Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When I received my Annual Dues Billing, I noticed that the fees have gone up. Can my Association increase the rates without notifying the members in advance?

April 26, 2017annual Association billing dues fees gone increase noticed rates received

0

Posted

When I received my Annual Dues Billing, I noticed that the fees have gone up. Can my Association increase the rates without notifying the members in advance?

1 Answer

0

Posted

A. The Association has reserves for contingencies where additional money may be collected in order to cover unforeseen expenses, i.e. road repair, etc. In 2007, an annual $200 was collected to build up those reserve funds.