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Treasurer reports $23,080.89 in association funds; CD to be rolled over at maturity
Summary
Treasurer Nancy Lumbra reported combined balances of $23,080.89 as of June 30, 2025, including a Certificate of Deposit that matures Feb. 5, 2026; members agreed to roll the CD over when it matures.
Treasurer Nancy Lumbra presented the association's financial report. She listed balances as of Jan. 1, 2025 and as of June 30, 2025, and reported CD interest of $409.89 through June 30, 2025. The minutes record combined balances as Checking $1,700.76, Savings $2,700.52, and CD $18,679 for a total of $23,080.89.
Members agreed that the Certificate of Deposit at Community National Bank would be rolled over when it matures on Feb. 5, 2026. The treasurer also reported disbursements for mowing ($300 total) through June 30, 2025.
