Classic will review the collection policy of Your Homeowner Association with our collection attorney to be sure of compliance with the governing documents and relevant laws. The delinquent accounts will be processed according to your collection policy automatically to insure a maximum collection of debts. The financial reports are produced on the first day of the month, for the prior month end. These reports are delivered to the Board of directors one week prior to the monthly Board meeting for their review. We provide a Budget Comparison Report monthly in order to track your spending.
Classic managers manage by objectives.
This places a premium on preparing and implementing a budget. We will schedule a budget meeting to help the Board determine the best budgeting for the upcoming year. By carefully tracking expenses and correctly projecting income, the resources will always be available to maintain the buildings and common area without unanticipated increases.