Home / Financial
Financial
The Association's reserve fund, funding plan, and scheduled reserve projects.
Reserve Fund
Projected as of January 1, 2026
The fully funded balance is the amount the reserve study calculates the Association should have on hand, based on the age, remaining useful life, and replacement cost of each component. Percent funded compares the reserve balance to that amount.
Source: 2026 reserve study by GeoReserves, final April 23, 2025, projected from the reported reserve balance of $415,828.30 on December 31, 2024. The full study is on the Documents page.
Funding Plan
| Plan | Monthly | Annual |
|---|---|---|
| Current reserve contribution Budgeted contribution reported in the reserve study | $7,500.00 | $90,000.00 |
| Fully Funded (100%) Plan, 2026 | $8,970.00 | $107,640.00 |
| 20% Threshold Plan, 2026 | $6,240.00 | $74,880.00 |
Scheduled Reserve Projects, 2026 to 2028
| Due | Component | Est. cost | Status |
|---|---|---|---|
| 2026 | Vehicle Gate Operators - Repair | $2,400.00 | Deferred |
| 2026 | Water Feature Equipment - Major Replacements | $6,000.00 | Deferred Useful life not expired; the fountain pumps are still in good condition |
| 2027 | Asphalt - Crack Fill and Minor Repairs | $9,525.00 | Completed Completed September 2026, ahead of the 2027 schedule |
| 2027 | Asphalt - Preservation | $59,410.00 | Completed Completed September 2026, ahead of the 2027 schedule |
| 2027 | Camera System - Replace | $10,325.00 | Scheduled |
| 2027 | Concrete Pavers - Seal | $5,033.00 | Scheduled |
| 2027 | Irrigation System - Refurbish | $206,500.00 | Scheduled |
| 2027 | Pedestrian Gate Keypad Locks - Replace | $3,098.00 | Scheduled |
| 2027 | Shade Structure - Repaint | $2,581.00 | Scheduled |
| 2027 | Street Light Fixtures - Repair | $1,549.00 | Scheduled |
| 2027 | Vehicle Gate Entrance System - Replace | $6,195.00 | Scheduled |
| 2027 | Vehicle Gate Loops - Replace | $2,581.00 | Scheduled |
| 2027 | Water Feature - Refurbish | $20,650.00 | Scheduled |
| 2028 | Vehicle and Pedestrian Gates - Repaint | $2,665.00 | Scheduled |
| 2028 | Wrought Iron Fencing - Repaint | $13,592.00 | Scheduled |
Due years and estimated costs (adjusted for inflation) are from the reserve study. Status is updated by management.
Owners may request the Association's financial statements and budget with a Document Request, or ask a question with an Accounting Question.