On November 17th, 2023, at 11:00 a.m., the Annual Budget Meeting for Grand Estuary IV at River Strand will be held. The meeting will be held on Zoom. Login information is included in this notice.

PROPOSED 2024 BUDGET

Enclosed for your information is a copy of the proposed 2024 Budget to be considered by the Board of Directors for ratification by the Board of Directors at the above noticed Annual Budget meeting.

During this meeting, the enclosed proposed 2024 Budget will be presented for consideration by the Board of Directors for ratification. The proposed budget recommends a higher quarterly maintenance fee of $1,555 per quarter per member for the coming year to account for significantly increased expenses for insurance and mandated reserves. The quarterly maintenance fee includes reserve funding utilizing the Cash Flow method (Pooling Reserves) of funding.

Dev Doyno is inviting you to a scheduled Zoom meeting.

Topic: GE 4 Annual Budget Meeting

Time: Nov 17, 2023 11:00 AM Eastern Time (US and Canada)

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Meeting ID: 827 2242 4634

Passcode: 226477

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Meeting ID: 827 2242 4634