Preliminary Agenda – Rev C
Finance Committee Meeting Tuesday, February 11, 2020
9:30 AM Conference Room
Distributions: Previous Minutes, Financial Reports, Agenda, Revised Draft Revised Collection Policy, Draft 2019 Financial Audit
- 1. Public Comment
- 2. Adoption/Modification of Agenda
- 3. Approval of Minutes
January 14, 2020
- 4. 2019 Independent Audit—Porch & Associates
- 5. General Manager’s Report
- Independent Audit schedule
- Production of Annual Report
- Pool Phase 2 status and procurements
- Changing Room deferment
- Insurance RFP
- Stable water leaks
- CAI and other training for GM and other staff
- 6. Board Liaison’s Report
- Board response to capital and reserve preparation calendar
- Board authorization for Treasurer investment and account decisions
- Board actions on Finance Committee recommended motions
- Motion 1 to transfer $367,810.04 from Operations to Reserves
- Motion 2 to accept corrected trial balance and forward to Auditor
- 7. Financial Reports
- Review of January 2020 Report and Bank Statements
- Review of AR and Collections
- Key Performance Indicators
- HOAMCO recommended basis for Bad Debt writeoffs—written version
- 8. Capital Project Request for added Parking Lot Lighting
- 9. Review of RFP for ECIA Insurance
- 10. Repair/Replacement Reserve
- Spreadsheet Maintenance, including reconciliation of 2019 capital/reserve expenses
- Association Reserves Report reconciliation
- Aligning Capital and Reserves GL numbers to Association Reserves numbering
- 11. Revised Collection Policy
- 12. Liability to ECIA for EAWSD activities on easement
- 13. Stable Committee update
- 14. Other Business
- 15. Next Meeting
March 12, 9:30 AM, Regular Finance Committee Meeting
- 16. Adjourn
