What expenses make up the General Assessment?
The general assessment is for the following two types of expenses:
1- Community common area operating costs: These costs include things like entry gate operation; utilities for common areas, day-to-day operation of common area facilities such as the pool and cabana; snow removal; and day-to day grounds maintenance of common areas such as mowing, mulching, erosion control, and
2- Community common area facility long-range maintenance costs: These costs are projected by the community’s Reserve Fund Studies and paid for by the community’s Long Range (Reserve) Fund. This fund covers replacement and major maintenance of facilities such as the community roads, the pool, the cabana, the tennis and pickleball court, the ponds, the entry gate, etc.