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The financials for the month of March 2022, the end of the fiscal year, were reviewed by the Executive Finance Committee on April 20, 2022 and the information presented at the last Master Board meeting was verified. That information is included in the packet of information available as part of this meeting's agenda. The financials for the month of April 2022 were reviewed by the Executive Finance Committee on May 18, 2022. The results of that meeting are not included in this meeting's agenda due to notification requirements required by California law. The information presented in this report is based upon my analysis. April marks the first month of the new fiscal year, 2022-2023. Revenue was below projections by $1,700 mainly due to less interest income from our investments and accruals for bad debt, architectural fees and Clubhouse services. Expenses for the month were under projections by approximately <$98,000>, mostly due the year-end accruals taken in the March financials. Surplus for the month is $48,000. Year-to-date income is below budget by $1,700 while expenses are below budget by <98,000> resulting in a net surplus of $48,000 versus a budgeted loss of <$49,000> for a net difference from budget of $97,000.30 April 2022. The state of the Association's finances is sound and stable. Costs for most expenditures have increased so far this year and although the current fiscal year's budget anticipated some of these increases, only time will determine the accuracy of our prognostications. Although the Association has attempted to budget in fiscal year 2022-2023 for increases in most areas of our cost, those budgeted increases are based upon the best information at that time. Recent developments with some of our vendors have presented some additional cost challenges. Increased costs of labor, for example, for employers to retain current staffing levels, has caused some of our larger vendors to open conversations with the Association for cost adjustments to current and pending contracts. Keystone Pacific, our management company, has had some success in recruitment for open positions here at OHCC, such as the maintenance supervisor, however, the permanent general manager's position, and maintenance staff members remain a challenge. This and other escalation related concerns will continue to place an economic strain on our management team as well as our Association as we move through the new fiscal year. | OHCC LIVING | JUNE 2022 | 5 30 April 2022 Operating Cash and Receivables $ 1,523,000 Reserves and Other $ 3,821,000 Total Assets $ 5,344,000 Reserve Obligations $ 3,680,000 Current Liabilities $ 746,000 Total Liabilities & Obligations $ 4,426,000 Equity $ 918,000 April Fiscal YTD Income $ 711,000 $ 711,000 Expenses $ 663,000 $ 663,000 Net (surplus) $ 48,000 $ 48,000 Treasurer's Report By Bob Fisher, OHCC Treasurer The feedback I continually receive from concerned residents is regarding ongoing safety issues within the community. I welcome and encourage resident involvement and am sharing this email received from a concerned resident. Dear OHCC residents, You are enjoying the privilege of living in a beautiful gated community. Many guests and residents walk, dog walk, ride bikes, use electric scooters, ride golf carts on our streets. If you drive any vehicle with wheels, you are legally required to STOP at ALL STOP signs. This means ALL wheels must stop turning. An easy way to remember this DMV requirement is to count slowly to three. Please let your visitors and contractors know that violations are issued for failure to come to a complete wheel standstill at ALL STOP signs. Remember STOP = Stop to Avoid Problems. Another resident contacted HOA Management to share their harrowing experience involving a bicyclist nearly colliding with a vehicle on Leisure Village Way. The resident witnessed the bicyclist's failure to stop at a stop sign near the front gate however was able to avert serious injury or worse by steering into the grass. As a reminder, bicyclists are required by law to stop at all stop signs. Take a few additional moments to keep yourself and the community safe. Obey the posted speed limit and come to a complete stop at all stop signs. As summer approaches, the reality of wildfires is once again thrust upon Southern California. It is incumbent upon all of us to be prepared in the event an evacuation is ordered for OHCC. I encourage all residents to develop a plan and to have an emergency supply kit prepared with medications, medical supplies, important contact numbers, cash, food, water and extra clothing for up to 72 hours after the evacuation. For more detailed information please visit https://www.usfa.fema.gov/downloads/pdf/publications/ wildfire-evacuation-checklist.pdf . If there are mobility issues with a person or persons in your home, please take those into consideration and notify CPS and your neighbors so you receive the assistance needed in the event an evacuation is ordered. As always, please contact me at the front gate guardhouse or via email or phone with any questions, concerns or suggestions as it relates to the safety and security of Ocean Hills Country Club. Scott Lemieux, Director, OHCC Community Patrol Services Community Patrol Services

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