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The Association's fiscal
year is May 1 - April 30. The Treasurer produces reports
at each Board meeting and at the end of the fiscal year. The
statements cover income and expenses from the previous report,
balances in the accounts as of the date of the report, and income
and expenses categorized by budget line item since the beginning
of the fiscal year.
For the budget statement, the first column shows the amount
approved by the membership at the beginning of the year. The
second column reflects those totals plus any (1) voted changes
in the budget, and (2) increases in line items resulting from
offsetting receipts. The third column is the year-to-date
totals. Some money on hand is held in reserves, specifically
the capital reserve and gypsy moth reserve. Reserve funds
represent money raised in one year to be spent in another. In
January, the Association pays to the Lake Placid Waterway Improvement
Tax District an amount based on the number of paid boat ramp
permits; this helps underwrite the cost of dredging the lake
and the channel to the river. "Unobligated operating
reserve" is the amount on hand not designated for specific
future use.
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Archive of Treasurer's
Reports
FY 2003-04:
FY 2003-04:
- Nov.
18, 2003
- Oct. 21, 2003
- Sep. 16, 2003
- July 15, 2003
- June 17, 2003
- May 22, 2003
FY 2002-03:
Year End Statement
- Apr. 30, 2003
- Apr. 15, 2003
- Mar. 18, 2003
- Feb. 18, 2003
- Jan. 21, 2003
- Nov. 19, 2002
- Oct 15, 2002
- Sep. 17, 2002
- July 16, 2002
- June 18, 2002
- May 21, 2002
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The Association holds
two kinds of meetings. Once every quarter, the general
membership meets. Once a month, the Board of Directors
meets. Minutes are posted on this website after they are
approved at the following meeting. |
General Meetings
The Association usually holds meetings for the general membership
four times a year, once each quarter. These typically
fall in the third week of July, October, January, and April.
At the October ("Election") meeting, new officers and directors
are voted on. At the January meeting, the new officers
are inaugurated (actually taking office February 1). At
the April ("Annual") meeting, a budget is presented and voted
on.
Minutes are currently available from the meetings for FY 2002-03.
No minutes are shown for meetings that failed to reach a quorum.
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Archives for General
Meeting Minutes
FY 2003-2004:
FY 2002-2003:
- Apr. 25, 2003
- Jan. 31, 2003
- Oct. 26, 2002
- July 20, 2002
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Board
Meetings
The Officers, Directors, and Committee Chairs meet 7:45 pm
every third Tuesday of the month at the clubhouse. (Typically,
there are no meetings in August or December). Members
of the community are always welcome to attend. Voting
is limited to Board members.
Minutes to the meetings of FY2001-02, FY 2002-03, and FY2003-04
to date are archived.
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Archive of Board Meeting
Minutes
FY 2003-2004
- Nov. 18, 2003
- Oct.
21, 2003
- Sep. 16, 2003
- July 15, 2003
- June 17, 2003
- May 22, 2003
FY 2002-2003 :
- Apr. 15, 2003
- Mar. 18, 2003
Feb. 18, 2003
- Jan. 21, 2003
- Nov. 19, 2002
- Oct. 16, 2002
- Sep. 17, 2002
- July 16, 2002
- June 18, 2002
- May 21, 2002
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| CURRENT AND
PAST SAIA NEWSLETTERS |
The Shore Acres News
is published two to four times a year. If you have items
you would like to have appear or wish to purchase advertising,
please contact Mary Ellen Shipley, our Communication Chair at (410)
757-1843 or e-mail her at Communications@ShoreAcresMD.com
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Newsletter
Archives
FY 2008-09:
FY 2007-08: FY 2006-07: FY 2005-06: FY 2004-05:
- Vol. XVI, No. 4
December 2004
- Vol. XVI, No. 3
October 2004
- Vol. XVI, No. 2
June 2004
- Vol. XVI, No. 1
December 2003
FY 2003-04:
- Vol. XV, No. 1
April 2003
FY 2002-03:
FY 2001-02:
- Vol. XIV, No. 1
March 2002
- Vol. XIII, No. 2
Summer 2001
- Vol. XIII, No. 1
Spring 2001
FY 2000-01:
FY 1999-00:
- Vol. XI, No. 3
December 1999
- Vol. XI, No. 2
August 1999
FY 1998-99:
- Vol. XI, No. 1
March 1999
- Vol. X, No. 4
December 1998
- Vol. X, No. 2
June 1998
FY 1997-98:
- Vol. X, No. 1
March 1998
- Vol. IX, No. 4
December 1997
- Vol. IX, No. 2
July 1997
FY 1996-97:
- Vol. IX, No. 1
March 1997
- Vol. VIII, No. 4
December 1996
- Vol. VIII, No. 3
October 1996
- Vol. VIII, No. 2
August 1996
- Vol. VIII, No. 1
April 1996
FY 1995-96:
- Vol. VII, No. 6
December 1995
- Vol. VII, No. 5
October 1995
- Vol. VII, No. 4
September 1995
- Vol. VII, No. 3
June 1995
- Vol. VII, No. 2
April 1995
FY 1994-95:
- Vol. VII, No. 1
March 1995
- Vol. VI, No. 3
October 1994
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ARTICLES OF INCORPORATION AND
BYLAWS
Although Shore Acres was created in 1921, the Shore Acres Improvement
Association was not created until 1947, when neighborhood residents
sought to organize to prevent the loss of the community beach
and rights of way, and to promote improvements in the community. The
Association was incorporated at that time. It's bylaws
were substantially revised several times since then, most recently
in 1990.
The Shore Acres Improvement Association is a non-stock corporation
chartered by the state of Maryland. As a non-profit community
association, SAIA is exempt from the corporation income tax and
from property taxes. However, gifts to the Association
are not tax deductible.
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