Management Services

Finance and Budgeting

GPI prepares a proposed operating budget setting forth an itemized statement of the anticipated receipts and disbursements for the next succeeding annual period, taking into account the general condition of the Association and the Community Facilities. The proposed budget shall comply with the requirements of the Association documents and the Florida Statutes. The proposed budget will be presented at least 90 days prior to the end of the current year. The Association shall review the proposed budget, make revisions and give final approval.

GPI prepares and recommends a fully funded reserve budget that meets the requirements of the Association documents and the Florida Statutes.

GPI assists in developing a short and long term financial plan to facilitate the Association’s goals and objectives.

GPI provides informational services to mortgage companies and title companies, via an independent third party administrator, as needed for the transfer of unit ownership or the refinancing of mortgages.

GPI acts as a repository for official records if requested by the Association, required to be stored on behalf of the Association by Chapter 718 or Chapter 720 of the Florida Statutes. Such official records shall be made available for inspection in accordance with applicable state and federal statutes during GPI's office hours.