The purpose of the Finance Committee is to ensure that assessments by the Association are reasonable and necessary and that expenditures are prudent and appropriate.
A few meetings are held during the first quarter of the year to work on the budget, which needs to be finalized, approved and distributed to all homeowners by June. The Committee also reviews the annual Reserve Study and makes recommendations for adjustments on funding and capital expenditures. The Committee is chaired by the Treasurer of the Board of Directors.
Committee members are diligent and knowledgeable, and can be counted upon to carry out their responsibilities to:
• Oversee and participate in the planning of Sea Ridge finances
• Evaluate the present & projected financial position of our Association
• Safeguard our assets
• Keep Sea Ridge members informed of our financial standing
Treasurer and Chair
The Board of Directors