Gautier Arms Condominium Association
Volunteered for position once informed that the Association was operating in a negative cash flow condition with delinquent bills. Created a spreadsheet budget to forecast monetary requirements based on extrapolated heating expenses, expected maintenance costs, and a buffer for unexpected building repairs. Increased the maintenance fee based on forecast, and approve any capital improvements.
- Maintenance dues are now collected and deposited to the bank on time.
- Increase in maintenance led to a positive cash balance of $3900, after payment for two approved building repairs, and only two months at the new maintenance rate.
- All bills are paid on time and a positive cash balance is forecast through the winter heating season.
In addition to full-time efforts to secure a new job, time is spent balancing volunteer treasurer duties with continuing to develop Excel and accounting knowledge. However, treasurer duties are minimal and are completed over the weekends. One week of time was spent creating the website.