FOUR SEASONS BREEZE | JANUARY 2025 29
Finance Committee
During the Finance Committee's regular monthly meeting,
the financial statements for October 2024 were reviewed and
recommended for Board approval. In addition, the committee
reviewed expenditure proposals for various recommended projects
in the community. We also reviewed investment recommendations
to move maturing investments to higher-yield FDIC insured
instruments. Highlights of the October financial statements are:
Total Cash is $13,787,313, including operating cash of $2,157,488
(checking and CDs) and reserve assets of $11,184,720, and
reconstruction assets of $445,105. Our total year-to-date current
income is $103,257.
Homeowners are welcome to join us at the Finance Committee's
regularly scheduled monthly meetings held on the last Tuesday of
each month. Our next meeting will be Tuesday, Jan. 28 at 1 pm.
The Finance Committee reviews and discusses many issues that you
may have questions about. Please attend to become more familiar
with our finances. At the beginning of each meeting, we allow
three minutes per homeowner not to exceed 30 minutes in total for
comments. Our meetings are held in the RCN Conference Room.
If you have any questions or concerns, contact Jolene Cooley
joleneaudit@gmail.com. ~ Jolene Cooley
