Last Updated: September 11th, 2009

Please join us for our fall meeting as South Coast HOA members Chris Andrews, Reserve Specialist of Stone Mountain Corporation and Michael J. Gartzke, CPA will discuss current topics relating to association finances.

“Customized Percent-Funded Estimates”
A new perspective on measuring financial status

– Why most HOA’s do NOT need to be 100% funded for depreciation.
– Why each Association’s funding requirement is different from others.
– Should different associations have different percent-funded goals based on their unique list of expenses?
– Should the California Civil Code focus on disclosing the Percent-Funded Estimate statistics?

Date/Time – Tuesday, September 29, 2009 – 7 PM
Place – Encina Royale Clubhouse
250 Moreton Bay Lane, Goleta