The Finance Committee is a group of volunteers from our community who are charged with developing, implementing, overseeing and advising the Board on policies and procedures to ensure the integrity of the community budget and expenditures.
All the Committees in Landsdowne are there to help with the vast amount of work that it takes to keep a community a great place to call home. Volunteers in the community are needed and appreciated, so that we all work together, not for personal agendas, but for the betterment of the community as a whole.
The Annual Budget is formed due to many groups working together:
- The Management Company reporting and tracking the contracts, previous expenses and income, and forecasting the next years expenses and income.
- The many other individual Committees propose forecasted expenses and maintenance needed.
- The Finance Committee review of the Reserve Study, the reserve accounts, the accounting statements, and helping forecast fiscal responsibility. To help ensure the community is "healthy" in its finances.
- The Board of Directors to be a final review and approving authority, by way of official vote, of the budget, based on all the input of the groups mentioned above.
If you have any questions, comments or suggestions relating to what the Finance Committee is working on, please email email@example.com
**Meeting Minutes will be posted after they have been approved. Minutes are approved at the following meeting. Agendas will stay up unitl the Approved minutes have been posted.
The next Finance Committee Meeting will be on Tuesday, Aug 1 at 7PM in the Wegman's Cafe area. The Agenda is posted below this meesage. All are welcome to attend.
-Call meeting to order
-Approve previous meeting minutes
-Resident Open Forum
-Review items sent to / receied from the board, from previous meeting
-Review Reserve Study
-Annual Budget status review
-Review previous years final accounting / budget
-Review current year accounting / budget to date
-Analyze dues - as requested by board
-Executive Session (if needed)