HOA Dues for this association is $310.81 as of January 1, 2024. They are due on the 1st of each month. A $25 late fee is assessed if Dues are paid after the 10th day. 1.5% monthly interest is charged on balances.
Monthly HOA Dues do not appear on your statement until the 1st day of the month.
Cleanup Fees are due within 30 days and Fines within 10 Days of the invoice date. They must be paid before payments can be applied to Dues.
Currently, no Special Assessments are proposed for 2024. However, this could change based on several factors:
If the community incurs unforeseen costs that fall outside of Budget.
Additional trash removal costs are incurred due to Dumping and Littering continue to run above Budget.
If the community does not generate the projected budgetary revenue from the sales of Reserved Parking.
PAYMENTS
This HOA does not accept checks by mail and coupon books are not issued.
Payments to this HOA are made via the Owner Portal powered by PayHOA.com.
Check/ACH payment (no fees) and Debit/Credit Payments (2.9% Fee) are both accepted.
A $50 Return Check Fee will be assessed by the HOA if your Check/ACH bounces.
To pre-pay, please submit a General Request in the Owner Portal indicating the amount/#months you wish to pre-pay. You will receive an response once an invoice has been generated.
Note: There are some challenges in the PayHOA.com implementing pre-payments (particularly when trying to do so in the months of November & December). So if you receive a double billing in the future, don't be alarmed. Simply submit a request via the Owner Portal to have your ledger adjusted.
If your account is locked and in legal status, note that payments made to legal cannot be instantaneously applied to your ledger. It can take approximately three (3) weeks to post to your account in the Owner Portal (PayHOA.com). Seven days to completely clear in the legal escrow account. (After 7 days, as a courtesy, we receive notice from legal to unlock accounts that are paid in full, even though the HOA has not yet received the money). Another week before they issue a check to the HOA and mail it to the HOA Treasurer. And then another week before the HOA Treasurer receives the check, enters it into the system, and manually deposits it into HOA Operating Account.
Due to Privacy laws, the HOA does not have access to checking, debit/card, or Auto-Pay setup in PayHOA.com. Please read the PayHOA.com How To Articles or contact PayHOA.com support directly.
Water is included in Dues. Beginning January 1, 2024, the portion of dues paid towards water will be indicated monthly HOA invoice.
The HOA is paying approximately $83 per month/unit for water. The per month/unit HOA Dues contribution towards water is approximately $69.
The community as a whole cannot continue to cover this shortfall. So the HOA will be working in 2024 to transfer the costs of water directly to the units.
Beginning December 1, 2023. washing vehicles is prohibited due to the budget constraints and the increasing cost of water.
The Dues amount is calculated by splitting the total costs of running the community amongst our 277 homeowners.
The homeowners have historically not paid enough dues to adequately fund the reserves and maintain positive cashflow.
The average Dues at similar HOA communities is approximately $325+ per month/unit without water and $385+ per m month/unit if water is included.
Dues increased 15% in 2024. Expect a similar increase in 2025 to overcome budgetary shortfalls.
PERSONAL FINANCES
The HOA does not control inflation or the rising costs of goods and services.
The HOA consists of elected, non-paid, volunteer homeowners who live in the community. When costs increase, they feel similar financial pressures as you!
WARNING: Tirades, threats, aggressive behavior, lectures, and guilt trips directed towards the HOA Board members, management, committee members, vendors, or employees will be immediately referred to counsel and/or legal authorities.
If you feel as if you cannot afford the HOA Dues and Special Assessments, please seek financial advice.