Preserving the financial health of the Noble Park Association to prevent unexpected financial burdens for individual homeowners is a critical element of the Board’s responsibility. In addition to the day-to-day management of operating funds, three reserve funds were created to direct a program of planned long term investments in (1) periodic maintenance of the NPHOA perimeter fence, (2) replacement funds for replacement of the fence, and (3) contingency funds for the HOA’s operational costs. The planned investments will be made to each reserve fund on an annual basis.