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OAKWOOD LAKES COMMUNITY ASSOCIATION

FINANCIAL INFORMATION

ASSOCIATION CONTACTS:

GOVERNING DOCUMENTS:

ASSOCIATION INFORMATION:

LOCAL INFORMATION:

2011 ASSESSMENT DATA

Rates:

  • $164.56 for non-lake lots

  • $205.93 for lake lots

Assessment Due Dates (Please remit to Community Manager):

  • January 1st

  • April 1st

  • July 1st

  • October 1st

NOTE:

To avoid late charges, homeowners should allow sufficient time for their assessment dues payments to be received at the offices of our Community Management Company by the due date shown on the dues billing.  Homeowners who use on-line bill paying facilities should also allow sufficient time for their on-line bill payers to prepare checks and have those checks received at the offices of our Community Management Company by the due date shown on the dues billing.

2011 BUDGET

Revenue:

 

Residential Assessments

$141,908

Expenses:

 

Landscaping

$25,615

Sprinkler Repair

$7550

Lake Maintenance*

$24,410

Maintenance / Repairs

$2,840

Utilities

$13,570

Administrative Expenses

$38,818

Total Expenses

$112,803

Reserves Account

$29,105

Total Expenses and Reserves

$141,908

*

Lake Expenses include all lake-related maintenance, supplies and utilities.

 

Lake Expenses are split 60% / 40% between lake and non-lake lots (CC&Rs Section 6.2.3).

 

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Last Updated:

04/07/2010 12:33:14 PM

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