How Much Is CAMS Costing the HOA?

The Board never talks about the total amount it is paying CAMS every year.

So far, in the first ten months of 2024:

$  40,833.31 Line 6000 Management Fee's [sic]

$143,327.09 Line 6005 On-Site Staff

$225,234.80 Line 2330 SCS Administrative Expense

$409,395.20 Ten-month Total

At this pace, CAMS will cost the HOA $497,274.20 this year (2024). That is 29.3% of Total Revenue ($409,395.20/$1,396,600)


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