Board approves even lower-than-expected coupon increase for 2024 GRF portion will be 1.45% higher than last year The GRF Board on Sept. 28 unanimously approved a $26,813,025 operating budget for 2024, about 5% higher than this year but which includes a 1.45% coupon increase for 2024. That means the 2024 GRF portion of the coupon, which applies to all homeowners, will be $334.69 a month,