Join representatives from the Board for Starbucks and bagels in the Spring Street lobby from 7:30 to 9:30 a.m. on Wednesday, August 13th. Information about the Homeowners’ Forum will be available.
Finance Committee
The Finance Committee is responsible for reviewing MidCity Lofts’ annual operating budget, and communicating to the Board whether condo association dues will sufficiently fund the building’s short-term operations. The Finance Committee is also responsible for monitoring the building’s long-term projects, and ensuring that the reserves are sufficiently funded to meet the building’s forecasted capital repair and improvement projects.
To facilitate these goals, the finance committee will annually prepare/review the building’s operating budget; analyze on a monthly basis the building’s financial statements; analyze potential revenue sources and new expense commitments; and regularly review the adequacy of the building’s reserve fund.
The current chair of the Finance Committee is Joel Rubensohn.
August meet and greet
Finance Committe Meeting
There will be a Finance Committee meeting the evening of Thursday, June 19, in the G2 conference room.
All residents are welcome to attend!