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Kings Park West Community Association

Board of Directors Meeting Minutes

January 12, 2022

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

Meeting called to order:  7:39 pm. 

Approval of December 2021 Meeting Minutes:  Approved.

Treasurer’s Report:  December 2021 financials reflected the following:  one CIT Operating Account with a balance of $18,583.73; two general fund CD's with balances of $5,522.15 and $5,505.19; one Reserve Study CD with a balance of $21,893.13; [Accounts Receivable - $9,064.83; 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 $5,461.08; bringing the total assets to a balance of $56,966.08.

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:05 pm.