Silver Service (Accounting Plus)
Our Silver Service Package provides accounting services plus collections, budget preparation assistance, and attendance at the budget meeting by an assigned Licensed Community Association Manager. The LCAM is assigned as a liaison in regards to accounting, budgeting and collections only, but is also available for meetings and special projects at an hourly fee.
Licensed Community Association Manager Liaison: Assigned for
collection, budgeting and accounting only functions. Additional services
can be provided at an hourly fee.
Official Records: Maintain a roster of all lot and unit owners with mailing
address as required by Florida Statutes.
Accounting: Complete monthly financial package includes balance sheet,
profit & loss statement, general ledger, check register, account reconciliation,
delinquency, and prepaid reports. Delivered via email monthly.
Budget: Assist Board with preparation of annual budget, prepare & mail
notices and attend the budget meeting.
Accounts Receivable/Collections: Charge owner assessments and apply late fees and/or interest according to the association’s governing documents. Post assessments and other monies due to the Association. Mail delinquency statements, prepare and mail intent to liens in accordance with Florida Statutes, and forward and monitor delinquent accounts with attorney.
Meetings: As requested; additional fee applies.
Property Inspections/Violation notices: As requested; additional fee applies.
Correspondence: Respond to owner correspondence regarding assessment payments and account matters. All other correspondence will be forwarded to the association’s contact person.
Vendor Invoices: Checks are cut once per week for approved invoices received the prior week from the Board. W-9 is required before a check may be issued for vendor invoices.
Vendors: The Association shall bear sole responsibility for determining that all contractors and/or vendors are fully licensed and insured, including workers’ compensation and general liability insurance.
The Association shall carry and maintain, at its sole expense, all insurance necessary and adequate to protect the interests of the Association and provide proof of insurance to HMI annually.
The following matters with respect to the association are the sole responsibility of the association’s Board of Directors:
Day-to-day management of the Association
Vendor management (bids, contracts, and project management)
ARC / ARB
Property / violation inspections and noticing
Legal matters regarding the association
Posting of meeting notices, newsletters, and community notices
Property damage and maintenance
Maintaining operating files, minutes book, quotes, and Association paperwork