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.