March 2012 Forest Heights Newsletter

Page 1

BOARD NOMINATIONS It’s time to run or nominate someone for the HOA Board of Directors

FROM THE MANAGER’S DESK We’re looking for a few great volunteers. Join us!

COMPLIANCE CORNER

SPRING BREAK AND SERVICE

Are you aware of the HOA’s policy on visibility of trash cans?

How to Spend a Few Thousand Seconds this Spring Break

pinnacle press

NEWS AT FOREST HEIGHTS COMMITTEE ASSIGNMENTS MARCH•2012 & GOALS FOR 2012 One source of strength of the Forest Heights Homeowners Association lies in the active participation of residents who voluntarily serve on association committees. These committees provide the broadest possible representation of residents in both the planning and decision-making process of the community. The Forest Heights board could not perform its duties nearly as well without the active support and work of our valued committees and truly values the time, effort and contributions of all volunteers. Last month, the board was presented with the following goals and objectives for each committee, and fully supports their priorities for 2012.

Budget & Finance Committee

• Monitor, review and update the Common Area and Private Street reserve distributions and requirements for 2012 and 2013 to adequately fund reserves on a long term basis

• Analyze current operating expenses (e.g. salaries and benefits) to identify potential savings

• Create and submit the 2013 recommended budget to the Board of Directors

• Review annual audited financial statements for board approval

• Prudently invest association assets to preserve principle according to the Investment Policy.

Monitor the 2012 budget relative to actual financial performance and recommend corrective actions as necessary On a monthly basis:

• Monitor, evaluate and pursue corrective actions regarding account receivables

• Monitor collection practices and analysis of legal costs

continued on page 2 

IN THIS ISSUE

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Committee Updates

1-3

Request for Board Nominations

4

Easter Egg Hunt

6

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From the Manager’s Desk

8

St. Patrick’s Day Leprechaun Hunt

9

Community Events Calendar

10

  

Volunteer Reception

11

2011 Real Estate Recap

11

Spending Spring Break in Service to Others

12-13

Home Improvement and the ARC Process

14

  

Garbage Cans in View?

15

New HOA Website

16

FHHOA March Calendar

20


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