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Financial
The Association's reserve fund, funding plan, and scheduled reserve projects.
Reserve Fund
Projected as of January 1, 2027
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: 2027 reserve study update by Complex Solutions Ltd., draft version 5.1, August 19, 2026. The starting balance was provided by the Association and not audited by the preparer. The full study is on the Documents page.
Funding Plan
| Plan | Monthly | Annual |
|---|---|---|
| Current reserve contribution Budgeted contribution reported in the reserve study | $10,000.00 | $120,000.00 |
| Recommended (full funding goal), 2027 | $12,000.00 | $144,000.00 |
Scheduled Reserve Projects, 2027 to 2029
| Due | Component | Est. cost | Status |
|---|---|---|---|
| 2027 | Clubhouse Furniture - Replace | $10,500.00 | Scheduled |
| 2027 | Concrete - Repair/Replace | $6,500.00 | Scheduled |
| 2027 | Drinking Fountain - Replace | $1,250.00 | Scheduled |
| 2027 | Fitness Equipment - Replace | $13,000.00 | Scheduled |
| 2027 | HVAC Systems - Replace | $16,500.00 | Scheduled |
| 2027 | Mailboxes - Replace | $17,500.00 | Scheduled |
| 2027 | Patio Decks - Reseal/Repair | $12,963.00 | Scheduled |
| 2027 | Pool - Resurface | $19,000.00 | Scheduled |
| 2027 | Pool Deck - Seal/Paint/Repair | $3,500.00 | Scheduled |
| 2027 | Pool Furniture - Replace | $8,000.00 | Scheduled |
| 2027 | Pool Heater - Replace | $5,000.00 | Scheduled |
| 2027 | Spa - Resurface | $6,000.00 | Scheduled |
| 2027 | Spa Filter - Replace | $2,000.00 | Scheduled |
| 2027 | Spa Heater - Replace | $5,000.00 | Scheduled |
| 2027 | Water Feature - Refurbish | $12,000.00 | Scheduled |
| 2027 | Water Heater - Replace | $1,500.00 | Scheduled |
| 2028 | Carpeting - Replace | $4,940.00 | Scheduled |
| 2028 | Fire Protection System - Renovate | $79,040.00 | Scheduled |
| 2028 | Pitched Roofs, Tile - Replace | $160,160.00 | Scheduled |
| 2028 | Red Curbs and Hydrants - Repaint | $3,380.00 | Scheduled |
| 2028 | Stucco Surfaces - Repaint | $160,160.00 | Scheduled |
| 2029 | Gas Barbecues - Replace | $8,112.00 | Scheduled |
| 2029 | Interior Surfaces - Repaint | $3,786.00 | Scheduled |
| 2029 | Pool and Waterfall Pumps - Replace | $3,353.00 | Scheduled |
Due years and estimated costs are from the reserve study (2027 in current dollars; 2028 and 2029 adjusted for 4% inflation). 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.