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Saline Ridge Homeowners Association Membership Meeting April 15, 2015.

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Presentation on theme: "Saline Ridge Homeowners Association Membership Meeting April 15, 2015."— Presentation transcript:

1 Saline Ridge Homeowners Association Membership Meeting April 15, 2015

2 Agenda 2014 Year in Review 2015 Goals & Objectives 2014 Fiscal Year Financial Review 2015 Fiscal Year Preliminary Budget Review Call for New BOD Member Q & A Session (Please hold all questions until the end of the presentation)

3 Introductions Board of Directors (BOD) Brian Corey – Treasurer (retired 3-15-2014) Jeff Luther – Director Keith Marco - Director Steve Mareno – Treasurer Matt Sabourin– Director TBD – Director We have one vacancy to fill on the board this year!

4 2014 Year in Review Replaced basketball hoop in park Renewed contracts for lawn maintenance and cul-de-sacs Held Easter Egg Hunt, Block Party, Neighborhood Garage Sale, & Halloween Party Reviewed / Approved Architectual improvement requests

5 2015 Goals & Objectives Operate in “Maintenance mode” Continue by-law enforcement Annual events: –Block garage sale – May 8 th /9 th, 9-3pm –Block party – September TBD, 2-5pm –Halloween pizza party - Oct. 31, 5:30-6pm Other – as communicated from the Association at large

6 2014 Financial Review

7 2015-16 FY Preliminary Budget Budget & Assessment will be finalized by Board members Saline Ridge Home Owner Assoc 2015 Budget Income $22,200.00(74 Houses X $300) Expenses Social $3,000.00 Board of Dir. $300.00 Insurance $575.00 Maintenance (Landscaping)$8200.00 Park path fund (path repair, etc)$1020.00 Landscape expense $1,500.00 Web Site $225.00 Refunds $8,880.00(74 Houses X $120)** Total Expense $22,200.00 Net income$0.00 ** Refund of dues are not guaranteed. They depend on planned expenses.

8 Q & A


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