FOUR SEASONS BREEZE | MAY 2015 21
!T OUR -ARCH MEETING THE lNANCIAL
STATEMENTS FOR &EBRUARY WERE REVIEWED
AND REmECTED THE FOLLOWING SIGNIlCANT
ITEMS NET INCOME YEARTODATE WAS
AND TOTAL RESERVES WERE
4HE ACCOUNTS RECEIVABLE DELINQUENCIES
WAS /UR TOTAL (/! EXPENSES FOR
&EBRUARY EXCLUDING RESERVE ALLOCATIONS
WERE 4HIS WAS UNDER BUDGET
BY 4HE FRONT YARD COST CENTER
EXPENSES FOR &EBRUARY WERE UNDER THE
MONTHLY BUDGET BY 4HE 3PRINGDALE
COST CENTER EXPENSES FOR &EBRUARY
WERE OVER THE MONTHLY BUDGET BY
*ERI -UPO GAVE AN UPDATE REGARDING THE ONGOING SEARCH FOR
REDUCING THE TELEPHONE EXPENSES !FTER MUCH DISCUSSION A
RECOMMENDATION WAS MADE THAT WE MAKE NO CHANGE TO THE
CURRENT PHONE SYSTEM AT THIS TIME BUT DETERMINE WHAT COSTS
WOULD BE FOR 6ERIZON TO COME OUT AND TAG THE PHONE LINES
$ISCUSSION CONTINUED REGARDING THE INVESTMENT POLICY AND THE
COMMITTEE VOTED TO MAKE A CHANGE IN THE POLICY TO ALLOW AS AN
OPTION INVESTMENTS IN PRIVATELY INSURED ACCOUNTS SIMILAR TO THE
5NION "ANK PLUS ACCOUNT 4HE COMMITTEE CONDUCTED A REVIEW OF
THE DRAFT OF THE ANNUAL AUDIT AND A RECOMMENDATION WAS MADE
TO ACCEPT AS PRESENTED 4HERE WERE TWO #$ RENEWALS REVIEWED
AND RECOMMENDATIONS FORWARDED TO THE BOARD 4HERE WERE lVE
VENDOR PROPOSALS PRESENTED AND RECOMMENDATIONS FORWARDED
TO THE BOARD ! REPORT ON THE ACCOUNTS RECEIVABLE WAS GIVEN BY
7AYNE 3TAPLES INDICATING THAT PAST DUE TOTALS REMAIN NEGLIGIBLE
AND RECOVERY ACTIONS CONTINUE /UR NEXT MEETING IS -AY AT
PM IN THE ,ODGE #ONFERENCE 2OOM .OTE WE ARE BACK TO OUR
REGULAR SCHEDULED MEETING TIME OF PM ~ Noel Myers
Finance Committee
Connie Cordero, Four Seasons Resident
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FrEE hostEss giFt!
for any resident who hosts
a Four Seasons Party
2))
any purchase for
Four Seasons resident
COSMETICS
