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Finance Committee Meeting December 2, 2025

Belvedere Finance Committee · December 4, 2025

Belvedere Finance Committee reviewed and approved an uncashed-checks policy, kept its CalTrust investment allocation, recommended using $1.03 million in one-time excess reserves for infrastructure and operational needs (including $830,000 for Beach Road stabilization), and accepted the draft fiscal year 2024–25 audited financial statements, with auditors reporting an unmodified opinion and no internal control findings.

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