Select Blog

WHY DID MY HOA ASSESSMENT INCREASE? - UNDERSTANDING THE BUDGET
PROCESS Listing Image

WHY DID MY HOA ASSESSMENT INCREASE? - UNDERSTANDING THE BUDGET PROCESS

No one enjoys when a product or service costs more than the last time they paid for it. However, sometimes it is unavoidable that the price of something--increases. All HOA/POA members will experience the increase in assessment fees from time to time after a new budget is created. Although it is not news that residents may want to hear, it is sometimes necessary to maintain the financial health of the community. A HOA Board's duty is to the community as a whole, and by working to keep a w Read More