COMMUNITY NEWS | FOUR SEASONS BREEZE | FEBRUARY 2015 21
At our meeting on Dec. 30, the Financial
Statements for November 2014 were reviewed
and reflected the following significant items:
Net income year-to-date was $180,340 and
total reserves were $4,671,952. The accounts
receivable (delinquencies) was $53,828. Our
total HOA expenses for November (excluding
reserve allocations) were $226,557. This was
under budget by $27,252. The front yard cost
center expenses for November 2014 were under
the monthly budget by $2,084. The Springdale
cost center expenses for November 2014 were
over the monthly budget by $865. There were no
CD renewals to be reviewed. Mary Beth Scott will
have a First Service Residential representative
attend the January Finance Committee meeting
to discuss options for investing. There was one
vendor proposal presented and it was tabled
until the next meeting in order that comparative
bids might be obtained. Accounts receivable
update by Wayne Staples noted that the number
of homeowners with delinquencies remains
essentially stable. Jeri Mupo, General Manager,
provided additional information on the HOA
telephone line locations and functions noting that
more research will be needed to arrive at a final
recommendation for reducing costs.
Our next meeting is Feb. 24 at 1 pm in the
Lodge Conference Room. All homeowners are
encouraged to attend. ~ Noel Myers
Finance Committee
The Bistro committee did not meet in December. The next meeting is Feb. 24, at 11 am in the Lodge Conference Room. All
homeowners are invited to attend. ~ William Taylor
Bistro Committee
