Kings Park West Community Association

Board of Directors Meeting Minutes

September 8, 2021

Board Members in Attendance:  Larry Velte, Carolyn LaRosa, Maureen Pettis, Mark Heppner, & James Bovino.

Meeting called to order:  7:45 p.m. 

Approval of August 2021 Meeting Minutes:  Approved as amended.

Treasurer’s Report:  August 2021 financials reflected the following:  one CIT Operating Account with a balance of $9,141.16; 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 - $5,820.03; 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 $2,217.08; bringing the total assets to a balance of $43,277.11.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:45 p.m.