GM Viola issues statement on June financials 

Ocean Pines Association General Manager John Viola issued the following statement about the recently released June 2019 financials, the second monthly report issued for fiscal year 2020.  

“We had a positive operating fund for the month of June by approximately $52,000, mainly due to favorability at the Yacht Club, marinas, Beach Club, and Recreation and Parks,” Viola said. “We were unfavorable to budget at the Aquatics and Golf operations.  

“Year to date, we are favorable to the budget after two months by about $254,000. In comparison, last year we were unfavorable to budget by approximately $138,000,” Viola said.  

Fiscal year 2019, which closed on April 30, finished roughly $120,000 ahead of budgeted numbers, despite the early signs of being unfavorable 

“We believe our team is firing on all cylinders right now and we look forward to continuing this positive trend,” Viola said.  

To view the June 2019 financial report, visit www.oceanpines.org/wp-content/uploads/2019/07/JUNE-FY20-OPA-FINANCIAL-REPORT.pdf. 

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