March 2009 Minutes
Present at meeting: Brad Clary, Lisa McAfee, Judy Gallagher, Ingrid Talwin, Pam Clary, Frank Killian and Richard Martin
President welcomed new board members and gave his goal statement.
Budget for new year was presented:
Secret Cove Expenditures Forecast March 9, 2009 Bank Balance as of 12/31/2008: 25,770.07 BB&T checking account $10,575.96 BB&T Treasury CD 15,194.11 Dues to be collected for the year 2009 44,400.00 ESTIMATED DEBITS FOR 2009: Landscaping – Rogers Landscaping 27,600.00 Signs: 500.00 SCE&G 2,500.00 Entrance Lighting 80.00 Supplies (printing directory, postage, envelopes, etc.) 500.00 Insurance 525.00 Taxes for common areas 45.00 CPA Expenses 450.00 Boat Storage & Boat Ramp Areas 1,000.00 Social-including Welcome Baskets 1,900.00 Miscellaneous expenses & repairs 2,500.00 Estimated Credits for 2009 70,170.17 Estimated Debits for 2009 46,100.00 ESTIMATED BALANCE 24,070.17 FOR FUTURE EXPENDITURES Bank Account as of 6/30/09 45,941.22
Budget was discussed. Landscaping expenditures and plans were discussed at length.
Meeting was adjourned.