The Borden Co-op held their annual meeting Oct. 29 in the Borden Community Centre, with a handful of members present along with the board. MC for evening was Luke Walker, who is the 2020 board president.
Reports were heard from past president Darrel Wiebe, General Manager Robbie Schmidt and FCL delegate Diane Tracksell.
Schmidt gave the MLP auditor’s report and financial statements.
Directors elected by acclamation for 2020 were Diane Tracksell, Julia Orchard and Glenn Sutherland. Members with terms expiring in 2021 are Justin Block and Brett Larsen.
Sales for 2019 were: general store - $650,646; farm supply - $457,793; and petroleum - $2,265,522. Total sales were $3,373,961. In 2018 general store sales were Ìý$613,918, while farm supply sales were $431,360 and petroleum, $2,598,353 for a total of $3,643,631. Cost of goods sold for 2019 was $3,024,445 and for 2018 it was $296,409, leaving a gross margin for 2019 at $349,516. In 2018 the margin was $296,409. Net savings for 2019 were $190,711 compared to $158,036 for 2018 and patronage allocation to members in 2019 was $43,349 compared to $36,579.
A special presentation of a Glen Scrimshaw framed print was made to Roy Saunders, who had served on the board for more than 32 years.
Borden School has an enrolment of 105 for 2020-21, with 10 in kindergarten and five in Grade 12. There will be no classes Nov. 9, 10, 11 and 23.Picture day is Nov. 13.
Ìý
