Agenda- Finance Committee

Preliminary Agenda – Rev A

Finance Committee Meeting Tuesday January 14, 2020

9:30 AM Conference Room

 

Distributions: Previous Minutes, Financial Reports, Agenda, Association Reserves Report, Draft Revised Collection Policy

 

  1. 1. Public Comment
  1. 2.  Selection of Chair

 

  1. 3. Adoption/Modification of Agenda

 

  1. 4. Approval of Minutes

December 10, 2019

  1. 5.   General Manager’s Report
  • Updated 2019 Projections – estimated R&R Transfer at year-end
  • Discussion of HOMCO invoice mailing content and lack of Electronic Service Requested
  • Year-end Audit
  • Annual Report Preparation Schedule
  1. 6. Board Liaison’s Report
  • Board Organization
  • Finance Committee Liaison
  • Board actions on Finance Committee recommended motions
  1. 7. Financial Reports
  • Review of December 2019 Report and Bank Statements
  • Recommendation for 2019 Transfer to R&R Reserve
  • Recommendation for 2019 Trial Balance
  • Review of AR and Collections
  • Key Performance Indicators
  1. 8. Repair/Replacement Reserve
  • Spreadsheet Maintenance
  • Association Reserves Report
  1. 9. Revised Collection Policy

 

  1. 10. Other Business

 

  1. 11. Next Meeting

February 11, 9:30 AM, Regular Finance Committee Meeting

February Special Meeting to review Auditor Report and recommend to Board

  1. 12. Adjourn