Minette Bruce

STAFF: Robert Becker, Minette Bruce, Robert DeViney, Christine Casey, Beau Bassich and John Hopper.
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Minette Bruce went over the cash flow report.She stated that based on our current cash flow and known revenues that the park will run out of funds in June 2006.
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Ms. Bruce said that we haven't paid the invoice since August.

STAFF: Robert Becker, Robert DeViney, George Parker, Minette Bruce and Denise Joubert
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Chief Financial Officer, Minette Bruce reviewed the Park's financial statements for the month of June.

STAFF: Robert Becker, Robert DeViney, John Hopper, Beau Bassich, Minette Bruce and Denise Joubert
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Chief Financial Officer Minette Bruce commented that the Division of Administration, (DOA) asked to see a copy of our Memorandum of Understanding with the State and the DOA will focus on granting exemptions after the Special Session on ethics.
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Bruce responded that we are looking at different options to address these issues.

Chief Financial Officer Bruce also reported that due to the slow nature of activity in the winter months, a loss was expected for January; however, the loss was less than anticipated.
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Becker also reported that after working at the Park for six years, Bruce has given her resignation effective April 15th.
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President Masinter thanked Bruce for doing a wonderful job keeping the Park together financially before and after Hurricane Katrina.
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Bruce's dedicated and extremely competent services to the Park will be missed.
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STAFF: Robert Becker, Robert DeViney, John Hopper, George Parker, Beau Bassich, Minette Bruce and Denise Joubert
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Chief Financial Officer Minette Bruce reported December was a very successful month.The success was attributed to Celebration in the Oaks, the Annual Campaign and Catering events.See Bruce if anyone would like a copy of the 2006-2007 FY audit report.
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Becker thanked Minette Bruce, George Parker, Billy Bayle, Julie LaCour and Rob DeViney for their dedication to the event.
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STAFF: Robert Becker, Robert DeViney, Austin Marks, Beau Bassich, Minette Bruce and Denise Joubert
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Minette Bruce passed out financial reports and commented that management is currently reviewing staffing plans and funding to upgrade some areas of staffing in the Park.Heintzen reported the Park is currently looking to hire a Controller to assist Bruce.
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STAFF: Robert Becker, Robert DeViney, Austin Marks, Beau Bassich, Minette Bruce and Denise Joubert
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Minette Bruce passed out financial reports and commented that management is currently reviewing staffing plans and funding to upgrade some areas of staffing in the Park.Heintzen reported the Park is currently looking to hire a Controller to assist Bruce.
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STAFF: Robert Becker, Robert DeViney, John Hopper, Minette Bruce and Denise Joubert
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Minette Bruce passed out financial reports.A Resolution was presented to the Board adopting the Compliance questionnaire.
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Bruce indicated, it is required to retain records but not to have duplicates.Backups for financials are kept offsite.Bruce reported the slots at the Fair Grounds opened on September 19th and the State collected $54,000 of tax revenue in September and 30% will go toward the Park.These funds will be designated for Capital Expenditures.Bruce indicated that she is actively looking for a controller and new accounting software will be installed by January 1st.
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STAFF: Robert Becker, Robert DeViney, George Parker, Minette Bruce and Denise Joubert
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Chief Financial Officer, Minette Bruce reviewed the Park's financial statements for the month of June.
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STAFF: Robert Becker, Beau Bassich, John Hopper, Robert DeViney, George Parker, Minette Bruce and Denise Joubert.
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Minette Bruce passed out the Budget Package Information.The Board discussed Fiscal Guidance from the Finance Committee and Significant Factors included in the Operating Budget.After review of the Budget, the Board unanimously adopted the 2007-2008 budget.If anyone has any questions, please feel free to give Minette Bruce a call.
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Masinter thanked Alan Heintzen and Minette Bruce for all their work on the budget.
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STAFF: Robert Becker, John Hopper, Robert DeViney, George Parker, Minette Bruce and Denise Joubert.
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Minette Bruce passed out and reviewed Monthly Financial Statements.She went over the new positions which were added to be able to provide better upkeep of the Park.
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Heintzen reviewed the Park's financials that Minette Bruce has put together.
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Becker congratulated Minette and staff for great job with audit.

Minette Bruce, Chief Financial Officeremail: mbruce@nocp.org

Minette Bruce

DIRECTOR OF DEVELOPMENT