18 FOUR SEASONS BREEZE | MARCH 2017
At our January meeting financial statements
were reviewed for the month of December,
which reflected the following significant
amounts:
Total Assets $8,107,151 including checking
$271,641 and reserve assets $5,968,813.
Operating money market and CDs totaled
$1,668,571. Total Liabilities were $193,555 and
Total Equity of $1,944,782. Net income for the
month is $38,416 and year-to-date net income
$124,001. Front yard cost center expenses were
under budget by $382 and Springdale cost
center expenses were under budget by $139.
Two vendor proposals were reviewed and
recommended for board approval. Seven
homeowners and Board Liaison, Claudeen
Diaz were present.
Current membership on the committee
includes Baron Ginnetti and Jim Ayala. Three
additional applicants were interviewed and
recommended to the BOD for approval. ~
Barry Ginnetti
Finance Committee
