Foxwood HOA 
Annual Board Meeting Minutes
02/08/2024
via Webex

 

Call to Order and Roll Call: 

Willie Blackburn called to order the regular meeting of the Foxwood HOA Board at 7:05PM on 02/08/2024. This was an online Webex meeting.

The following board members were present: Willie Blackburn, Meagan McBride, Rebbecca Punak, Weston Gramar, and Eydie Leighty, Manager with MyHOA-online.com LLC.

Previous Meeting Minutes: The board minutes from the November 13, 2023 (BOD PORTION of ANNUAL MEETING--annual to be approved by residents at next annual meeting in 2024) were reviewed and approved. Motion to approve by Meagan, seconded by Willie, all were in favor. 

Issues/Voting Report votes taken unanimously between meetings:

No votes to approve 02/08/24


Finance Report:.

We reviewed our finances and budget:

Operating Balance: $ 55,837.77
Total Reserves: $ 27,100.62
Total Assets: $ 82,938.39
 
2024 Prepaid Assessment received in December: $9135.00
2023 Prepaid Assessment received in December: $5829.02
(Earlier due date reflects significantly in this amount)
 
DESCRIPTION MONTHLY BUDGET JAN ACTUALS 2024 BUDGET YTD ACTUALS DIFF
Assessments          
HOA Dues   -   $12,915.00 $42,210.00 $12,915.00 $29,295.00
Interest Fee   -     -     -     -     -  
Late Charges   -     -     -     -     -  
PayPal Fee   -   $130.90   -   $130.90 ($130.90)
Carry In Prior Year   -     -   $9,619.00   -   $9,619.00
Total Income:  $0.00 $13,045.90 $51,829.00 $13,045.90 $38,783.10
 
 
Vote taken to send Lien & Collection warning for residents owing two years' worth of dues to be sent out immediately after 02/29/24 due date. 
Motion to approve by Rebbecca, Seconded by Meagan, all were in favor. 
 
Reminder about possibly setting 2025's due date to of 01/31/25**
 
Insurance Renewal paid in third quarter--renewal date around September 2024
 
Issues:

21015 Damaged Mailbox-awaiting response from vendor

21020 Garbage on Side of Driveway-in work

2088-Vehicle or Trailer In Driveway-Follow up required

14845--Algae/Moss House in disrepair-Follow up required

 

Committee Reports:

 

Social/Welcome: 

 

ACC: 

Old Business:

 

New Business:

Spring cleaning reminders to go out!

Adjournment:

The next meeting will be held on March 13, 2024

Wille motioned to adjourn the meeting at 7:40PM, seconded by Rebbecca, all were in favor. 

Minutes were submitted by Meagan McBride.