Financial

Evaluate current assessment rates and recommend any changes needed.

Coordinate distribution of periodic assessments and special assessments (as necessary).*

Receive and handle accounting for assessment payments from homeowners.

Mail second and final notices on assessments.

Place and release liens on properties for non-payment of assessments.

Coordinate with the attorney for additional collection actions.

Provide assessment letters to Title Company and attorneys upon request.

Negotiate payment plans for assessment collections.

Pay all invoices by the due date.

Develop an annual budget for the approval of the board.

Reconcile bank statements monthly.

Publish monthly financial reports to the Board.

Provide monthly delinquency reports on assessment collections.

Provide assistance to the Association’s accountants for audits and tax preparations.

Make tax payments upon instruction from the Association’s accountant.

Provide a financial summary for distribution at meetings.

Negotiate and oversee all maintenance and service contracts for common areas.

Assist the Association in a competitive bidding process for services.

Monitoring relevant certificates of insurance.

Receive service requests for maintenance of property.

Handle problems on a timely basis. Office hours are 8:00 a.m. to 5:00 p.m. Central time, Monday through Friday.