Three options for the 2027 annual budget, presented for homeowner consideration and vote.
Each option maintains current service levels while building reserves at different rates. All three use the same expense baseline of $22,900.
Complete financial picture for each budget alternative.
| Category | Baseline $1,200/home |
Alternative #1 $1,400/home |
Alternative #2 $1,600/home |
|---|---|---|---|
| Number of Homes | 22 | 22 | 22 |
| HOA Dues Revenue | $26,400 | $30,800 | $35,200 |
| Landscaping & Maintenance | $13,400 | $13,400 | $13,400 |
| Special & Non-Recurring Projects | $3,000 | $3,000 | $3,000 |
| Holiday Lighting | $2,300 | $2,300 | $2,300 |
| Liability Insurance | $2,700 | $2,700 | $2,700 |
| Printing & Supplies | $250 | $250 | $250 |
| Postage & PO Box Rental | $250 | $250 | $250 |
| Social Events | $1,000 | $1,000 | $1,000 |
| Total Expenses | $22,900 | $22,900 | $22,900 |
| Annual Surplus | $3,500 | $7,900 | $12,300 |
Questions to guide your vote on the appropriate budget level for 2027.
Reserve Position: Our projected 2026 ending balance of $6,475 provides approximately 3.4 months of operating expenses. Industry guidelines suggest 3-6 months as healthy. All three options maintain this standard, with Alternatives #1 and #2 building additional cushion for future capital needs.
Known Future Expenses: The three-year tree removal plan will conclude in 2026. No major capital projects are currently planned for 2027, but entrance improvements and ongoing landscaping needs will continue.
Historical Context: Dues have remained at $1,200 since 2022. During 2019-2021, dues ranged from $600-$1,200 as the association recovered from higher-expense years. The baseline option continues this stable rate.
Monthly Impact: Alternative #1 adds $16.67 per month ($200 annually) per household. Alternative #2 adds $33.33 per month ($400 annually). Consider this alongside other household budget priorities.
Flexibility: Higher surpluses in Alternatives #1 and #2 create options: accelerate reserve growth, fund additional community improvements, or provide buffer against future assessment needs.