Glenda Collins - Lot 398 Chair

Member	Lot #
Larry Eginoire	207
Ray Fassbender	141
Don Frank - acting secretary	337
Morrie Lawler	365
Ken Macomber	331
Roger Mahoney	21

Board Liason	Lot #
Mary Anne Brunner	491

 

 

 

 

Meeting Time: 1st and 3rd Mondays at 1PM

Agenda:	Minutes:
	Dec 2005
March 7, 2006;.
November 7, 2006
November 21, 2006
December 5, 2006
January 2, 2007
January 16, 1907
March 27, 2007

2007 Proposed Budget

Budget request for 2007: Capital Expenditures
Budget request for 2007: Supplies/Maintenance

Financial Statements

MISSION STATEMENT - FINANCE COMMITTEE

The Finance Committee serves as a resource to the Board of Directors. The Committee will work directly with the Park Manager and the Board Treasurer, the Committee liaison to the Board of Directors.

The purpose of the Committee is:

-To promote establishment of financial recording and accounting to accurately reflect the total financial position of the Co-op;

-To provide a means for the financial integrity and enhancement of monetary discipline of the Co-op;

-To promote a budget process to identify projected costs of Park operation and planned Capital Improvements;

-To review, analyze and recommend items for inclusion in the Annual Proposed budget;

-To review operating, capital improvements and contingency accounts (revenue and expenditures) monthly and to develop current budget cycle forecasts, and to update the Budget if increased revenues warrant a recommended budget revision;

-To examine (internal audit) significant variances in operating and capital projects;

-To establish guidelines for application of contingency funds and review application of such funds;

-To establish and utilize procedures to provide financial evaluations of proposed capital projects and develop long term financial plans;

-To promote the establishment of an "acquisition cost" Capital Inventory Program to establish the value of the Co-op's capital assets.

Committee Adopted 2/23/01