Kings Park West Community Association

Board of Directors Meeting Minutes

July 12, 2017

Board Members in Attendance: Nancy Grant, Larry Velte, Mark Heppner, Carolyn LaRosa, and Jim Bovino.

Meeting called to order: 7:35 p.m.

Approval of June 2017 Meeting Minutes: Approved 4-0.

Treasurer's Report: June 2017 financials reflected the following: one CAB Operating Account with a balance of $9,394.94; two general fund CD's with balances of $5,362.36 and $5,345.89; one Reserve Study CD with a balance of $19,121.27; Other Current Assets with balances of $2,284.25 (Accounts Receivable - $3,048.67; Allowance for Bad Debts - ($1,066.88); Interest Receivable - $1.27; Prepaid Expenses - $301.19); bringing the total assets to a balance of $41,508.71. 

Old Business:

New Business:

Hearing no further business, the meeting adjourned at 8:32 p.m.