Board Meeting  Notes April 2013 Financial Report: The Finance Committee presented a proposed budget for FY 2014 for review. It will be discussed and a vote on adoption will occur at the May Board meeting. The Board will request a refund of an overpayment of Greenwood’s sewer bill. ACCES: The ACCES committee continues to work on a… Read more »

March 2013 Board Meeting Notes The March meeting of the Board was held March 19. Financial Report: The budget is on target for most revenue and expense items but there were a few accounts over or under budget. However some of these were timing issues that are expected to be resolved by year end. These differences… Read more »

Board Meeting Notes February 2013 The February meeting of the Board was held on Tuesday, February 19 at 7:00 PM in the Clubhouse. Financial Report: The Financial report showed we are on target for revenue and expenses. There were some discussion about an increase in office expenses and this was due to a large order for recurring… Read more »

Board Meeting Notes January 2013 Financial Report: All the planned major clubhouse repairs were completed in December and are being expensed ahead of schedule. Transfers from reserves will be done in January to balance the budget using funds already committed to the Capital projects. The collection of the semi-annual fees are beginning to come in as well… Read more »

Board Meeting Notes December 2012 The Board of Trustees met on Tuesday, December 18, 2012, at 7:00 PM in the Garden Room. Financial Report: GVCA expenditures year to date are generally within budget. Two exceptions were the expenses incurred for the removal of fallen trees caused by the storm related to Hurricane Sandy, and repair work on… Read more »

Board Meeting Notes November, 2012 The Board of Trustees met on Tuesday, November 20, 2012, at 7:00 PM in the Garden Room. The Financial report shows that the revenue in October 2012 was slightly above the budgeted amount and the expenses were similarly lower but these differences are due to receipt of some past fees, and… Read more »

Board Meeting Notes October 2012 The Board of Trustees met on Tuesday, October 16, 2012, at 7:00 PM in the Garden Room. The Finance Committee reported that Time Warner paid the cable franchise fees owed to Greenwood from the past and are now up to date with their annual payments. Year to date, revenue and expenses… Read more »

Board Meeting Notes September 2012 The Financial report for the month of August showed that the actual to budgeted for both revenue and expenses was well within acceptable levels. Some of the variances were due to the timing of specific revenue or expense category but are well within the budget plan and annual budgeted amounts. There… Read more »

Board Meeting Notes August 2012 The Board of Directors met on Tuesday, August 21 at 7;00 PM in the Garden Room. The Finance committee report revealed that the budget vs. revenue and expenses are on target. Only 2% of our accounts are in collections. Under new rules passed by GVCA and in effect as of August… Read more »

Board Meeting Notes July 2012 The overall financial report (unaudited) at the end of the fiscal year (June 30, 2012) revealed that Greenwood Village ended the year in a positive position. Owners’ accounts that are in arrears were turned over to the lawyer for the collection process. The Board enacted a new rule that will result… Read more »