Teal Lake Village Association
PO Box 65011
Port Ludlow, WA 98365

Treasurer's Tasks

Monthly

• Write Checks -- Monthly plus occasional specials
• Keep monthly copy of journal and invoices.
• Download Bank Statemen -- Once a month
• Email Check Journal and Bank statements to accountant monthly
• Review A/R monthly, contact delinquents as necessary.
• Check PO Box a couple times per month.
• Forward Dues checks to accountant.

Quarterly

• Perform Quarterly Close of Books for Publication
• Reconcile Reserve: Make payment, prepare statement, etc.
• Recommended: Estimate cash flow to end of year.

Annual

• Prepare Estimated Budget for board approval.
• Review Reserve, recommend next year's contribution, hire specialist a/r.
• Pay liability insurance.
• Send invoice to Fairway Village for half of PUD Account _001.
• File Annual Report with WA-SOS. (Could be done by an agent. I have served as our "Agent".)

Last updated: 7/21/23

These are my best recollection, I've probably overlooked a few things.
Cheers,
Tom Sprandel