Annual General Meeting Home Owners Association Tuesday, Nov 12th
Today’s Agenda 1. Meet the Directors 2. President’s Update 3. Highlights for Neighborhood Updates – Financial Report 6. Proposed 2014 Budget 7. Nominations and Elections of Board Positions 8. Question and Answers
Meet the Directors Brad Halbach Shylleza Vasisht Chadd Merrigan Anna Martca
President’s Update Rules enforcement was a success and we will continue next year Another great year of home sales and home values continuing to rise Formalized our Rules in regards to painting Phase 1 and 2 all homes required to be painted by the end of 2014 Phase 3 all homes required to be painted by the end of 2015
Highlights and Updates for 2013 4 th of July – Great turn out and great weather Special thanks to Timberlake Church for donating the inflatables Fedex project completed and 188 th opened through to Union Hill Irrigation improvements in phase 2 and trees replaced Parking revisions on NE 68th
Project Ideas – Volunteer Opportunities Litter prevention committee Group Pricing Committee (negotiate things like mulch, river rock, painting) web resource Help (web info projects like paint schemes, recommended contractors, self-edits of contact info, voting page, etc.) pave-the-park squad (for lobbying the city for investments in the public park) Welcome to Woodbridge Wagon Tool Share Network(for sharing ladders, loppers, sawhorses, etc.)
Your Ideas… We would like to take hear your ideas on what can be done in the community.
YTD Income & Acct. Balances INCOME Annual Dues145, Other Inc Other Inc:Checking Interest540 Other Inc:Escrow Fees2200 Other Inc:Fines25 TOTAL INCOME148, ASSETS Cash and Bank Accounts12/31/201211/3/2013 Checking32, , Savings80, , TOTAL ASSETS112, ,954.06
2013 Expenses - YTD EXPENSES Uncategorized47.61 Administrative Administrative:Bank Fees Administrative:Enforcement4, Administrative:Insurance2, Administrative:Licensing10 Administrative:Misc15 TOTAL Administrative6, Community Improvements21.53 Landscaping Landscaping:Backflow Testing (Annual)617.6 Landscaping:Bark12, Landscaping:Improvements6, Landscaping:Irrigation Repairs8, Landscaping:Landscape Repairs1, Landscaping:Maintenance (Monthly)63, TOTAL Landscaping92, Social - Events Social - Events:Annual Meeting Social - Events:July 4th1, TOTAL Social - Events1, Tax Utilities Utilities:Electric1, Utilities:Water45, TOTAL Utilities46, TOTAL EXPENSES148, OVERALL TOTAL
Annual Dues for 2014 Single Family Dues $475 Town Home Dues $285
2014 Budget Income INCOME Annual Dues Town Homes$18,810 Single Family Homes$133,000 TOTAL Annual Dues$151,810 Other Inc$0 CD Interest$300 Escrow Fees$2,400 TOTAL Other Inc$2,700 TOTAL INCOME$154,510
EXPENSES Administrative Social - Events Bank Fees$120 Annual Meeting$500 Insurance$4,000 July 4th$2,000 Legal Fees$1,000 Other Events$1,000 Postage - Mailings$500 TOTAL Social - Events$3,500 TOTAL Administrative$5,620 Taxes$300 Community Improvements$20,000 Utilities Landscaping Electric$3,000 Backflow Testing (Annual)$800 Water$35,000 Bark$0 TOTAL Utilities$33,000 Irrigation Repairs$8,000 TOTAL EXPENSES$159,220 Landscape Repairs$10,000 Maintenance (Monthly)$66,000 Playground Wood Chips$2,000 TOTAL Landscaping$86, Budget Expenses
Open Nominations What are you passionate about? Parks, Events, Administrative, Social Your chance to make a difference! Influence community decisions
Election of Directors 3 Director posts up for elections Term ending Candidates for Director’s posts
Open Forum Question and Answers