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Thank you to the residents that participated in the Financial Transparency Committee Meeting Committee Meeting Monday evening. Here is a recap of the agenda discussion items addressed by the committee.
Discussion items included:
Financials: General Manager John Bailey and Kris Dagostino, Director, Finance & Administration recapped August, September, and October 2022 financials to the committee. October YTD net income is $894,993, or $49,934 favorable to budgeted net income. View October Statement HERE.
North Star Update: Transitioning to the Northstar powered Woodlake Community Association is underway. A beta-team has been assembled to provide feedback to the “public” view of the new website. The “resident-portal” portion continues to be refined and will be folded into the next round of review. That is planned to take place in December/January.
SRC Pool Update: WCA President, Michael Traynor was in attendance and shared an update on the project. At this point, the project is on schedule and all work is under contract. Contractors are able to pivot to a variety of projects that need to be completed if weather becomes an issue.
Here is a list of activity taking place or soon to begin at the project site:
• Grading, erosion control and soil removal is underway
• Concrete work is complete for the Splash Pad and the 3 other pools
• Retaining walls along a portion of the perimeter are being constructed
• Utility (gas and electrical) work has begun
• Footings being dug for the buildings
• Pool Dome design has been selected, engineering underway
• Paint colors are being selected
• Tile work for the pools has been completed
• Tennis Hut will be coming down soon
The next regularly scheduled FTC meeting will be in March 2023. Additional meetings may take place if warranted and will be noted at that time.
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