Posts Tagged ‘Finance Committee’
Oakmont Golf Club: What is the Appropriate risk for OVA?
Any real estate or business sale is always open for negotiations and changes, but there must be some basic parameters for a buyer to follow. Primarily, if the OGC sales contract does not require a continuation of golf for a specified duration, control of the land would then be the only reason to vote YES…
Read MoreOverview of the OVA Budget and Dues
With OVA member dues rising to $75 starting this month, now may be as good a time as any to explore where this money goes. The 2019 budget was mailed to OVA members in late November. Total budgeted operating expenses have risen by just under 10% with the largest increases being for payroll expenses (more…
Read MoreReserve Study Deficit Revealed, Loan Options Considered
During the recent Finance Committee meeting on June 14, OVA President Steve Spanier sat in for Finance Committee Board Liaison Tom Kendrick. The Agenda included the Treasurer’s Report, Capital Fund expenditures of the East Rec Center and the recently completed physical inspection for the 2019 Reserve Study Report. Several members of the community were…
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