Board approves a 5.8% increase in the annual dues to address inflationary increases to goods and services; as well as increasing funding to the capital reserve. The 2024 Dues are now $82.50 per quarter; a $4.50 increase.
Capital reserve study planned for mid-year.
Delequent payments of homeowner dues approach $1,000 dollars. Approximately 17% of the homeowners in the Association.
Board approves motion to remove late and miscellaneous charges to homeowners’ AR accounts to encourage dues payments before December 31,2023. Many of these charges are the result of difficulties with using Cadden’s new payment system.
Annual Meeting is set for January 23, 2024, 5PM, at the Oro Valley Library
