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3/4/2014 9:50:03 AM
 
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Section 5: OPA Board Subject: COPE Golf Petition? Msg# 879485
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By including a charge in the assessment for depreciation OPA charges the current owners for OPA assets recovering the money spent acquiring the assets over the lifetime of the asssets.
Gosh, I think you just gave a generalized description of depreciation for GAP purposes as opposed to IRS tax purposes.... and this has what to do with how the board decides to spend the depreciation collected? |
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For reference, the above message is a reply to a message where: Exactly why I said "should have" not "would have". Depreciation does do something else though. By including a charge in the assessment for depreciation OPA charges the current owners for OPA assets recovering the money spent acquiring the assets over the lifetime of the asssets. |
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Special Board Meeting - Board Room
11/25/2024 - 7:00 P.M. 3 days or less away! |
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OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
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OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |