July 6, 2009 Minutes of Prairie Point Resident?s Finance Committee
Meeting with  Attic Angel?s  Management on Prairie Point Budget.

 

In attendance: Mary Ann Drescher, Dave Meister, Claire Merkt, Jo Ann
Ashley, Bob Dott, Warren Gableman, Leo Walsh, Tom Lessie, Hans Schneider,
Bill Bush, Ron McMurry, Silvia Graf, and Nancy Schrader

 

The audited copy of the March 2009 Consolidated Statement of Operation
for Attic Angel Association and Affiliates were handed out and explained
by Dave Meister. The budget statement was shown in two formats, one being
automatically produced, and the other a spreadsheet showing the same
figures in a different format. The group chose the original format to be
sent out every month to Jo Ann Ashley, and Bob Dott, and the committee
would receive it quarterly. This will show the budget transactions that
the Attic Angel Association board and the Prairie Point finance committee
receive each month.

 

Questions on Phase III were deferred to a special meeting that Mary Ann
plans to call in the near future.

 

Questions on the development budget were asked. Once development is
completed this will become resident?s budget.

 

It was pointed out that our service fee cover administrative and
management services.

 

Reapportioning taxes were discussed showing the inequity that is now in
effect. Two possible ways were shown that would be more equitable. 
Management will go over the suggestions and consider the method of
reapportionment of taxes