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Posted By MelissaP1 on 12/06/2011 11:59 AM
A HOA is ONLY funded by it's members FOR it's members. You might not see anything being done because quite frankly there is no money for it to be done. It cost money to pay someone to cut those bushes and fix the screen. You spread that out to how many other owners have complaints and it doesn't take long for the money to be spent.
Example: Your bush cutting and screen repair cost $50 to perform. There are 10 members in the HOA and each pays $100 a month. That's only $1,000 to pay it's bills IF everyone pays on time. The utilities and bills of the HOA are on average $700 a month. That's only $300 for the HOA to spend on other projects including savings. Your $50 came out of that $300. Leaving the HOA with only $250 to spend/save that month. How much do you think your HOA can do with that much money? Slim to nothing.
I would question how they are raising the dues. It usually takes a certain amount of votes of the owners to raise dues. The board may raise dues a certain amount each year by their vote but that's usually 2-3% range. Otherwise, it's a decision of the owners to raise dues higher than that percentage or have a special assessment. Is this HOA run by a management company or the owners? I would attend a meeting to find out how and why they need to raise the assessments. You may find out what the costs are in running a HOA are.
I would add the following to Melissa's comment - GET INVOLVED IN YOUR HOA! Perhaps there's a finance committe that advises the board - why not join to help them research ways to save money, such as evaluating vendors or searching for new ones that do businesses with HOAs?
Incidentally, you should also remember inflation - as Melissa pointed out, many HOA boards can raise fees up to 3% over the current rate. The rate of inflation is between 2.5% and 3.5% (depending on which enonomist or government study is doining the quoting) so the $110 you might have paid when you brought your home has lost some of its spending power.
You should also ask your board about reserve funds - if you have one, part of your dues is used for that and the rest must cover monthly expenses. Now toss in the homeowners who don't pay fees (or refuse to) for whatever reason - if you only get 80% or 70% of your budgeted income every month, the board has to make decisions as to what gets paid and there are some things you MUST pay, such as insurance or property taxes.
If it is not right do not do it; if it is not true do not say it. Marcus Aurelius