Recap of Board Activity, Oct. 27
General: Reserve Study: MOVED to approve the 2027 Reserve Study prepared by Association Reserves as presented. The study reports that the reserve fund will be 61.9% funded, with a projected starting balance on Jan. 1, 2027 of $13,093,884. The study recommends a monthly contribution of $245,000 per month in 2027.
General: Approve 2027 Budget: MOVED to approve the proposed 2027 operating budget
