by Mike Bossio, Treasurer
Our Operating Fund is currently (February 28) sitting at $188,005.51 up from $180,053.90 in January. The Reserve Fund is now up to $1,110,275.08 compared with $1,093,143.85 in January. We deposited the planned RF monthly deposit of $17,046.17. It is early in the year but so far everything is going as planned.
As a reminder, starting this year, I will give you a quarterly update on the Reserve Fund as it compares to the Reserve Advisors Quarterly Anticipated Reserves. Recall that the Reserve Advisors Quarterly Anticipated Reserves is a calculated estimate.
Clearly this is a short report but nothing of consequence has occurred to date. I will continue to keep you apprised of our performance on a monthly basis.