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| Annual Homeowners Dues |
| Homeowner Association dues are $111.17 for 2008 |
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| WHY DO I PAY DUES? |
| Assessment amounts are based on a budget of anticipated expenses adopted by the Board of Directors in accordance with the
requirements of the governing documents. Increases in the dues are limited to a maximum of 5% each year unless there is a vote
of the homeowners. The budget includes maintenance of the tot lots, sport court, trail system, entrances and the Association owned
roadsides, which accounts for approximately 50% of your assessment amount. The balance is used for management services, the annual
audit required by state law, the insurance required by our governing documents and miscellaneous items such as the telephone, newsletter
and Federal Income Tax. |
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| HOW DO I PAY MY DUES? |
| If you do not receive a bill by December 15th of each year, please call, especially if your home has changed ownership or management
within the past year, your mailing address has changed, or if you have reason to believe that mail has been stolen in your area. It is,
legally, each owner’s responsibility to keep SFHA informed of the correct mailing address and property owner’s name. Failure to do so does
not release an owner from responsibility for late charges or the cost of collection. |
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