Finance Committee Meeting

When

07/18/2023    
6:30 pm - 8:30 pm

Where

Lake Holiday Clubhouse
1045 Lakeview Drive, Cross Junction, VA, 22625

Event Type

PURPOSE: Under the oversight and direction of the Treasurer the Finance Committee shall make recommendations to the Board of Directors that ensure fiscally responsible policies and procedures are implemented.

RESPONSIBILITIES:

  • Assist the Treasurer with the development of an annual budget, capital improvement budget, and the preparation/update of the Replacement Reserve Study, which anticipates the cost and schedule requirements to repair, renovate, and replace capital assets owned by the Association.
  • Monitor actual expenditures.
  • Oversee annual audit in accordance with state and local regulations.
  • Provide long term financial planning recommendations to the Board of Directors.

If you are interested in joining the Finance Committee, attend a meeting and let them know!

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