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2000 Assessment. The assessment for this year is $74 per residential lot. Figured on a
monthly basis this is a little over $6.00 per month. The emphasis on this budget is
focused on several areas:
(See Note 1 in the budget)
- Improving the overall appearance of the Auburn-Folsom front entrance.
- Aggressively maintaining the 28 acres of wooded common area.
- Improved homeowner communications
Common Area Expenditures.
The Common Area requires
on-going maintenance in the areas of public safety, fire protection and general
maintenance. Recognizing this, the Board of Directors established a Common Area
Committee. The Chairman, Bill Furnas, and members of the Committee are listed
below. The amounts listed for work in the common area assumes that association
volunteers working under the direction of the Common Area Committee conduct most, if not
all, of the work in these areas. If outside contractors are required to do the work
this amount will be inadequate to do the job as planned. To accomplish the same work
with contractors the amount would be at least doubled. Considering the reasons for
maintaining the common area, we are confident that volunteers from the community,
especially those whose homes back up to the common area, will be eager and willing to
help.
Current Members of the Committee are:
Tadd & Gisela Ferguson 660 0813 tgferguson@aol.com
Gail & Mike Sillers 652 3342 gmsille@pacbell.net
Jim & Paula Billings 652 9527 beings5@pacbell.net
Bill & Caroline Furnas 652 0361 bxf@unify.com Fax 660 9930
Lowry & Mary Blanton 652 5151 blanton1@ix.netcom.com
Stan & Marion Faustman 652 4001 efg1918@aol.com
Tim & Nancy
Hinchey 652 1306 timhinchey@ibm.com Fax 652 4835
The budgeted amount for 2000
does not complete all of the required work in the common areas. Additional work on
fences between Los Lagos and our common area, as well as additional fire road/path
development, will be required in future budgets. This additional work and
improvements are estimated at $5-6,000. The Association will be required to allocate
and spend a minimum of $1,000 - 2,500 on an annual basis so that the common area remains a
safer and useable place for all homeowners. (See Note 2 in the budget).
Association
Administration. As
you know, the administration of our Association is unique in that we have no paid
staff. All work is done by volunteers who cumulatively spend hundreds of hours a
year to maintain the Association. If we were to hire a professional HOA
administrator, a typical cost could be $8-10 per month per lot. This would be in
addition to our annual operating budget. Most of the Associations in our area have either
a paid professional or a part-time volunteer who receives $400-$500 per month. This
is why our annual assessment is $74 and not $600-$1,500 per year. (See note 3 in
the budget) |
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