CORONADACondominium community · Bellevue, Nashville, TN

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Financial Transparency

Last updated: 2026-11-04. Official reports are the PDFs below; summaries are for convenience only.

Three kinds of funds

  • Operating funds

    Pay for day-to-day operations such as maintenance, utilities, and management under the annual operating budget.

  • Reserve funds

    Set aside for major repairs and replacements of common elements.

  • Special assessment funds

    Collected through the special assessment for specific repair work such as roofing and siding. Reported separately on the Community Improvements page.

Annual Budgets

2027 Operating Budget

Approved by the Board by email on 10/19/2026 and ratified at the 10/27/2026 meeting. The Board noted that fees did not increase while there were active assessments (10/27/2026 minutes).

  • 2027 Operating Budget — PDF from Ghertner (dated 10/14/2026), shown with the 2026 budget for comparison. Approved by the Board 10/19/2026 and ratified 10/27/2026.

Financial Statements

Summary (10/27/2026 minutes): The Board approved the financials as presented. Management reported the community was under budget by $63,000 year-to-date despite some overages in maintenance and utilities. See the minutes and the statement PDF for the official figures.

Special Assessment Reporting

Latest reported figures

As of October 2026 (per 10/27/2026 Board minutes). These are separate figures measuring different things; they are not added to or subtracted from one another.

  • Received to date

    ≈ $341,000

    Reported with the Phase 3 assessment plan.

  • Allocated from the assessment fund

    ≈ $222,000

    Assigned to Ghertner Maintenance, Tim Rector, and other contractors.

  • Approved Phase 1 and Phase 2 roofing (Ragan's Roofing)

    ≈ $167,000

    Approved project total, not an amount spent.

Source: Assessment Report, 10/27/2026 Board minutes (PDF)

An updated figure will be posted when the next financial statement is available.

See assessment-funded projects

Reserve Funds

Reserve account balances are included in the financial statements above. Reserve planning documents will be posted here when available.

Financial Archives

Prior-year financial documents will be posted here when available.

This site does not publish account numbers, individual owner balances, or delinquency records. For your own account, use the homeowner portal.