Wednesday, October 27, 2010

Finance and Budget Committee established to review expenses and evaluate reserve fund

A Finance and Budget Committee was established at September's HOA Board meeting. The purpose of the committee will be to review association expenses and evaluate the accuracy of future reserve fund expenses (as estimated in the 2009 Reserve Study) -- to ensure we're not under-funding (or over-funding) our reserve fund.

The recommendations of this committee will be relied upon to plan future budgets and assessments.

If you would like to participate in this effort, please contact a member of the board and receive committee meeting details. Or, call Sandy Cobb at CWD Group at 206-706-8000.

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