July 2016 Financials

				APPROVED
		YTD		2015 Budget
REVENUE:
Maintenance Fees		$114,156.00		$195,696.00
Interest		$2.85		$20.00
Miscellaneous		$(977.00)		$-
Total:		$113,181.85		$195,716.00
EXPENSES:
BUILDING MAINTENANCE		$47,226.30		$68,200.00
COMMON GROUNDS:		$9,888.02		$21,657.60
LANDSCAPE:		$19,606.42		$45,800.00
ADMINISTRATION:		$31,916.60		$45,932.00
RESERVE:		$6,600.00		$13,300.00
Total:		$115,237.34		$181,042.00
Income:		$2,055.49		$398.00
Assets:
First Merchants Checking		$2,380.42
First Merchants Money Market		$12,940.82
Accounts Receivable
Maintenance Fees		$9,515.05
Total:		$24,836.29
Capital:
Net Worth		$26,891.78
YTD Income		$(2,055.49)
Total:		$24,836.29

June 2016 Board Minutes

COUNTRY VILLAGE HOMEOWNERS ASSOCIATION

Minutes – June 13, 2016

Attendees:                      Sharon Eichmann, John Hedge, Max Roe, Betty Shaw, Jane Stevenson

PSG:                                  Larry Edwards, Susan Keene

Homeowners Present:  Veronica Coleman, Jim and Margaret Vernon, Kathy Messer, Steve Linson

                                          Bill Nahas, Barbara Kaiser

The meeting was called to order at 6:50 pm at the Harrison by Board President, Max Roe.  

Minutes were reviewed.  Sharon Eichmann motioned to accept and Betty Shaw seconded motion to accept minutes as read.

Financials were reviewed by Susan Keene, Jane Stevenson motioned to accept and Betty Shaw seconded motion to accept financials as read.

A letter was sent to 7946 Sunfield regarding over growth of vegetation.  Owner has two weeks to clean up or PSG will take necessary action and the owner will be billed for the work effort.

Max Roe presented bills for copies made for the amendment to the By-Laws and recording fees.  Sharon Eichmann motioned to reimburse Max for these expenses, Jane Stevenson seconded this motion.

Discussed building repairs and painting.  Also discussed tree work.  Some tree work has been done.  Other work will need to be delayed as we do not have the necessary funds to do all of the work needed.  If a homeowner needs a tree removed, there is nothing in the by-laws stating the owner could not proceed with removal and the owner to pay that expense.

Larry will get copy of bids to Board for stone work at 3038 Valley Farms.  Need response no later than Wednesday as to which company is awarded the work.

Letter sent to property owner on Piney Wood regarding landscaping issues.  Have had no response.

This concluded the general meeting at 7:40pm, Max thanked those homeowners present for their interest and attendance.

Mark your calendar for November 14^th, 2016 for the Annual Meeting.  Location to be determined.

______________________________________________________________________

Respectfully,

Jane Stevenson, Recording Secretary