HOA Annual Report

What is an HOA annual report?

An annual report summarizes the association’s financial performance and activities over the past year. It may include updates on board elections, completed or upcoming projects, reserve funding status, and any changes to governing documents.

Why is the HOA annual report important?

It promotes transparency and can be required by law in some states. A clear, comprehensive report reinforces accountability, builds homeowner trust, and helps ensure alignment between the board and residents.

How can you use “HOA annual report” in a sentence?

Reviewing the HOA’s annual report helped homeowners understand how their dues were spent over the past year.