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The Finance Commission has the responsibility of preparing the Annual Operating Budget and maintaining a Capital Reserve Plan.  The Commission recommends the annual LBCHA assessment to the Master Board.  It reviews the monthly financial statements and makes recommendations for implementation of expenditures.  The Commission reviews all requests for items not budgeted in the approved budget which require implementation.

 The Commission is responsible for the recommending, selection and evaluation of a CPA Firm, to conduct an Annual Certified Audit for LBCHA and the 13 Condominium Associations.