The board, somewhat reluctantly, has voted to increase the annual dues this year by 3% as provided by the by-laws. Three percent is not a whole lot. You will be getting a letter from the management company next month.
This increase is necessary due to three main reasons. One is the rise in cost of everything, in general. The cost of pumping water into the lake has increased pretty dramatically in the last year-for reasons we don't totally understand. Another reason for the increase is that as of 11-30-11 there was $49,877.45 in back dues owed by homeowners to the HOA. Many owners have not paid their dues in many years. The management company does put a lien on property when the arrearage gets to a certain amount.
The board is well aware that times are bad and that because of that some people are not paying because it's an actual hardship. But we are also equally aware that there are people, some who live directly on the lake, who don't pay simply because they don't want to. This is evidenced by the 2 cars, new truck and new motorcycle sitting in the drive way. We will try and be understanding to those who are really having a hardship, if we know about it and can verify the hardship. And continue to be unhappy with those sit around and expect others to take care of business.
So the bottom line is that we feel we need this increase to keep this community viable and looking and functioning like the good people who live here want it to be.
Bobbie
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