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South Pasadena Tournament of Roses Committee approves September financials showing $276,852 total balance

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Summary

Committee approved the September financial report showing $3,204 in checking, $93,490 in the 501c3 account, and $180,157 in savings for a total of $276,852.

The South Pasadena Tournament of Roses Committee approved its September financial report at the group’s September meeting. Treasurer Sandy Fielding reported account balances as of Aug. 31: $3,204 in the checking account, $93,490 in the 501(c)(3) account and $180,157 in savings, for a combined total of $276,852.

A motion to approve the financials was made and seconded; the committee voted to approve the report as submitted. No additional expenditures or budget reallocations were authorized during the meeting.

Members did not provide further line-item detail in the meeting; the treasurer’s report covered month-end balances only. The committee’s administrative items next include pending fundraising events and vendor invoices tied to float construction and souvenir sales.