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Kings Park West Community Association

Board of Directors Meeting Minutes

July 11, 2018

Board Members in Attendance:  Nancy Grant, Larry Velte, Maureen Pettis, Mark Heppner, Jim Bovino, and Carolyn LaRosa.

Meeting called to order:  7:40 p.m.

Approval of June 2018 Meeting Minutes:  Approved 5-0.

Treasurer’s Report:  June 2018 financials reflected the following: one CAB Operating Account with a balance of $9,478.44; two general fund CD's with balances of $5,344.24 and $5,327.83; one Reserve Study CD with a balance of $17,299.10; Other Current Assets with balances of $5,254.39 (Accounts Receivable - $6,018.81; Allowance for Bad Debts - ($1,066.88); Interest Receivable - $1.27; Prepaid Expenses - $301.19); bringing the total assets to a balance of $42,704.00.  

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:41 p.m.