Finances

The financial objectives of the ACB include maintaining a sufficient cash balance to:

Maintain the public areas in the subdivision, including the entryway islands, the concrete/brick signs, and the areas around the signs
Finance any potential legal actions

The ACB is also committed to limiting costs and providing a controlled financial environment that minimizes the probability of fraud by:

Obtaining competitive bids for any expenditure expected to exceed $400
Requiring Board approval for any expenditure over $250
Providing access to the ACB financial records to any subdivision resident upon request

The ACB is committed to fiscal responsibility in both conserving and responsibly growing the assets of the subdivision. The ACB will seek to distribute the available funds between interest-bearing accounts to both maximize return and provide sufficient liquidity to ensure that expenses can be paid without incurring penalties from investment withdrawal. The current strategy is to invest funds not currently in the expense flow into safe Certificates of Deposit that bear much higher interest rates than traditional savings accounts.

Financial Reports

• 2010 Cash Flow
• 2009 Cash Flow
• 2008 Cash Flow
• 2007 Cash Flow
(more coming soon)

Finances

Financial Reports

Budgets

Policies

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