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Financial Reports

Monthly financial reports are the lifeblood of association management.  Timely reporting of the financial standing of Association funds is critical for the Board to meet its fiduciary responsibilities to the community members.

Typical reports that are provided each and every month to the Association are:

  • Balance Sheet
  • Statement of Receipts and Disbursements (with comparison to budget)
  • Cash Flow Statement
  • Replacement Reserve Summary Report
  • Cash Expense Distribution Report
  • General Ledger
  • Delinquency Report
  • Property Manager Report

Financial reports are delivered monthly to the Association Treasurer as well as other Board members as requested.

Towne Properties Raleigh District utilizes cutting edge technology developed specifically for the Association Management industry.  Reports are accurate and accessible. Our goal to make sure that every Treasurer understands and is confident in the reports provided.

Double Check?  Trust and Verify.  Unlike our competitors, Towne Properties Raleigh District provides your Treasurer access to a corporate report site for verification of all reports.