The information below was presented during November’s board meeting, where we discussed ways to fund the HOA for the long term. This information should be read within the context of the following posts: “We Need Your Input: Planning for Robin Meadows’ Financial Future” and “Understanding Our Dues and Future Obligations.”
Proposal 1 – Keep the CC&Rs the same
- Maintenance budget – https://docs.google.com/spreadsheets/d/1bEdOHdiN9pW7uuUSQfIzycJeRNI5EuOO/edit?gid=1084317035#gid=1084317035
- Reserve budget – https://docs.google.com/spreadsheets/d/1rvGrGzUhZJQrDVGB97k4rl8v5B2W0cOj/edit?rtpof=true&gid=1379711528
Proposal 2 – Change the CC&Rs; HOA performs gutter cleaning once a year, moss out once a year, and power washing every four years
- Maintenance budget – https://docs.google.com/spreadsheets/d/1-kdGu2e2-jUcHf29Rtd6AiP_VCyAajxZ/edit?gid=1084317035#gid=1084317035
- Reserve budget – https://docs.google.com/spreadsheets/d/1OcJj5_opuEObeT18wXVBlxzaKfGwclc8/edit?gid=901765487#gid=901765487
- Requires 75% homeowner approval
Proposal 3 – Change the CC&Rs; HOA provides no exterior home maintenace
- Maintenance budget – https://docs.google.com/spreadsheets/d/1bEdOHdiN9pW7uuUSQfIzycJeRNI5EuOO/edit?gid=1084317035#gid=1084317035
- Reserve budget – https://docs.google.com/spreadsheets/d/1rvGrGzUhZJQrDVGB97k4rl8v5B2W0cOj/edit?rtpof=true&gid=1379711528#gid=1379711528
- Requires 75% homeowner approval
Here is a spreadsheet that compares the three proposals –https://docs.google.com/spreadsheets/d/1Ix-JUqZ_SsJBum9N9o2a353A5WgiPF5GMLAM2Kxm42o/edit?usp=sharing