In 23 years, five times there have been no increase to the dues, five times there have been double digit increases, and 13 times there have been single digit increases.
Of the single digit increases, eight have been less than 5%. Average in inflation in the last 23 years is 3% so the dues should increase at the bare minimum of 5% each year. Over the life of the HOA, the average increase is 4.8%.
If the dues were raised 5% each year in the past 23 years, dues would be $338 in 2027.
| YEAR | COST PER MONTH | % INCREASE |
|---|---|---|
| 2027 | $327 | 10% increase |
| 2026 | $297 | 10% increase |
| 2025 | $270 | 10.6% increase |
| 2024 | $244 | 0% increase |
| 2023 | $244 | 6% increase |
| 2022 | $230 | 11% increase |
| 2021 | $207 | 6.2% increase |
| 2020 | $195 | 0% increase |
| 2019 | $195 | 2.6% increase |
| 2018 | $190 | 5.5% increase |
| 2017 | $180 | 12.5% increase |
| 2016 | $160 | 0% increase |
| 2015 | $160 | 6.6% increase |
| 2014 | $150 | 0% increase |
| 2013 | $150 | 2.7% increase |
| 2012 | $146 | 0% increase |
| 2011 | $146 | .07% increase |
| 2010 | $145 | 3.5% increase |
| 2009 | $140 | 4.4% increase |
| 2008 | $134 | 4.6% increase |
| 2007 | $128 | 6.6% increase |
| 2006 | $120 | 4.3% increase |
| 2005 | $115 | 4.5% increase |
| 2004 | $110 |