January 16

January 16

Postby Administrator » Mon Feb 12, 2018 4:07 pm

ROTONDA WEST ASSOCIATION, INC.
BUDGET & FINANCE COMMITTEE
TUESDAY, January 16, 2018
2PM – 3:30PM
646 ROTONDA CIRCLE


The meeting was called to order by the Chairman at 2:00pm.

ROLL CALL:
Present: Hank Killion (Chair), Russ Kulp, David McGrath, Lois Burger

Absent: Sam Besase, Wayne Legris

RWA Staff: Scott Feldkamp, Manager
Guests: Patty Cowan, Patty Aho

1) Meeting was called to order at 2pm by the Chairman.

2) The November minutes were approved.

3) Review of Year end Treasurer’s Report and Financial Reports:
We ended the year with a $ 30,193.90 positive variance to spending budget.

4) Currently we have collected over $700,000 of the 2018 assessments.
This is well ahead of last year.

5) We will begin an e-mail approval of the minutes. This will also allow the webmaster to post in a more efficient manner.

6)A reserve discussion was had to better define what constitutes reserves. We have initiated a reserve study by an out side vendor to better determine minimum funds that should be set aside for reserves.




Respectfully submitted
Hank Killion - Treasurer
Administrator
Site Admin
 
Posts: 323
Joined: Mon Jan 12, 2009 12:42 pm

Return to 2018

Who is online

Users browsing this forum: No registered users and 1 guest

cron