River Hill Community Association FY 2026 Draft Budget

The Association’s Fiscal Year runs May 1, 2025, through April 30, 2026. It is the Board of Directors’ responsibility to develop and approve an operating budget each fiscal year. The proposed operating budget reflects the Columbia Association approved FY 2026 Annual Share of $323,077 and rental/lease income of $250,000. Operating expenses are estimated to total $625,850 with an allowance in legal fees for review of the Architectural Guidelines. The proposed budget will be discussed at the upcoming Board meetings in April.

The draft budget is presented below.