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Clifton treasurer reports $458,998 cash balance; Haunted Trail fundraiser brings roughly $25,000 net
Summary
Treasurer Marilyn Barton reported $458,997.79 in cash and a consolidated year-to-date net income of $11,893. Council heard a Haunted Trail report showing about $30,268 in ticket revenue and discussed charitable contribution guidelines and committee appointments.
Treasurer Marilyn Barton presented Clifton's financial report for the period ending Oct. 31, 2012, reporting cash balances of $458,997.79 and a consolidated year-to-date net income of $11,893 (operating net income $8,483; capital net income $3,410). Barton noted a $500 donation from the Labor Day Car Show and identified $750 in reimbursements tied to Civil War event expenditures; the council asked her to follow up with specifics on that reimbursement.
During the financial-report discussion, Council member John Powell summarized results from the Haunted Trail fundraiser: about 1,800 attendees, $30,268.10 in ticket sales, $3,200 in sponsorship receipts and $500 in-kind contributions, with expenditures around $7,000. Powell said the event netted roughly $25,000 overall and that Northern Virginia Therapeutic Riding received approximately $1,000. Council members discussed whether to adopt general guidelines for town contributions to charities associated with town-sponsored events and suggested avoiding sponsorships from political candidates.
The council also approved adding Jeff Harper, Steve Bittner and Esther Pline to the Haunted Trail Committee, a motion moved by John Powell, seconded by Wayne Nickum and approved unanimously.
