Birchfield Woods Cluster Association

Budget & Reserve

Assessments are set by the entire membership of the BWCA at each annual meeting, which is usually held at the beginning of April each year. The Board of Directors prepares a proposed budget based on prior years' expenses and anticipated future needs. This proposal can be, and usually is, modified before it is approved by the membership as a whole.

Reserve studies are conducted by third-party financial and engineering firms to assess the health of BWCA's finances and provide estimates for future maintenance and repairs BWCA and its members are financially responsible for. These do not occur every year because estimates do not change that drastically from year-to-year.

2020 Approved Budget
2019 Approved Budget
2015 Approved Budget
2014 Approved Budget
2009 Approved Budget
2008 Approved Budget
2007 Approved Budget
2006 Approved Budget
2005 Approved Budget
2004 Approved Budget
2020 Reserve Study
2014 Reserve Study

2009 Reserve Study
2008 Reserve Study
2007 Reserve Study
End of FY 2005 Reserve Study
2005 Reserve Study
2004 Reserve Study