calendar and Timeline: The next meeting will be October 4 at 5:00pm.

SUBMITTED AGENDA ITEMS:

Review of July Financials
· Income Statement:
· Balance Sheet
· Cooperative Grocers Survey
· Will have Dana e-mail information about how the Energy Tax Credit was handled.

Marty Schulz Training

Discussed financial contingency plan. The plan is greater than what many companies have in place. It adequately meets our needs.

Reviewed 2nd quarter financials. Our growth rate is above eight percent which is below our budgeted target, but better than many Corvallis businesses.

Meeting adjourned: 7:00pm