Description:

The primary responsibility of the Finance Committee is to advise and assist the Board of Directors, on financial planning and control for the Canyon Lake Property Owners Association.

In fulfilling its responsibility, the Finance Committee, in cooperation with Director of Finance, shall:

• Review and make recommendations to the Board on the preliminary annual budget
• Make recommendations to the Board regarding budget procedures, financial control and accountability, and the annual budget
• Review monthly financial statements and present comments on the Association's financial position through the Treasurer to the Board
• Conduct an annual review of all Association's insurance policies and make recommendations as appropriate to the Board
• Recommend investments for funds set aside for special projects
• Review status of Association reserves and make recommendations as to their adequacy
• Perform such other related functions as directed by the Board

Special Project - Important Notices:

Committee Documents:

Agenda

Minutes

Charter

Annual Report

Archives

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