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OPA Budget and Finance Committee Briefs

(July 28, 2016) The Ocean Pines Association Budget and Finance Committee discussed the following items during a meeting in the administration building on July 20.
Membership
The committee was short one member, John Trumpower, but could be short several more during the coming months. Dale Buley, who served two consecutive terms, must step down because of term limits.
“Six years went by fast,” Buley said. He could come back on the committee after a year.
“We’d certainly be glad to have you.” Chairwoman Patricia Supik said. “If you’re interested, come back in a year.”
Supik added that Trumpower “indicated a desire to withdraw from the committee” because of obligations at work. The committee hopes to add two or three new members.
Preliminary budget talks
Resolution F-02, on budget development, mandates that the committee meet with the board of directors each September to “discuss overall budget guidance and goals.”
Supik said that has not been happening, in part because the timetable is problematic. Following August elections each year, the board goes through an orientation process in September.
The committee agreed to attempt to remedy that this year. Supik asked the members of the committee to be ready to start developing a budget guidance document during the next meeting that would then be presented to the directors during a special session in September.