Financial Reports

  • 2015 Audited Financial Statement
  • 2015 Annual Budget Summary

    The Master Association’s Annual Budget is a projection of the money needed to cover our yearly operating expenses and provide adequate reserves for repair and replacement of the property we maintain. We update our budget annually each fall for the following calendar year.

  • Audited Financial Statement, Year Ending Dec. 31, 2014

    Each year, a Certified Public Account performs an extensive audit of the Master Association’s financial records and issues a statement as to their compliance with generally accepted accounting principles.

  • 2014 Reserve Study

    In order to maintain and preserve market values of common area property, the Master Association develops funding plans for future repair or replacement of streets, fencing, walls, signs, landscaping, and much more. Our reserve study provides guidance on how much the Master Association should be putting aside each month for reserves so it can meet the future obligations described above without requiring special assessments.

  • 2014-15 Insurance Coverage

    The Master Association Board contracts for insurance to protect against loss and liability on properties and buildings owned by the Association. In addition. the Board has insurance covering Directors & Officers (D&O) Liability, Cyber Liability, Employee Dishonesty, and Workers Compensation.

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