Issue link: https://imageup.uberflip.com/i/1236849
At our March meeting, the financial statement for January 2020 was reviewed and recommended for BOD approval. Highlights of the January financial report follows. Total Assets are $10,095,512 including checking $860,723 and reserve assets of $7,824,099. Operating money market and CDs totaled $1,305,560. Total Liabilities currently are $364,014 and Total Equity of $9,731,497. There was a net income gain for the month of $65,322. Front yard cost center expenses were under budget by $6,986 and Springdale cost center expenses were over budget by $1,972. Nine proposals were reviewed. Seven proposals were recommended for board approval — one was returned for additional scope of work consideration and another for additional bids. The Committee recommended that the BOD waive rent for the Salon for the last two weeks in March and the month of April. Five committee persons and Board Liaisons, Jerry Monaghan and Jolene Cooley, were present via Zoom for the meeting. We encourage you to come to our meetings. The next meeting will be May 26, 1 pm in the RCN Conference Room or on Zoom depending on the current COVID-19 environment requirements. Please check the Daily Report. ~ Barry Ginnetti, b2ginnetti@gmail.com Finance Committee FOUR SEASONS BREEZE | MAY 2020 21 All of the activities at Four Seasons have been affected by the crisis caused by COVID-19. The Landscape Committee is not immune from the constrictions so rightly imposed by our Board of Directors. We did not hold committee meetings in either March or April. Moreover, we suspended our weekly Friday morning community walks. Our beautiful environment, fortunately, did not realize the troublesome times that have befallen residents. The trees and shrubs have continued to prosper as the days lengthen and spring brings a time of renewal. To keep the welcome plants healthy and the noxious plants at bay, maintenance activities are required. Accordingly, you've seen our landscape contractors, Artistic and Park West, working to maintain the beauty of our community. The crisis will pass, and when it does, the Landscape Committee will resume working with both of our contractors to maintain and preserve what we all value about our community. ~ Kirk Freyermuth, kafreyer@frontier.com Landscape Committee Just in case: Check with your committee chair to confirm meeting place, date, and time.