April 11, 2012 Oak Meadow Financial Update Cash Balance: $14,769.81 at the bank + $200.00 deposit in transit = $14,969.81 Dues Status: For 2009 – 76.1% For 2010 – 83.7% For 2011 – 94.3% For 2012 – 90.0% Next steps: I will ask Axley Byrnelson to send a notice to those home owners more than 2 years past due. Landscaping Contract: I signed a renewal for Olson Toon landscaping contract. Costs were in line with 2011. I did not do a formal RFP, but I did some high level price comparison with other firms and pricing was substantially similar. Online Banking: I signed up for electronic banking, which is free, with our current bank – Wisconsin Community Bank. This will make records retention, transition to other treasurers, etc. easier going forward. Tax Return- I filed on time our Form 1120H, an informational return, with the IRS. Corporation Filing: Axley Byrnelson will file with the Wisconsin Department of Financial service in time for our June deadline.
|