Tahoe Donner reports stronger early 2025 revenues and adopts new financial policies to shore up reserves

Tahoe Donner Association leaders told members at the annual meeting that the community’s finances are recovering from last year’s shortfall and that the board has approved a comprehensive update to capital and financial policies to strengthen long-term reserves.

At the meeting July 12, Don Kunis, Tahoe Donner board treasurer, said audited 2024 results left the association $556,000 short of budget, a deficit absorbed from operating fund balance. Through May 2025, Kunis said, revenues were 8% favorable to budget, expenses on budget and net operating revenue about 7% favorable to budget — roughly a $250,000 improvement that recouped nearly half of 2024’s shortfall.

The association’s balance sheet and cash positions were described as substantial: Kunis said the association held about $105 million in assets and just over $90 million in member equity in the 2024 audited financials, and about $46 million in total cash across funds…