Print

Kings Park West Community Association

Board of Directors Meeting Minutes

May 18, 2022

Board Members in Attendance:  Larry Velte, Maureen Pettis, Mark Heppner, Jim Bovino, and Diane Jeffers.

Meeting called to order:  7:35 pm. 

Approval of April 2022 Meeting Minutes:  Approved as amended.

Treasurer’s Report:  April 2022 financials reflected the following:  one CIT Operating Account with a balance of $15,231.41; two general fund CD's with balances of $5,522.43 and $5,505.47; one Reserve Study CD with a balance of $21,894.22; [Accounts Receivable - $6,304.63; Allowance for Bad Debts - ($3,905.41); Assessments Receivable - $259.90; Interest Receivable - ($258.63); Prepaid Expenses - $301.19]; total other current assets with balances of $2,701.68; bringing the total assets to a balance of $50,855.21.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:40 pm.