Showing posts with label Carry Forward. Finance. Show all posts
Showing posts with label Carry Forward. Finance. Show all posts

Saturday, December 17, 2022

Guest Blog: An open letter to: The 2022 RCSC Board, the 2023 RCSC Board Members Elect, and the RCSC Membership

The Night Before Christmas...
Actually, it's three nights before Christmas and a half day; that's when the RCSC has scheduled its "Special Session." it's December 22nd at 9 am at the SunDial auditorium. There's one purpose with one item on the agenda; to have the "second reading" of the motion to pass the 2023 budget and the lot assessment increase from $496 to $525. If you haven't watched the last board meeting, you can do so by clicking here. A good stiff cocktail, or perhaps some Prozac will make it palatable (maybe).

Saturday, November 19, 2022

Will the RCSC be closing down on January 1st?


"In my opinion, I would have to close down!"

We kid you not, at the November 17 board meeting this statement was made by the RCSC General Manager. There was a spirited debate regarding the $29 lot assessment increase buried in the acceptance of the RCSC budget for 2023. They tried to pass it at the October meeting and it was voted down, because there was some concern, or was it confusion? In either case, it failed. They brought it back up at the November meeting and once again on the agenda, all it said was Unfinished Business: 1. Motion to Reconsider. No explanation, no nothing.

Thursday, April 14, 2022

Latest Poll Results

  •  BACKGROUND:

    • On April 6, we invited you to take a poll. (Click this link to take you to the Poll.)
    • Unfortunately we had some issues with it.  Some of our valued members mentioned that they could not put their comments into the Comment boxes.

Here are the results of the poll:

Wednesday, April 6, 2022

$$$$ MONEY – WHO DOESN’T LIKE MONEY? $$$$$

 

I’ve never met a soul that didn’t like money.  How about you?

 

·      I came away from the Board meeting on Thursday, March 31st pretty upset about what I had just witnessed. 

·     While I will be the first one to tell you that I have never paid too much attention to our Management Reports or Financials (Balance Sheet/Statement of Income and Expenses) – mostly because I didn’t understand them – I DID understand what was said and am appalled at what I heard.

Friday, April 1, 2022

RCSC Board Meeting Observations on March 31, 2022 - Talk of Rainy Day Funds and Bogus PIF Placeholders

Highlights and Lowlights

 Link to the YouTube recording.

·        Approval of the Treasurer’s Report

o   Director McAdam asked management if the Carry Forward money, which is currently 2.7 M more than last year, could be illustrated differently.  Management agreed to publish it on a quarterly basis.

·        Acceptance of the Management Report