A Financially Sound, Premier Active Adult Condominium Community.
Budgeting & Reserves:
The Association’s budget is over $10 million dollars annually and reserves in excess of $4 million. In its effort to fight inflation and to provide the best product for the members’ money, the Board continually determines the most effective method of managing its reserves. This is accomplished by reviewing all aspects of the reserves. A certified audit is conducted annually of the Association’s books and records and all Association Reserve Funds are tested for adequacy. A further accomplishment of the Board of Trustees is that, historically, over the last five years, monthly maintenance fees have increased at a rate lower than Consumer Price Index and a decades long history of never implementing a special assessment. This is done by prudent government-backed investments and cost control programs.