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Kings Park West Community Association

Board of Directors Meeting Minutes

December 11th, 2019

Board Members in Attendance: Anthony Consumano, Nancy Grant, Mark Heppner, Larry Velte, Maureen Pettis, James Bovino

Meeting called to order: 7:30 p.m.

Approval of November 2019 Meeting Minutes: Approved 6-0.

Treasurer’s Report: November 2019 financials reflected the following: one CAB Operating Account with a balance of $19,198.55; zero Cash in Transit account with a balance of $0.00; two general fund CD's with balances of $5472.26 and $5,455.46; one Reserve Study CD with a balance of $19,713.39; [Accounts Receivable - $7,967.33; Allowance for Bad Debts - ($2,282.68); Assessments Receivable - $259.90; Interest Receivable - $1.27; Prepaid Expenses - $301.19]; bringing the total assets to a balance of $56,086.67. Total Other Current Assets with balances of $6,247.01.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:26 p.m.