Funds managed to provide both annual operations & maintenance support while meeting long term financial requirements.
ACCOUNTING & FINANCIAL REPORTS
Maintain accurate accounting of all assessments, deposits, expenditures, IAW general accounting principles.
Budget and fund all must-fund maintenance and repair budget items.
Provide adequate funding for discretionary budget items to meet the goals & objectives of the POA.
Budget to support short and long-range maintenance and capitalization requirements.
Provide annual budget to membership not later than 30 days prior to end of fiscal year; approve at annual meeting.