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www.lakevikingmo.com
April 2021
VVA Board of Directors Annual Meeting Call to Order Tony Gronniger, lot 2281, called the meeting to order, held in the upper level of the clubhouse as well as via Zoom at 6:34 p.m. Board members present were Mark Leggett, lot 72; Celeste Armanees, lot 62; Troy Lesan, lot 576; Marvin McNabb, lot 28; Mike Booth, lot 2380; and Allan Slavin, lot 181. Mark Leggett led in prayer. Shad Mort led the Pledge of Allegiance. Tony Gronniger opened the meeting with the Vision/Mission Statement: “Lake Viking is a private lake aspiring to preserve our community and environment for future generations.” Approval of Minutes Troy Lesan moved to approve the minutes of the February 14, 2021 board meeting. Celeste Armanees seconded; motion passed. Committee Reports: Handbook Committee Celeste Armanees reported the committee has one proposed rule change to be discussed later in the meeting under board discussions. Finance Committee Finance Committee met via Zoom on Thursday April 8. Attending were John Kmetz (chair), eight other committee members, and board president Tony Gronniger sitting in. Financial statements were reviewed with attention given to several line item expenses that were above last year’s. Administrative expense was larger due to extra expenses incurred at our annual meeting and additional expense for implementing our new office phone system and safety app. Office expense was disproportionately high this time of year due to seasonal expense of statements (dues invoices), membership cards, etc. Propane cost was also higher but we have everything topped off and should be good until September. Money (dues payments) are coming in now, and the money that we’ve had in checking
Volume 33, No. 12
April 11, 2021
will sustain us without having to dip into bucket one of the Morgan Stanley fund, which presently has earnings of approximately $8,000 above the amount invested as of April 9. Another line item that looks different is #7100 Campground Expense, which is way above last year’s amount. The reason for this is accurate tracking. Sally has pulled campground’s usage out of VVA electric, water, and trash expense and instead put it under campground expense. Going forward, the finance committee would like to further differentiate campground non-utilities vs. campground utilities by creating a new line item “#7101 Campground Utilities” to track these higherdollar expenses of electric, water, and trash. So going forward, VVA electric, water, and trash expense line items will show lower due to the corresponding amounts appearing under new line item 7101 Campground Utilities. That means the existing line item 7100 Campground Expense will be non-utility expenses such as gravel, repairs, a small annual cost for lagoon maintenance, etc… and eventually campground manager reimbursement. Mowing expense will be handled just as it is with association lots. Individual campground members will be billed, just as association members are billed if our staff mows their lots. It was further noted that moving campground’s labor expenses, such as wages paid for bathhouse cleaning and other staff wages, to a generic line item would complicate the reporting of wages for end-of-year taxes. Instead it was agreed that Shad would document these labor expenses as they occur, to track on a separate schedule then add at year-end to campground expense, so can accurately calculate the new campground fee structure for 2022. These and all items will be compiled in September so VVA can calculate total income vs. total expenses and thus set “selfsustaining” campground fees for 2022, according to the campground study recommendation.
THE VIKING VALLEY ASSOCIATION
PHONE NUMBER IS CHANGING PLEASE USE THE FOLLOWING NUMBER:
660-322-9001 Next VVA Board Meeting
May 16, 2021 6:30PM
at lower level of the clubhouse
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All members in good standing are welcome and encouraged to attend. If you want on the agenda, you must notify the office on or before the Monday prior to the board meeting.
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What’s wrong with this picture?
Can anyone identify a problem here? Has there been a natural disaster? Clean-up from a tornado? Earthquake? Heck no – this is just a typical weekly scene at the Association Dumpsters in the maintenance area. As for the answer to the previous question . . . please read Marvin McNabb’s article on page 6. This is his second article on a growing problem at Lake Viking.