The Budget/Finance Committee consists of two or more members, including the Association’s Treasurer. This Committee serves in an advisory capacity to the Board of Directors for the purpose of facilitating and expediting the Board’s review and decision-making process with respect to the Association’s annual budget and its periodic review of the Association’s financial operations and performance. The duties of the Budget/Finance Committee are to assist with the development and analysis of the annual budget (including the operating budget, analysis of the schedule and budget of replacement reserves, and any budget for capital improvements) and to make financial and budget recommendations for review and approval by the Board of Directors. The Committee also considers and advises periodically on other relevant financial issues, including investment, reporting, operations, tax and accounting issues.
Mark Patel, Chair