East Wood VFD receives operational expenses from four sources.
1) STATE FUNDS: This fund comes to us via maintaining current and accurate reporting to the State Fire Marshals office. Theses funds are received every 3 months.
2) WOOD COUNTY COMMISIONERS : This sources provides us with a once a year fund.
3) EVENTS: Fund raising events such as the photo fund raiser, ice cream social, and dinners.
4)DONATIONS : These funds come from the community members and business’s in the area. Donation letters are mailed out to all 3,872 address’s in the area.
THE CURRENT POLICY OF THE EAST WOOD VFD IS ,MAINTAINING AN OPEN BOOK POLICY. ANYTIME ,ANYONE WOULD LIKE TO LOOK AT THE TREASURER’S BOOKS, MEETING NIGHTS ARE EVERY TUESDAY AT 7:00 P.M. OR CONTACT US BY PHONE OR EMAIL ARRAINGMENTS SHALL BE MADE TO ACCOMODATE YOU.
East Wood VFD utilizes a fiscal year budget starting July 1st and ends on June 30th of each year. The Board Members meet in May to start the upcoming yearly budget plan. The new budget is now based off of factual numbers from the previous year .
2014-2015 BUDGET YEAR ( as of may 25,2015)
STATE MONEY 46,965.20
WOOD COUNTY 19,473.00
TOTAL FUNDS AVAIALBLE FOR 2014-2015 WAS 81639.71
THE TOTAL EXPENSE AS OF MAY 25 2015 77,718.38
TOTAL AVAILABLE FUNDS REMAINING 3,921.33
The State money is earmarked for the loans on the trucks first, currently our Engines 61 ,Brush truck 69 and Engine 66 have loans thru Wesbanco . Every 3 months a payment is made in the amount of 7,015.86 . The remaining $4,725.44 State money has limitations on what it can be used for .
The Wood County Commission money is used for any needs. this year it has paid $14,368.24 in vehicle and building insurance, a rescue saw ,portable scene lighting and highway safety warning devices.
Donation money is used for all other expenses. Prior to the March 2015 donation letter being mailed to the community , East Wood VFD had only received $4,354.51 in donations. we have since received an additional $10,245.00 for a yearly total of $14,599.51. donations are important to us , these funds allow us to continue to operate. Some of the expenses they are used for are :
Workers Compensation 11,158.00 per year ,utilities ( cable , electric , natural gas, truck fuel , propane and water ) these alone total to over $14,771.66 , truck maintenance $12,445.48 .
Donations can be made by mailing your check , money order or cashiers check to the : East Wood Volunteer Fire Department. PO Box 6, Davisville, WV 26142.
Thank you for your continued support. We could not do it without you!