Financial
- Annual Operating Budget
We prepare a detailed line item estimate of all annual revenue and expense items and project receipts and/or disbursements on a monthly basis. - Long Range Plan/Reserve Study We coordinate the preparation of the estimated useful life, projected replacement year and replacement cost for the major exterior or common area building and site improvements.
- Monthly Financial Report
We prepare and present detailed monthly financial reports including:- Balance Sheet
- Operating Fund Statement
- Maintenance Reserve Fund Statement
- Cash Flow Statement
- Trial Balance
- Accounts Receivable Report
- Accounts Payable Report
- Cash Disbursement Report
- Reserve/Surplus Funds Investment
We implement the investment of reserve or surplus operating funds. - Property Insurance Placement We review proposed insurable values, develop underwriting specifications for preferred coverage, distribute Requests for Proposals to qualified insurers, secure bids and provide recommendation for selection of insurer.
- Revenue Collection
We collect regular monthly and special assessments, late charges and fines charges to homeowners and assist legal counsel in the collection of delinquent accounts. - Tax Returns and Annual Audit
We coordinate all information and records required by the Association tax preparer and independent auditor.
