Where do my hoa fees go-a high level snapshot

First, a note on the installation of the gates. Prior to the gates, when we had greeters we were spending approximately $34,000 per month for security, mostly labor. With pending increases in the minimum wage this was destined to increase dramatically over the next few years.  Now, 1 1/2 years after the gates were installed , the spend rate is running about $17,000 per month!

As promised, our HOA Treasurer has provided some interesting data on how your HOA fees are spent. The following are the biggest YTD expenditures (through October) per household , including the money spent for golf course related items. 

Topic                                                      Amount Expended                                                          ( Rough Amount per household                                                                                                       This year to date)      

Stonegate (Security)                                                          $314,620                                         586 homes                         Roughly $541

Associa  (Management)                                                    $162,641                                                                                        Roughly $278

Procida  (Landscape)                                                         $212,186                                                                                        Roughly $365

Legal (total Non-Golf)*                                                  $47,005                                                                                         Roughly $96

Legal (Golf related) *                                                      $8,959                                                                                            Roughly $15

Total golf course related  (2019) **                                     $55,942                                                                                         Roughly $95

Delinquencies*** $214,867                                                                                          Roughly $368

* The legal expenditures are the expenditures we have incurred since January 1. 

**The total golf course related includes the legal expenses of $8,959 and the cost of retained experts on the subject.

** * This year to cover for the deadbeats that are delinquent

Hopefully, you will find the above of interest.

Super turnout for HOA annual meeting

In spite of the golf course arbitrarily forcing a last minute change of venue from the Morgan Creek Pavilion to Sierra View Country Club we experienced a fantastic turnout for the annual meeting Tuesday night, November 19. This included presentations by the board, the homeowners forum, nominations for two board seats and, of course, refreshments.

Highlights of the meeting were:

The welcome committee is staffed and underway with visits and welcome packages given to new residents.

Speeding: Three new radar photo units have been purchased. They will begin taking photos of speeders and fines will be assessed. This should greatly enhance community safety. It was pointed out that in a survey, the majority of people observed speeding were residents, not guests.

High resolution cameras are planned for installation at all entrances which should enhance security.

No new activity on the golf course relationship was reported. It is still hoped that we can achieve a win-win. However, it was emphasized that we are prepared to address any eventuality should the need arise.

A contractor has been selected and work on the greeters cottages should commence shortly. Major updates oinclude: Moving the keypad at the Vineyard gate to the lane nearest the cottage and creating a more direct drive through for residents. Creating a small office at the Walerga gate which will be staffed full time by our Associa representative and assistant.

Again, we are disappointed by a lack of financial highlights presented. However, the treasurer, Mike McKenna has promised to provide the BLOG with some useful high level data. We are anxious to improve transparency and will publish it as soon as received.

Nominations were open for the two board seats. The incumbents, Deb McSherry and Walt Tibet, both gave short qualification speeches. A third candidate, Michael Baker, did not attend. There were no further nominations from the floor.

All in all we had one of the most successful annual meetings in recent history. The attitudes and turnout suggests the community is continuing to come together in a very positive way. Thanks to all who organized it and attended.