Ocean Pines Board members and members of the Budget and Finance Committee on Thursday met to discuss budget guidance for the next fiscal year.
During the meeting, committee Chairman Dick Keiling read a list of 22 separate items in relation to the upcoming budget.
Committee members Tom Piatti and John O’Connor took part in a roughly one-hour discussion with Board members and several homeowners in attendance. Keiling said he would add a few more items to the list, based on the discussion, before making the list public.
“I want to thank everybody on the Budget and Finance Committee. I know they do a lot of work, not only reviewing the budget from previous years, but [also] looking at where we are this year and helping us plan for future years,” Association President Doug Parks said. “It’s a cooperative effort between the Budget and Finance Committee, the GM [and] the Board, and I’m looking forward to this entire process and getting a budget that we’re all comfortable with and can execute for next year.”
Resident Joe Reynolds said he appreciated the open discussion.
“Thank you for the transparency in allowing participation,” Reynolds said.
Next on the budget timeline, Keiling said the committee would meet for two-and-a-half days on Jan. 6, 7 and 8, starting with General Manager John Viola presenting a budget draft. The committee will make further recommendations to the general manager, who will then present the budget to the Board.
A Board review will follow, with budget approval scheduled by the end of February, Keiling said.
“I’m looking forward to the process,” Parks said. “I think we have a great opportunity to figure out exactly what it is that we need to do for a really solid budget coming up for this next operating year.”
To view a video of the meeting, visit https://youtu.be/DNisk6g9OSI.
The Board is scheduled to meet again on Wednesday, Oct. 2 at 7 p.m. in the Ocean Pines Community Center on 235 Ocean Parkway.