Green Acres Home Owners Association Welcome Green Acres

Green Acres Home Owners Association _________________________________________ Welcome Green Acres HOA 2019 Budget Meeting Please: November 11, 2018 Silence cell phones No video or audio recording No dual conversation

Green Acres Home Owners Association _________________________________________ Agenda Treasurer’s Report 2018 Benefits of Membership/Membership Status 2019 Proposed Budget Vote on 2019 Proposed Budget Sewer Acquisition Update Social Committee Update Comments, Questions, Discussion November 11, 2018

2018 Budget Performance BUDGET* PROJECTED* INCOME MEMBER DUES 39900 COMEDY NIGHT 41530 1035 MISC 188 TOTAL INC 39900 42753 *Actual income through 9/30/18; projected 10/1/18 to 12/31/18. November 11, 2018

2018 BUDGET PERFORMANCE Budget* Projected* EXPENSE ADMINISTRATION 570 580 0 1260 12927 11416 LIQUOR LICENSE 1400 1000 SALARY 3200 SEWER ACQUISITION 3000 2630 SOCIAL COMMITTEE 1500 2675 REAL ESTATE TAX 3600 4400 UTILITIES 8712 10725 0 143 200 390 4118 0 39227 38419 BULDING MTCE INSURANCE WEBSITE HOST WECOME BASKET ADJUSTMENT TOTAL EXPENSE *Actual expenses through 9/30/18; projected 10/1/18 to 12/31/18 November 11, 2018

Green Acres Home Owners Association _________________________________________ 2018 Budget Performance Summary Income Expense Budget $39, 900 $39, 227 Variance $ November 11, 2018 673 Projected $42, 753 $38, 419 $ 4, 334

Green Acres Home Owners Association _________________________________________ • HIGHLIGHTS OF MEMBERSHIP IN YOUR HOA • MERCHANT DISCOUNTS • DISCOUNTED TRASH PICK-UP • $100. 00 OFF ANY ADULT GOLF MEMBERSHIP • FREE USE OF THE COMMUNITY CENTER • FREE CHILDREN EVENTS AND EVEN ADULT EVENTS • NATIONALLY ACCLAIMED “PG” COMEDIANS ON STAGE HERE • WEBSITE www. greenacresnow. com • PRIVATE FACEBOOK GROUP “Green Acres HOA” • FRIDAY NIGHT COMMUNITY DINNER, ONLY $10. 00!! • MAINTENANCE, LIGHTING & LANDSCAPING OF THE ENTRANCE • STREET LIGHT AT 22 & 900 • WELCOME BASKETS TO NEW NEIGHBORS • GARAGE SALES TWICE A YEAR November 11, 2018

Green Acres Home Owners Association _________________________________________ HOA Membership November 11, 2018 January 1, 2018 101 November 1, 2018 116

2019 HOA BUDGET EXPENSE ADMINISTRATION BULDING MTCE 4400 INSURANCE 6729 LIQUOR LICENSE 1040 SALARY 4000 LEGAL FEES 8000 SOCIAL COMMITTEE 2325 REAL ESTATE TAX 4800 UTILITIES WECOME BASKET TOTAL ANNUAL EXPENSE November 11, 2018 819 10380 240 42733

2019 HOA BUDGETBudget INCOME # 10 35 71 METHOD MONTHLY 1/4 LY YEARLY DUES YEARLY TOTAL 32. 5 3900 95 380 13300 360 25560 INCOME 42760 EXPENSE 42733 NET INCOME November 11, 2018 27

Green Acres Home Owners Association _________________________________________ To meet the 2019 expenses the Board recommends the following assessment (dues): $ 32. 50 per month $ 92. 50 if paid quarterly $360. 00 if paid annually November 11, 2018

Green Acres Home Owners Association _________________________________________ Assessment Comparison 2017 - 2019 Monthly Quarterly Yearly November 11, 2018 2017 $ 35. 00 $100. 00 $375. 00 2018 $ 35. 00 $100. 00 $395. 00 2019 $ 32. 50 $ 92. 50 $360. 00

Green Acres Home Owners Association _________________________________________ Vote on Proposed Budget for 2019 November 11, 2018

Green Acres Home Owners Association _________________________________________ Sewer Update Regional Sewer District (RSD) annexation by Taylor RSD ended in May Pursuing a USDA Rural Development Agency Loan Requires Not-for-Profit business entity Requires a Certificate of Territorial Authority (CTA) Not-for-Profit Business Entity Established Summer Working agreement with IURC for conditional CTA November 11, 2018

Green Acres Home Owners Association _________________________________________ Sewer Update Continued Engaged Steve Brock to handle loan process Lods preparing Purchase Agreement per previous LOI November 11, 2018

Green Acres Home Owners Association _________________________________________ Social Committee Update 2018 Remaining Activity Breakfast with Santa date tbd Between the “Eves” party 12/27 November 11, 2018 2019 Plans Comedy Night Jan 26 and Fall Friday Night Dinners Garage Sale Spring and Fall Easter Egg Hunt GA Night Golf July 4 th Parade and Fire-works Breakfast with Santa

Green Acres Home Owners Association _________________________________________ Budget Vote Results November 11, 2018

Green Acres Home Owners Association _________________________________________ Comments, Questions, Discussion Nominating Committee Covenants adherence Neighborhood Improvements November 11, 2018

Green Acres Home Owners Association _________________________________________ ADJOURN November 11, 2018