Our cash position easily provides enough to prepay the
insurance which we have now started paying.
Our assets mostly in cash have hit a new record. All our cash in in banks in CDs or money
markets
We funded all 12 months of Reserve Funding and Deferred
Maintenance in 2016.
We were a little over budget for utilities and for general
maintenance but well under in other areas.
Our collections issues are de minimus
We are in the process of planning projects for 2017, if you
have any thoughts and ideas please feel free to contact a board member
And if you have any questions please contact me Ed Fortunato
