President’s Comments

President’s Comments – January 2012

The financial reports presented in the Shores News represent a new 2011 YEAR END report (click here for list of reports). It contains four basic sections: Revenues, Operating Expenses, Other Expenses and Cash Position for the year. The Revenues and Operating Expense sections have been published previously. The section on Other Expenses needs a little explanation: These are legitimate Association expenses that are reported in the financial reports and not on the old income/expense reports with which you are familiar. Al rubosky, Gary Stamm and I thought it would be very helpful if these were reported to the membership. In addition, a brief statement of the Association’s cash position is reported on the bottom of the page. The Cash on Hand as of January 1,2011 (residual from 2010) was $3313. The gain in Cash during 2011, after all expenses were paid, was $26,260. Adding the two numbers results in the Cash on Hand as of December 31, 2011. This is commonly referred to as the RESIDUAL.

If you have any questions or comments about this report, you can contact me at the office by phone or email.

The Treasurer’s Report and a summary of our accountant’s report are also included.

E-Mail Blast Sign-Up
email-blast




View previous campaigns.

Roaming Shores, OH
January 19, 2018, 4:55 am
Intermittent clouds
Intermittent clouds
22°F
real feel: 10°F
current pressure: 30 in
humidity: 75%
wind speed: 11 mph SSW
wind gusts: 16 mph
sunrise: 7:46 am
sunset: 5:23 pm
Forecast January 19, 2018
day
Mostly sunny
Mostly sunny
37°F
Forecast January 20, 2018
day
Partly sunny
Partly sunny
44°F
Forecast January 21, 2018
day
Cloudy
Cloudy
41°F