2020-21 LLCC Budget Vote Supporting Documentation
The Lake Limerick membership approves both budgets per state law and they can be implemented. An independent audit is not required. A great big Thank You to Gayle Wilcox and her committee. Please click on the link below to view voting results.
Ballot Count Sheet – 10.17.2020
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Board Meeting Saturday, October 17th
(Click Here for Meeting Agenda – Board202010Agenda)
Special Start Time 11:00 am
Go To: https://zoom.us/
Select: Join A Meeting
Meeting ID: 817 6335 5666
Pass Code: 181279
HOA Semi-Annual Meeting Saturday, October 17th
(Click Here for Meeting Agenda – Board202010SemiAnnualAgenda)
Special Start Time 1:00 pm
Go To: https://zoom.us/
Select: Join A Meeting
Meeting ID: 817 6335 5666
Pass Code: 181279
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Posted 10/5/2020
The 2020-21 budget does not reflect future needs identified in a Reserve Study. During our current fiscal year, a Reserve Study will be conducted by a specialized consulting firm so future budgets take into consideration Lake Limerick’s long-term asset management needs.
WA State law referencing RCW 64.38.065 states “An association is encouraged to establish a reserve account with a financial institution to fund major maintenance, repair, and replacement of common elements, including limited common elements that will require major maintenance, repair, or replacement within thirty years.”
ADOPTED – 2020-21 HOA Budget 9.14.2020
ADOPTED – 2020-21 HOA Budget Assumptions 9.14.2020
ADOPTED – 2020-21 HOA Capital Projects 9.21.2020
ADOPTED – 2020-21 Water Budget 9.12.2020