| HOA INCOME & EXPENSE | |
| TOTALS: HOA INCOME = HOA EXPENSE = IMPORTANT NOTE: PER ATTORNEY MANNES, THE ACTUAL NUMBERS CANNOT BE POSTED ON THIS WEB SITE BECAUSE IT IS PRIVILEDGED INFO. ONLY FOR MEMBERS OF BEACHWOOD ESTATES HOA. FEEL FREE TO EMAIL ERIKA OF MRA AND ALL BOARD MEMBERS FOR THIS INFORMATION. PER ARTICLE VIII OFFICERS AND THEIR DUTES: REQUIRED REPORTS TO MEMBERS: Annual Budget and Annual Statement of Income and Expense. "(d) Treasurer. ... and shall PREPARE AN ANNUAL BUDGET AND A STATEMENT OF INCOME AND EXPENDITURES TO BE PRESENTED TO THE MEMBERSHIP AT ITS REGULAR ANNUAL MEETING, AND DELIVER A COPY OF EACH TO THE MEMBERS." SPENDING POLICY: Per Art. VIII of the By-Laws Section 8(a &d); (a) President. The President shall ... see that orders and resolutions of the Board (the majority) are carried out. ........ (d)Treasurer. The treasurer shall receive and deposit in appropriate bank accounts ALL monies of the Association and SHALL DISBURSE such funds as directed by resolution of the Board of Directors (the majority).... |
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INCOME (Detail per MRA) BASED ON MRA REPORTS AS OF OCTOBER 20, 2003, A SUMMARIZED REPORT WAS PREPARED BY: REBECCA BOSSALINA AND CINDY GEBHARD. IF YOU ARE A MEMBER OF OUR ASSOCIATION YOU CAN CALL REBECCA OR ERIKA OF MRA FOR ANSWERS TO THE FOLLOWING QUESTIONS: POOL EXPENSE TOTAL = ? displayboard/cookies/sodas/mop/bucket/notrespass signs/bolts/swim diapers/trash can/toys/molding/screws/locks/street numbers/keys/padlocks/bandages/folders/tools/soda/hose cart/office supplies/phone/copies/guest book/trashbags/broom/shower curtain rings/case paper towels/TP/wood,screws,tile,etc/shower curtains/blinds/sheetrock/spackle/CASH FOR CASH BOX? PARTY FOOD AND SUPPLIES = ? LEGAL FEES = ? GROUNDS AND BEAUTIFICATION TOTAL = ? Todd Point Fence Cost = ? Todd Point Corner Landscaping = ? Tree Removal Cost = (Tree fell due to snow storm.) Cove Pt. Plantings = ? Morse Lane Tree Planting Project Paid in full with grant from Chesapeake Bay Trust. Grass Cutting, etc.= ? TRASH REMOVAL (For community Clean-up only) = ? MRA FEES TOTAL INCLUDES THE FOLLOWING(to date) = ? Fixed Management Fee=(Per house/Per month) Faxes, Labels, Postage, Copies (cost ea.?) = ? Newsletter (copies and postage) = ? OTHER EXPENSES: Liability Insurance = ? VFW Hall Rental (Meetings and Bull Roast Deposit) = ? Misc. Office Supplies for President: ? TOTAL EXPENSES TO DATE FOR 2003 = ??????????? HOA INCOME: Association Fees = ? (Board can increase 10% every year.) Capitol Contribution = ? Interest Income = ? Pool Income = ?
Community Event = ? Newsletter Advertisement = ? Late Fee = ? TOTAL INCOME = ? INCOME (Detail per MRA) EXTRA POOL INCOME from guest passes, etc.: ???? NOTE: The affairs of the community pool are managed by the Board of Directors and the Pool Management Company. Per Article VIII Section 8. Officers and their Duties: "(d) The Treasurer shall RECEIVE AND DEPOSIT in appropriate bank accounts ALL MONIES of the Association AND shall DISBURSE SUCH FUNDS as DIRECTED BY RESOLUTION OF THE BOARD OF DIRECTORS." TOTAL 2003 EXTRA POOL INCOME: ? TOTAL 2003 EXTRA POOL EXPENSE: ? To get this information contact MRA at 410-515-7390
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