Where will the money come from?

Have you looked at the 2025 Budget for The Summit's HOA?

Probably not, because it wasn't mailed out to you with the 2025 Assessment Notice.*

On-Site Management is $35,000 higher.

Contract Maintenance (landscaping) is $50,578 higher.

Legal is $5,000 higher.

Management fees (to CAMS) increased $2,240 over the contract amount (and $19,740 over the 2024 amount)

Bad Debt Expense of $100,000 was cut out completely.

Reserves will get only $3,000 (compared with $163,965 in 2020). Nothing was budgeted for Reserves in 2024.

Since the dues didn't go up (again), where will that money come from?

* At the November 12th board meeting, then-Treasurer Linda Potter stated that the 2025 Budget would be sent out with the January assessment notices. 
The Budget was not mailed out with the dues notice.

The CC&Rs (Art. X, §2, ¶4) state, "The Board shall [emphasis added] cause a copy of the Common Expense budget and notice of the amount of the Base Assessment to be levied against each Unit for the following year to be delivered to each Owner at least thirty (30) days prior to the beginning of the fiscal year.
The dues notice was sent out in mid-December, not mailed so that it was delivered by December 1.

Why do the Board and the "professional HOA management company" have such a hard time complying with the CC&Rs?

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