Annual General Meeting June 22, 2015 Fiscal Year: Apr 1, 2014 – Mar 31, 2015 Treasurer’s Report (and look at the current FY) St Andrews Heights Community.

Annual General MeetingJune 22, 2015

Fiscal Year: Apr 1, 2014 – Mar 31, 2015

Treasurer’s Report (and look at the current FY)

St Andrews Heights Community Association

Overview

• Acknowledgments

• FY Year (ended Mar-31-15) in review

• Statement of Funds (2)

• Audit Opinion

• Motion to accept

• Motion to appoint auditors

• Treasury: Today & Looking Ahead

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FY Year in review

• Revenue* 62,147** 41,899• Expenses 35,962 46,573***

Balance 26,185** (9,949)***• First Calgary bal. 28,497** 3,025• CSB 10,021 10,021• RBC Mkt. Value 262,961 268,264

2013- 2014 2014-2015

* = includes investment income (RBC)** = includes one time grant of 22,896*** = reflects costs of shed, floor machine, lights, locks = ~ 9,000

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Audit Results

Auditor’s opinion:“In my opinion, except for the effects of adjustments, if any, which I might have determined to be necessary had I been able to satisfy myself of the completeness of fundraising activities, these financial statements present fairly, in all material respects, the financial position of the St Andrews Heights Community Association as at March 31, 2015 and the results of its operations and cash flows for the years ended March 31, 2015 in accordance with Canadian accounting standards for not-for-profit organisations.”

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Motion to Accept Financial Statements

“I move to accept the financial statements for the St Andrews Heights Community Association for the fiscal year end March 31, 2015 as presented by the board”

Moved: Ken Zdunich

Seconded:

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Appointment of Auditors

“ I move that the St Andrews Heights Community Association appoint an Auditor from the Federation of Calgary Communities for the fiscal year end March 31, 2016.”

Moved: Ken Zdunich

Seconded:

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Treasury: Today & Looking Ahead

• First Calgary balance May-31-15: $5,047*

• GIC matured Jun-02-15: $47,678

– Transferred to First Calgary: $7,000

– Balance reinvested

• Insurance coverage review/renewal

– Asset Valuation/Assessment

• SAH Revenue/Expense – Sept review

* = FC balance Jun-22-15: ~ $7,545SAH Annual Meeting 92015-06-22