On January 22nd, 2024, The Church Point Homeowners Association Board of Directors established the Budget Committee during their Meeting through a Board Resolution. You can reach the Budget Committee Committee via email at budget@churchpointonline.com.

Responsibilities

• Review budgets and financial documents from previous years.
• Evaluate upcoming maintenance expenses.
• Gather estimates from vendors.
• Estimate costs of special projects or services for the upcoming year.
• Calculate HOA annual fees.
• Assist in reviewing and updating the periodic reserve studies.
• Assess reserve fund levels and determining how much needs to be set aside.
• Find ways to cut costs and source funds.
• Create a budget that effectively balances income and spending.
• Monitor the HOA’s adherence to the annual budget.