This is our YTD financial snapshot; we started the year with a balance of $5836.42. Annual dues and Special Assessments added a total of $21, 176.96 to the account (one Special Assessment deposit outstanding); an additional $2000 was added from donated funds along with $50 in title company fees collected.
We have also opened a new account which will serve as a Reserve fund for future expected and unexpected expenses. The fund is in an interest-bearing CD that allows us to add to the balance at any time and allows us up to one withdrawal per month if needed. It’s my hope that we can fund this with at least $1600 each fiscal year from our annual dues.
