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Home » Document » 2020-21 LLCC Budget Vote Supporting Documentation

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

ADOPTED – 2020-21 Water Budget Assumptions 9.21.2020

ADOPTED – 2020-21 Water Capital Budget 9.12.2020