Dues Increase for 01/01/2016
(Questions and Answers)
1. Why raise dues in 2016?
The Board recently received (8/6/15) the results of a comprehensive Reserve Study recommending beginning to accumulate funds promptly to replace all our private roads. That strategy saves money over time. Our capital reserves (items >$2,500.00) are at a lower level than recommended. That low level (24%) of capital reserves increases the risk for undesirable special assessments. Continue reading »