A. Operating Budget.

1. Assist the Board of Directors in preparing the operating budget for the Association's accounting period.
2. Assist the Board of Directors in preparing a "Long Range" Capital Improvement/ Replacement Plan for the Community to use as a basis for replacement reserve funding.

B. Collection of Fees and Assessments.

1. Order assessment coupon books.
2. Record all receipt in the Association's books.
3. Deposit all funds to the appropriate Association accounts.

a. Special trust operating accounts.
b. Reserve savings accounts.
c. Special function accounts (if any).

4. Take action on all delinquent accounts..

a. Send delinquency notices.
b. Assist Association attorney in filing liens.
c. Assist Association attorney in foreclosure (if necessary).

C. Disburse funds on a timely basis for all Association bills.

1. Establish authorized spending limits.
2. Prepare and remit funds from operating accounts.
3. Prepare and remit funds from reserve accounts when applicable.

D. Distribute monthly financial statements to the Board of Directors.

1. Prepare income/ expense operating statement.
2. Prepare income/ expense replacement reserve statement.
3. Prepare a balance sheet for the current period.
4. Prepare a delinquency and prepaid status report.