Home » Uncategorized » 2017 Letter to Residents & Budget

2017 Letter to Residents & Budget

March 8, 2017

Fairfield HOA Owners:

2017 is off to a quick start and the Fairfield Board of Directors (Board) hopes you and your loved ones are enjoying the mild winter months.

The Board hopes that everyone appreciated having the entrance decorated with lights over the holiday season. Expect the lights to return next year!  The entrance area flowerbed end caps are to be freshened up with seasonal flowers in the coming weeks, just in time for spring.

The included 2017 HOA Budget was approved by the Board in January.  2017 income will be generate by Homeowner Dues expected from 110 homes, of which 108 are currently on the rolls. Insurance expense increased in 2016 and remained at 2016 levels for 2017.  The premium is based on the number of homes and increases as the neighborhood expands.  The Yard Maintenance budget covers maintenance of the entrance median, as previously mentioned, and routine lawn care.

Please use this as a reminder that annual HOA dues were due on February 28, 2017.  Your timely payment allows dues to remain at current levels while maintaining the entrance area.  Our HOA Management Company will be following up with homeowners that have unpaid balances soon.

A list of the most commonly overlooked, violated HOA Restrictions is also included with this letter.  Routine lawn maintenance is a requirement of our Association.  Trash cans are to be out of sight, except for trash day, and the evening prior.  We ask that you keep this sheet for future reference.

The Board meets quarterly to review HOA finances and to discuss issues impacting the HOA and its members.  The next meeting is scheduled for Tuesday, April 4th.  the meeting is open to all owners interested in attending.  Please reach out to our HOA Management Company for additional details.  Future meeting dates will be communicated on the HOA website.  The Board encourages and welcomes owner participation.

Any comments or concerns regarding these matters, or others, can be directed to our HOA Management Company, Mitchell M. Koop, CPA PC.  They are here to serve each of us and the Fairfield Homeowners Association.

Kindest Regards,

Fairfield Board of Directors
Rob Jones – President
Steve Evans – Vice President
Charlie Cox – Secretary & Treasurer
Cengiz Sen – Member
Ken Parker – Member

2017 HOA Letter from the Board 2017-03-08

 


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