We received our unaudited year end financials from our accountant today. We wanted to share some financial highlights;
Overall it was a good year for Island Gate; we kept up with all our required maintenance and paid our bills even the more expensive insurance bill, tried and succeeded with our new pool filtering system, changed the house lights and removed numerous dead trees in the community. We were also able to save $80,000 for deferred maintenance and reserves for the future, that is a new record for our community. In addition our delinquent owner balances are minimal. We also didn’t pay for any snow removal but that should change this year. Overall pretty good.
If anyone would like to see our unaudited year end financials please feel free to contact AA or our treasurer Ed Fortunato.
In discussion with fellow board members, we have initially outlined some tasks we would like to accomplish in 2014
· Seal driveways
· Possibly seal the streets again
· Replace some trees lost
· Paint pool bathroom floors
· Power wash pool house and pool area
· Hold a community cleanup day on March 29th with a rain date. So save the date
· Plant flowers and shrubs on that date
If you have any thoughts on what can be done to make the community better please let us know, we the board are here to serve the community.
Thanks and best regards
