What are the annual dues used for, where does my money go?
Each year, our expenses total approx $24,000. As a percentage, here’s the quick answer: Mowing & common area maintenance – 37%; Management company and administration – 20%; Pond and Sprinkler System maintenance – 18%; Electricity – 17%; Tax & Insurance – 7%; Block party – 1%. The annual financial budget is sent out annually each January, and you can also obtain a copy by attending the annual Homeowners meeting, generally each January too.
