Many of you attend the annual HOA meeting and have noted the long-term financial planning for our community. We have strived to manage the financial portion of the HOA in the best & most prudent way possible. Our pledge is to have no increases in dues rates through 2025, and we are delivering on the promise made!
In July-August 2025 our Reserve Goal will be met, securing the community with a long-term financial package for sub staining the future outlook over a 10-year period of time. Starting in September 2025 we will reduce Reserve contributions by 50%, allowing the remaining funds to go directly to the overall budget, adding a buffer for the increased costs experienced during the previous 3-4 years.
The Waterfront HOA has only increased dues rates 2x during the past 10 years, while most other HOAs have seen increases annually. Our financial management is one of cost reduction, with creating a 3–5-year outlook on needs. Doing it Right ensures long-term quality with all projects & repairs.
Thank you for your confidence in leading the community!
In July-August 2025 our Reserve Goal will be met, securing the community with a long-term financial package for sub staining the future outlook over a 10-year period of time. Starting in September 2025 we will reduce Reserve contributions by 50%, allowing the remaining funds to go directly to the overall budget, adding a buffer for the increased costs experienced during the previous 3-4 years.
The Waterfront HOA has only increased dues rates 2x during the past 10 years, while most other HOAs have seen increases annually. Our financial management is one of cost reduction, with creating a 3–5-year outlook on needs. Doing it Right ensures long-term quality with all projects & repairs.
Thank you for your confidence in leading the community!
