Budget & Finance Committee With the resignation this fall of chairman Paul Groeninger, the Budget & Finance Committee was down to two members. Paul had served as chairman for the past 12 years and put in many, many hours expertly guiding the committee’s review of financial statements and management’s draft budget each year. With the […]
September 1, 2015 Reprinted from Committee Focus, Sep-Nov TowerTalk .. At the next meeting we will review the latest financial statements; receive the 2016/17 proposed budget from management; and set the next eight or so meetings to discuss the proposed budget and possible revisions. Owners are encouraged to attend the open meetings, where they will […]
AUTHORITY: The Illinois Not For Profit Corporations Act empowers the Board of Directors of The Park Tower Condominium Association to establish Commissions to make recommendations to the Board. The Board, pursuant to this authorization hereby forms the Budget and Finance Commission. It shall be called the “Budget and Finance Committee”. PURPOSE: To present recommendations to […]
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