3/21/2021 5:28:24 PM
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Section 5: OPA Board Subject: Phillips v Perrone Msg# 1117273
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Ken,
We should always be looking for 3rd options and providing input for success. Recently I provided a 3rd option to JV regarding beach parking revenue. Personally I see the Board way to deep in the weeds of operations. |
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For reference, the above message is a reply to a message where: Joe, Let me clarify. I was the homeowner identified in the June 30 meeting (not June 20, Vivian's typo) at the Admin. building. In February 2020, I was comparing aquatics' income figures for the period May 2019 through January 2020 to the period May 2018 through January 2019. You may recall that management and/or the board changed the swim card policy for cards purchased starting May 1, 2019 in that they would expire at the end of the fiscal year, in this case April 30, 2020. Swim cards purchased prior to May 2019 did not have an expiration date. I put together an analysis to demonstrate that swim card sales were way down starting May 2019 (compared to the same period of the previous fiscal year) and cash sales at the front desk of the pools were not anywhere close to making up the difference. Reminder, these figures were before Covid shut our pools down. You may recall that I posted my research on this Forum. I also submitted my work in a letter to the board in hopes that they might reverse this change in expiration policy. Further, I submitted my work to Colby Phillips and John Viola. I had email exchanges with them that included alternatives such as selling pool passes with a 4 fiscal year expiration date similar to the 4 year expiration date on OP golf course gift cards. Both Colby and John acknowledged my concern on the financial losses and seemed genuinely interested in hearing through my alternatives. It was John who offered to meet in person along with Colby once Covid abated. I accepted an invitation for the June 30 meeting as that fit both their schedules. John arrived late to the meeting as he had something unexpected come up. Director Perrone led the meeting until John's arrival. Steve Phillips was also in attendance as he was speaking to my questions on accounting for deferred income and the possibility of using 4 year expiration dates on pool cards. I had my 30 minutes in the spotlight and I left.
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