1. 2019 HOA Annual Meeting

2. Agenda Welcome and proof of notice
Introduction of Current HOA Board of Directors
Review 2018 Expenditures & 2019 Budget
2018 Accomplishments
2019 Plans
Future focuses
Nomination & election of new Board of Directors

3. 2018 Board of Directors & Home Association Solutions
President: Neil Sickendick
Vice President: Libby Hayes
Treasurer: Sarah Heine
Secretary: Brian Tannahill
Member: Steve Allee
HAS Representative: Dylan Stang
Our Mission: To make Shannon Valley a great community for current homeowners and a desirable neighborhood to prospective residents!

4. 2018 Balance Sheet as of Annual Meeting

5. 2019 Proposed Budget - Income

6. 2019 Proposed Budget – Administrative Expenses

7. 2019 Proposed Budget – Commons Area, Trash, & Total Operating Expenses

8. 2019 Proposed Budget – Reserve Income & Expenses

9. 2018 Financial Summary $3,605.66 in the BofA operating account
$91, in the BofA money market account
$5, in accounts receivable
Two residents are multiple year debtors (89% of debt)
$20, in 2019 dues prepayments and credits as of today.
In total, the association is projected to end the year with $63, in total reserves (down from $89, in 2017).
In total, the association is projected to end the year outperforming the budget by $11,642.93, but decreased total reserves by ($24,535.07), including accounts receivables.

10. 2018 Accomplishments Completion of College Blvd Fence project
Common area enhancements:
Little Free Library – (thank you Paul Wildgen & Tim Elliott)
Benches near SV Park Playground – (thank you City of OP)
Landscape clean-ups around monuments
Cost Savings:
New Waste Management Contract – approx. $3,000 savings in 2019
Storage unit contract revisited – approx. $500/annual savings

11. 2018 Accomplishments Cont’d.
Communication:
Doubled the number of homeowners using Nextdoor.com
Increased website views (24/day to 27/day), website usability
Events:
Easter Egg Hunt
Garage Sale
4th of July Celebration/Parade
Oktoberfest

12. 2019 Plans Additional Social Events: Movies in the park
Shannon Valley Day of Service
4th of July: reserve SV Commons/parking lot only for SV residents
Common Area Improvements:
Parking lot lighting (solar)
Replacement of trees along west side of Grant Blvd entrance
Explore permanent storage building for convenience/elimination of storage unit
Gas Grill available for SVHA events and with reservation of pavilion

13. 2019 Plans Cont’d. Communication
Continue to grow website/Nextdoor.com presence, digital directory
Transition to digital newsletters with limited print availability
Expense/Revenue
HOA Management Company RFP
Landscape contract review
Evaluate possible bank changes
Future financial evaluation
Establish Standing Committees (block captains, social, longterm planning, document review, other?)

14. Future Focuses Expenses/Revenue:
Trash contract increases – 3% annually
Expected utility increases
Landscape inflation increases
SVHOA capped at $150 annual assessment
Keeping SV attractive to current/prospective homeowners
Lot maintenance/upkeep
Amenities/events
Governing Document Updates

15. Election of 2019 Board of Directors
Five positions open
Neil Sickendick, Libby Hayes seeking re-election to board
Board Positions to be determined by new board
Nominations and stump speeches
Election
Announcement of new board and first meeting

16. 2019 Nominees
Scott Easterhaus
Brian Tannahill
Neil/Libby

17. Parting Thoughts
Please contact a board member or HAS with ideas/thoughts to improve SV; any issues/concerns/questions
Utilize website/Nextdoor.com to update contact info, stay current on events/activities
Volunteer for committees or event assistance
Keeping our neighborhood great starts with each of us!

18. Thank you for participating!