Typical monthly fixed costs vs. revenue:

(click each item for a more detailed description)
note: This opens in a popup window so you must override popup blockers.

Dues (12x$250) $3,000
General Repairs $250
Insurance $900
Landscaping $460
Pool $200
Water $125
Electric $125
Management $300
Expenses $2,360
   
Monthly + / - $640

On the surface we appear to be in good shape financially however we still need to repave our perimeter driveway and the cost will be about $40,000 so the excess we collect each month will in part fund that project in the near future.

Please note: Some homeowners said they didn't realize that we have a master insurance policy which covers everything but your contents. If you currently have full insurance coverage on your home you are paying double and should talk with your insurance agent about your actual insurance needs.

Download the January 2005 Dues Increase Letter

Download the July 2005 Dues Increase Letter