FUNDS WERE USED TO MAINTAIN AND REPAIR COMMUNITY CENTER, TO PAY FOR STREET LIGHTS FOR THE NEIGHBORHOOD, AND TO MAINTAIN COMMON AREAS. COMMON AREAS INCLUDE TWO LAKES, TWO DAMS, PROPERTIES HELD BY THE ASSOCIATION, AND ENTRY TO NEIGHBORHOOD. EXPENSES ALSO INCLUDED OPERATING EXPENSES TO ANNOUNCE AND PROMOTE QUARTERLY AND ANNUAL MEETINGS, TO ERECT NEW SIGNAGE AT NEIGHBORHOOD ENTRY, AND TO ADDRESS LEGAL CONCERNS REGARDING THE RULES, RESPONSIBILITIES AND AUTHORITY OF THE ASSOCIATION. SURPLUS FUNDS ARE BEING SET ASIDE FOR THE RENOVATION OF THE PARK/POOL AREA. THESE FUNDS ARE EXPECTED TO BE USED TO RENOVATE THIS AREA DURING FISCAL YEAR 2022.