Annual meeting
The annual meeting is being permanently moved from its long-standing June date to November. This is being done to align with the association's fiscal year (January - December).
It is easier to predict the expenses (and dues rate) accurately if the board knows the insurance rates (27% of budget), which are set in November, and the reserve costs (23% of budget), which are based on mid-year Reserve Studies. With this information and other information on contract renewal rates, it is easier to budget accurately.
The board will distribute a mid-year report in July in place of the June meeting.
Mark your calendars for November 2nd at the Bent Tree Country Club.
Apparently HOA dues are going up 25% as of January 2024. This exorbitant increase calls into question how the money is being managed.
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