HOA Fee Increase
The 2018 HOA Fee will be $580. This fee is due December 31.
Unfortunately, if we change nothing we will run a deficit of approximately $40,000. Basically, at the current fee rate we bring in $115,733 and have expenses of $154,748.
The documents section of this website has the 2017 itemized financials. There is also a proposed 2018 budget summary file, not updated to reference the fee increase. (Budget)
That all being said, we believe that we can decrease our water and landscaping costs, which currently total over $100,000. However, it would be irresponsible to count on hoped for reductions, so we are increasing the fee by the minimum increase we feel comfortable implementing.
Also, it is important to note that you can pre-pay your HOA fee on a monthly basis. We will provide more information on this option in January.
Other Changes
Stones in your landscaping are allowed dependent on ARB approval.
Basketball hoops are allowed dependent on ARB approval.