The assessment for 2024 is increasing to $82.50 vs. the previous rate of $75.00. This increase was approved by a unanimous vote of directors and kept at no more than 10% per the covenant rules. The last increase was in 2005. The increase was needed as liability insurance that covers common ground increased by more than 25% this year.

If you have any immediate concerns please reach out to your board members directly. We will discuss the budget in further depth at our meeting in April.