Highlights from reserve study working session

(Nov. 12, 2021) Video for the Nov. 10 Budget and Finance Committee review of the Design Management Associates Inc. (DMA) reserve study is now available online.              

During the meeting, General Manager John Viola, Finance Director Steve Phillips, Public Works Office Manager Linda Martin, and committee members held a working session on the updated study with Doug Greene, reserve specialist and partner with DMA. 

Viola credited Martin, Phillips, the committee, and Association department heads with putting in several months of work behind the scenes to get to that point, and he thanked everyone for attending the working session.  

“I know everyone put many hours into this effort, and we feel the study is a valuable financial tool when we prepare our budget and to evaluate our reserves,” he said. “With signoff from the committee, our next step will be to present the updated study to the Board of Directors.”   

To view the video, visit https://youtu.be/inb_qxd4K28.  

Video links for specific agenda topics are as follows: 

Call to Order – Dick Keiling    

Pledge of Allegiance – All    

Introduction – John Viola, Steve Phillips, Linda Martin   https://youtu.be/inb_qxd4K28?t=25  

DMA Presentation – Doug Greene (DMA)   https://youtu.be/inb_qxd4K28?t=285  

Golf   https://youtu.be/inb_qxd4K28?t=3943  

General Maintenance, Public Works, Roads, Bulkheads – Eddie Wells & Nobie Violante   https://youtu.be/inb_qxd4K28?t=5177  

Recreation & Parks and Marina – Debbie Donahue   https://youtu.be/inb_qxd4K28?t=7669  

Police – Chief Leo Ehrisman   https://youtu.be/inb_qxd4K28?t=8714  

Administration – Steve Phillips   https://youtu.be/inb_qxd4K28?t=9531 

Aquatics   https://youtu.be/inb_qxd4K28?t=9782  

Presentation of Spreadsheet – John Viola   https://youtu.be/inb_qxd4K28?t=10188   

Questions/Town Hall, Review, Action Items & Recommendations   https://youtu.be/inb_qxd4K28?t=12266