• Assessment Billing & Collection

• Accounts Payable

• Balance Sheet

• Copy of Bank Statement / Reconciliation

• Check Disbursement Report

• Copies of all bills paid

• Income/Expense/Variance Report

• Prepaid/Delinquency Report

• Property Unit Listing (roster)

The operating budget is an extensive process that we begin in July and consists of the following:

• Narrative and Summary of Budget Figures

• Review and input of prior year actual expenses for comparison (including utility bills and review of reserve study for capital improvements)

• Contacting all vendors for next years proposals

• A draft provided to the Board for their review and input

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