HomeMy WebLinkAboutTDA Executive Board Meeting October27 2020
NEW HANOVER COUNTY TOURISM DEVELOPMENT AUTHORITY
EXECUTIVE COMMITTEE MEETING
Monday, October 27, 2020
PRESENT: Daniel Perkins – Chairman
Kim Hufham – President/CEO
Lisa Wurtzbacher – Treasurer/NHC CFO
Angela Rhodes - Secretary
EXCUSED: Jason Bryant- Vice-Chairman
STAFF: Kim Little - Admin. Services Manager/Recording Secretary
Linda Brothers – Senior Financial Analyst, NHC
Board Chairman Daniel Perkins called the Executive Committee Meeting to order
at 2 o’clock. The virtual WebEx meeting was initiated at the offices of the CVB.
ITEM 1: EXCUSED ABSENCES: Jason Bryant, Vice-Chairman
ITEM II: APPROVAL OF EXECUTIVE COMMITTEE MINUTES: -Daniel
Perkins
\[Motion made by Angela Rhodes, seconded by Daniel Perkins and
unanimously accepted to approve the May 26, 2020 Executive
Committee minutes.\]
ITEM III: REVIEW OF AUDIT FOR FY 2018-2019 – Lisa Wurtzbacher
Authority Finance Officer Lisa Wurtzbacher reviewed the letter
which the CPAs of Cherry Bekaert had sent to the Executive
Committee. It was reported all transactions have been recognized in
the financial statements in the proper period. No significant
difficulties in completing the audit were encountered; no
misstatements were noted during the audit. The audit firm was
pleased to report there were no disagreements with management
during the audit. It was reported that everything had been recorded
correctly.
well as government wide and fund financial statements. One really
important issue that was reported was that our fund balance has built
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back up. A budget amendment will be presented at the full TDA
Board meeting. We have had a very good year.
ITEM IV: PERSONNEL POLICY UPDATE- Kim Hufham
ITEM V: PRESIDENT’S COMMENTS- Kim Hufham
SEP & Simple IRS update
Funding requests from Carolina Beach and Wrightsville Beach
ITEM VI: CHAIRMAN’S COMMENTS -Daniel Perkins
There being no further items, adjournment at approximately 2:30 p.m.
_____________________________ ___________________________
Kim Hufham, President/CEO Daniel Perkins, Secretary
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