
Why do we have Assessments?
Assessments are the monthly dues owed the Association by each Association Member (lot owner). Assessment income is used to manage and operate this business we call an Owners’ Association and to maintain Association-owned properties, elements, equipment, etc. Some common expense sheet items include, but are not limited to:
- Monthly pool janitorial and pest control services.
- Pool equipment repair and maintenance and three times a week for service, cleaning, and chemicals for the pool.
- Common area landscaping, trees, bushes, and irrigation.
- Electricity, phone, internet, water, trash, security service for the pool area.
- Insurance and property taxes for Association-owned common areas.
- Accounting and legal fees.
- Repair and maintenance of the vinyl fencing in common areas.
- Rent for our storage room down the street at Extra Space Storage.
- The yearly website payment.
- The gate monitor expense (this one is always a big one).
- It’s a lot, you would be surprised. I know I was.
- Online payments links.
- Setting up automatic payments.
- Check and money order details.
- Payment mailing address.
- Due dates and late fees.
- Collection and attorney fees.