Budget Philosophy

The Board has adopted this budgeting philosophy. It will guide our budget decisions on the 2010 budget.

1. We will use the least amount of funds to obtain maximum benefits.
2. We will protect home values, and maintain our community’s established standard of living.
3. We will enhance home values where possible, while remaining true to our community’s origin as an “affordable community”.
4. We will encourage a sense of community, and look to homeowner volunteerism as a means of maintaining standard of living and keeping assessments as low as possible.
5. We will properly insure the Association.
6. We will adequately fund our Reserves, for planning purposes and to protect against special assessments in the future.
7. We will use a zero-based budget approach (which assumes a $0 starting point for all line items, and requires each to be justified before we fund it).
8. We will remain open to homeowner recommendations & input.