Download a copy of the Annual Financial Comparisons of Actuals vs. 2015 budget figures. Scroll to bottom to look at the figures.
2016 – Assessment increase – $10/Month
Another raise for HOAMCO Community Manager (HOAMCO CEO Justin Scott’s email: firstname.lastname@example.org)
- Actual salary and benefits in 2013 were $57768 (2013 budget: $60,000, 2014 budget: $61,008)
- Proposed 2015 budget: $72,000 (no performance evaluation available despite concerns of two directors)
Nothing allocated for potential “buyout” of Ranchland Utilities
- RU suggested helping the associations set up a public bond which would allow the BOD to avoid an assessment increase – Carol Thompson is a proponent of the bond. Update: Homework Group Meetings have produced a draft report of recommendations.
2015 Reserve study recommended $10/month Assessment Increase – not including future irrigation costs.