2026-2027 Annual Budget Report
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Budget Summary See enclosed Budget Summary for your review. The complete Budget may be obtained by a request to SSalazar@orps.com. Assessment & Reserve Funding Disclosure Summary See enclosed Assessment and Reserve Funding Disclosure Summary for your review, which includes a: A. Reserve Funding Summary B. Reserve Funding Plan C. Procedures for Calculating Reserves Major Component Repairs The Board of Directors has not deferred or eliminated any repairs or replacements of any major reserve components . Anticipated Special Assessments At this time, the Board of Directors does not anticipate the need for a special assessment. Reserve contributions are currently funded through monthly assessments.
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Outstanding Loans The Association does not have any outstanding loans.
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Insurance Summary See enclosed Insurance Summary for your review.
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Charges for Documents Provided See enclosed for Charges for Documents provided for your review.
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