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Board staff preparing 'Finance 101' and 2026 budget work; directors discuss CPI and insurance impacts
Summary
RCSC staff said a Finance 101 guide is near final and the 2026 budget process is underway; directors discussed using CPI as an annual benchmark and noted insurance increases as a separate pressure.
Director of finance Kevin McCurdy and board members updated the membership on materials to help residents understand RCSC financial statements and on developing the 2026 budget.
The guidance could affect membership expectations about future assessment adjustments and the board’s approach to revenue and expense planning. Director McCurdy’s office provided a draft Finance 101 document and the…
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