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Kings Park West Community Association

Board of Directors Meeting Minutes

June 9th, 2021

Board Members in Attendance:  Anthony Consumano, Larry Velte, Maureen Pettis, Mark Heppner, James Bovino, Barbara Keith (Burke Community Management.)

Meeting called to order:  7:40 p.m.  Meeting held virtually via Zoom video conferencing.

Approval of May 2021 Meeting Minutes:  Approved.

Treasurer’s Report:  May 2021 financials reflected the following:  one CAB Operating Account with a balance of $12,504.17; two general fund CD's with balances of $5,521.87 and $5,504.92; one Reserve Study CD with a balance of $20,892.08; [Accounts Receivable - $6,060.23; 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 $2,457.28; bringing the total assets to a balance of $46,880.32.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:20 p.m.