College Greens East Homeowners Association, Inc. operates on a calendar year financial cycle.
The Association’s Budget for 2026 totaled $116,234, requiring an assessment of $223 per member to sustain operations and fund future (reserve) requirements.
The Association’s Budget for 2027 totals $127,143, requiring an assessment of $246 per member.
The Association’s Budgeted Expenditures are grouped into several categories, including: Landscaping, Facilities, Utilities, Professional Services, Administrative Costs, Insurance, Taxes, Community Enrichment Programs, and a contribution to the Association’s Reserve Fund to pay for future major maintenance or repairs to prevent the unpleasant surprise of special assessments for those needs.
The Association’s Reserve Plan is professionally updated annually and reviewed in detail every three years. An overview is mailed to every member as part of the 2027 Annual Budget Report and Policy Statements Package. Or you may view the entire 2026 Reserve Study Update for FY2027 online.
The Association’s Accounting is Independently reviewed by an outside accountant every year. A copy of this review is mailed to every member or you may view the Independent Review of the Association’s 2025 Financial Statements online.