Income was much higher than anticipated due to the developer's rapid final construction activity.
Several building and grounds maintenance items were able to be addressed and legal advice was sought for terminating the public access to our pier.
Reserve funds at year-end total $510,620.22; this is slightly higher than the Reserve Study outlined.
The Finance Committee is a standing committee of the Gibson’s Grant HOA established to support the Board of Directors in fulfilling its responsibility to oversee the HOA’s financial strategy & performance. Committee support to the Board of Directors will include but is not limited to; advising the Board on all financial matters, driving long-range planning and annual budgeting, and driving financial stewardship for all homeowners.
Tom Daly, Chair