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Welcome to the Sun City Texas Finance Committee Website

 

The Finance Committee (Committee) is the financial interface between the Residents and the Community Association Board. The Committee has oversight responsibility for the financial operations of the Community Association. Actions taken by the Committee require Board of Directors approval. The Committee is composed of seven resident members who are selected through the nominating process and approved by the Board of Directors.

 

The Committee works closely with the Community Association Director of Finance. The Committee has a Neighborhood Representative Ex Officio, and provides Ex Officio representatives to the Golf, Property & Grounds, Sports Committee, and Maintained Homes governance committees.

 

The Committee oversees the Community Association financial budgets, Asset Repair and Replacement Funds (ARR) operations, and purchasing process for both the HOA and Golf operations.

 

The Committee has four permanent sub-committees, which include: HOA and Golf ARR Fund, Insurance, Investments, and Financial Controls. Sub-committees have both Committee members and resident non-committee members.    Non-Finance Committee members are selected by the Finance Committee. These sub-committees perform fact finding and analysis of specific issues and make recommendations to the Finance Committee.

 

All meetings (except executive sessions), including annual budget preparation meetings, are open meetings with residents welcome. Each meeting provides a resident comment opportunity. All draft policies are posted for resident comment prior to submittal to the Board of Directors. 

 

An email link is provided for residents to submit ideas and suggestions. These emails will not be responded to individually, but if there is Committee support, it will become an agenda item. 

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