Our financials are handled by our management company, Colby Management, Inc., with direction from the Treasurer. An annual budget which provides individual areas of expenditures and our Reserve Funds is prepared in the fall for the following year. This budget is used to determine the amount of the monthly dues for homeowners. Our Reserve funds cover future painting of our homes, replacement of landscaping gravel, and replacement of the sprinkler system. Colby collects the dues, pays all invoices, and provides the Treasurer with a monthly packet of financial expenditures. The packet includes budget items, a Balance Sheet, and information on each homeowner’s status regarding dues payment. They maintain the Membership Directory, and notify us when a home is sold. The current year’s Budget and monthly Budget Comparison Reports and Balance Sheets are posted here.