Finance Committee
2008-2009

 

. . Acting Chair: Vee Lambert Lot 189          Vice Chair: Vacant

Secretary: Joyce Bingenheimer, Lot 406

Members
Lot #
Howard Caires

399
Larry Eginoire
207
Roger Mahoney
21
Millie Schmitz
180
John Stalzer
51
Pat Olsen
38
Committee Chair Liaison
Board Liaison
Bob Gordon
45
Bookkeeper Liaison
.Fran Bolm
242
BOD Treasurer
Bob Gordon
45
Park Manager
Dale Schoeneberger
404

 

 

 

 

Meeting Time: 2nd Tuesday at 1PM in the Activity Center Conference Room

Agenda:
Minutes:
Agenda:
Minutes:
  November 11, 2008 
... March 27, 2007 
March 10, 2009 January 16, 2007 
January 6, 2009 January 2, 2007 

2009 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