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Finance

Understanding Our Dues Strategy

Each year, the Finance Committee and Facilities Development Committee work together with staff during a 6 month annually recurring budgeting process. Together they provide complete recommendations to the Board, who holds a vote in the November meeting on whether to move forward with the recommendations as presented.

The approved Annual Budget is then confirmed during the December board meeting, and then presented to the community.

This article provides insight as to why the Maximum Annual Budget has been recommended for several years by the Finance Committee, and explores the long term impacts of this decision on our community.

“Understanding Our Dues Strategy: Why we are operating the LPOA at the Maximum Annual Assessment”