Saline Ridge Homeowners Association Membership Meeting April 15, 2015

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)

Introductions Board of Directors (BOD) Brian Corey – Treasurer (retired ) 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!

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

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

2014 Financial Review

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, Board of Dir. $ Insurance $ Maintenance (Landscaping)$ Park path fund (path repair, etc)$ Landscape expense $1, Web Site $ Refunds $8,880.00(74 Houses X $120)** Total Expense $22, Net income$0.00 ** Refund of dues are not guaranteed. They depend on planned expenses.

Q & A