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4 | OHCC LIVING | OCTOBER 2025 | agreement through Cox to obtain increased internet speed for the community through the installation of ber to the home. e Board approved without objection to proceed in principle with the current proposal. • Approved the removal of a large pine tree behind Cordoba Way due to invasive roots, at a cost not to exceed $4,600. • A proposal to plant trees on the Golf Course was deferred to allow more time to research potential trees. e Board met in executive session on Sept. 8 and took the following actions: • Approved the Minutes of the executive session meetings on Aug. 18, 2025. • Approved four citations referred by the Citation Review Committee and approved a ne of $150 each for a failure to STOP. • Reviewed a delinquency and referred to regular Board meeting. • Approved an awning for the Casa. • Approved a change order from EFR for removal of brush near the lake ll site, not to exceed $4,950. • Reviewed a change order from GeoCon for soil testing. • Reviewed the bid package for the Asphalt Project. To close this report, I want to welcome our new Board. Together with returning members, we have a deep dedication to our duciary duty to protect the association's nancial resources while maintaining and enhancing our community. is is demonstrated through careful review of contracts, bid packages, and everyday spending. Our treasurer does an outstanding job of tracking every dollar spent through our purchase process, requiring approval from at least two members. I am told it can be a thankless task, but the person saying always smiles and says, "ank you, so much." Together, we are here to listen, and we realize a sense of accomplishment when we see the smiles. ank you for being a part of another day in paradise. Continued from previous page e Executive Finance Committee met on Aug. 19, 2025, to review July 31, 2025 nancial statements. is review included comprehensive explanations of variances from the budget. Abbreviated nancial statements are posted on the website. e total variance from budget for four months of the scal year is $19,084. During the four months ended July 31, 2025, additional income was realized from higher interest rates. Required tree removals, tree trimming and landscaping replacements increased expenses. e certied audit for the scal year March 31, 2025, required adjustment to the accrual method for payroll expenses. is adjustment is reected in the July 31, 2025, statements. e equity balance at July 31, 2025, is $287,071. Currently the state of the Association's nances remains sound and stable. Treasurer's Report By Ann Collins, OHCC Treasurer Balance Sheet: July 31, 2025 Operating Cash and Receivables $ 968,236 Reserves and Other $ 5,012,995 Total Assets $5,981,231 Reserve & Capital Obligations $ 4,938,208 Current Liabilities $ 755,952 Total Liabilities & Obligations $ 5,694,160 Equity $ 287,071 Income and Expense Statement: Four months ended July 31, 2025 Budget Actual Variance Income $ 3,420,447 $ 3,435,732 $ 15,285 Expenses $ 3,486,063 $ 3,482,264 $ 3,799 Net $ (65,616) $ 46,532 $ 19,084 2025-2026 newly-elected OHCC Master Board Directors L-R: Jean Heer, Jackie Crosby, Don Williams, and Allen Wilson, with Gloria Todisco, General Manager

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