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What was the total amount of the patronage rebate?

April 26, 2017patronage rebate total

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What was the total amount of the patronage rebate?

1 Answer

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The board allocated $260,000 of our net savings back to owners this year. Eighty percent of this was retained by the co-op to help finance our expansion and fund programs for the benefit of the owners, and twenty percent ($52,000) was distributed in the form of rebate checks.