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Pharr chamber: budget on track; Avocado Fest revenue to be reclassified after finance review
Summary
The Greater Pharr Chamber of Commerce board heard a midyear financial report showing the budget on track but flagged gaps in how Avocado Fest revenue is recorded. The board approved the treasurer's report and entered a closed session to discuss Avocado Fest accounting.
Chairwoman Sonia Falcon opened the May meeting of the Greater Pharr Chamber of Commerce by asking staff to present the midyear financial update. CJ, a staff member, told the board the chamber has used about 50% of its budgeted income and has roughly 41% of budgeted income remaining at the midyear point.
The report identified membership revenue as one area currently below projection. Eloina (membership staff) told the board the chamber expects $7,150 in new/renewal membership income to be recorded and said staff plans a membership…
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