Regime I Financials

Regime I mirrors the same fiscal year cycle as BIYC: July to June. The budget is approved by the regime board and is a guideline for predicting the amount of funds that could be transferred to reserve funds (from operating funds), which supports major planned maintenance. Unforeseen repairs reduce the funds available to be transferred to reserves, or reduces reserves if used as the source for payment.

Current financial reports are available on the Waccamaw Management website link below.

www.waccamawmanagement.com