Golden Rain Foundation income augments assessments

FROM THE GRF TREASURER

by Nick Massetti

GRF Treasurer

Last week, the GRF budget expense was broken down into its six major categories. Now the 2025 budget’s $27 million income is broken down into six main categories as shown in the table at right.

The largest category of 2025 annual income is the GRF Assessment of $235 paid by its members.

The remaining categories offset what would otherwise be included in that assessment.

The Trust Property Use Fee is the one-time fee paid by new GRF Members. Rental income comes from On-Site Sales, Optum, Nuvision, FCU, and from renting parking spaces to contractors. Facilities and service request orders (SROs) includes service orders to members and Mutuals while the advertising/events category collects the income derived from the newspaper advertising, Amphitheater sponsorships, bus advertising and special publications.

Finally, the escrow/fees category of income involves the escrow fees paid as part of unit sales.

The GRF Board welcomes participation by members in the budget process. Hopefully this breakdown provides an improved basis for constructive participation.