Monday of the same week as the Board of Directors meeting
Dwight Bridges - Board Liaison
Paul Lin - Chairperson
The primary responsibility of the Finance Committee is to advise and assist the Board of directors in planning and administering a program of financial management for the association. In fulfilling its responsibility, the Finance Committee performs functions that include, but are not limited to, the following:
Participate with the Board of Directors, the management agent, and other committees in the development of the annual budget, including replacement reserve schedules.
Review and evaluate association financial statements.
Advise the board of directors regarding the short-term and long-term investment of association funds, in a manner consistent with the governing documents.
Advise the board of directors in matters relating to delinquencies and the collection of assessments.
Advise the board of directors in matters relating to the annual audit and preparation of the association's tax returns.
Perform other functions as directed or approved by the board of directors.