Attendees:
Ron Woo
Melissa Bowen
Sophia Phillips
Diane Nicholson
Jim Gooding
1. Treasurer presented current fiscal year budget expenditures. We have received the first county check and are expending accounting lines at expected rates.
2. Treasurer presented straw budget for next fiscal year detailing what
items are set based on mortgage and normal bills. All other expense
lines (long-term reserve; major projects; playground; tennis courts &
basketball court) were discussed. Amounts were determined based on
possible expenditures next year and long-term planning.
3. Group determined that the entrance signs would not get done this fiscal year just due to timing but they may be done next year. This was considered for the budget.
4. Budget plan for presentation to the community was approved. The amount was lowered so that we could decrease the tax rate on each household from .23% to .215%.
5. Group determined to move forward this fiscal year with mulch for the
playground; the sunshades and net for the tennis courts; possibly some
sealant for the basketball court; possibly take down some dead trees and
grind some old stumps. If there is enough money we could replace a
couple of the dead trees.