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Kings Park West Community Association

Board of Directors Meeting Minutes

 June 14, 2023

Board Members in Attendance:  Larry Velte, Carolyn LaRosa, Maureen Pettis, Mark Heppner, Sharon Decker, and Diane Jeffers.

Meeting called to order:  7:31 pm. 

Approval of May 2023 Meeting Minutes:  Approved.

Treasurer’s Report:  Board did not receive May 2023 financials in time for meeting.  Subsequently provided, the financials reflected the following:  one CIT Operating Account with a balance of $9,234.93; two general fund CD's with balances of $5,524.08 and $5,507.11; one Reserve Study CD with a balance of $22,901.02; [Accounts Receivable - $6,858.14; 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 $3,255.19; bringing the total assets to a balance of $46,422.33.

Old Business:

New Business: