Notes on the financials:

 

The financial statements are shown for the twelve months ended December 31, 2003(subject to the Audit, however many may not understand what they are looking at.  For that reason, feel free to contact me at 303-346-2774.

 

We do have cash in the bank and no outstanding bills to be paid as of 12/31/2003.  One of the problems we do have is the outstanding dues and steps have been taken to collect many of the through legal means.  The Board has a responsibility to make sure that we do collect all monies owed the Association.

 

You will note that we have added the value of the land that Shea donated for the pool to our records.

 

Again, if you have any questions, PLEASE feel free to contact me.

 

John Groom

Treasurer