- Posted by swtadmin
- On November 30, 2020
- 0 Comments
The Association has a five(5) member Board of Directors. Our office is open from 9 am to 3 pm, Monday thru Friday, and is staffed by a fulltime property manager and a secretary.
Operating expense and reserve payment invoices are reviewed for accuracy, given initial approval, then coded by the Property Manager and entered into the VMS system, with copies to the Treasurer and President. Final authorization for the check to be written requires on-line VMS approval of the Treasurer, President or Vice President. Payroll is prepared by ADP, based upon inputs received from the office staff. Operating expense or reserve payment checks are issued by Towers Management with detailed monthly financial reports provided to the Association. The Association conducts Annual Financial Reviews/Audits through an independent agency in accordance with Florida Statutes.