Indian Falls Neighborhood

Indian Falls Neighborhood

INDIAN FALLS NEIGHBORHOOD ASSOCIATION

If you need to get in touch with the home owners association, Community Management Associates, LLC., they can be reached at (502) 214-8595.

To obtain a copy of the current policy, refer to the Community Pages section of this website.

ANNUAL DUES - 2007 RATES

Since the biggest question people want to know is what are the annual dues for the neighborhood, I felt it necessary to post an approximate rate and what those fees cover.

For the 2007 calendar year, the dues were about $450.00, which was billed 1/2 in January and 1/2 in July. Again, these are the 2007 rates and simply an approximate at that.

What do those fees cover?

- Administrative HOA Expenses
- Landscaping (mulch/bedding, tree/shrub service, irrigation maintenance, restoration, lot maintenance)
-Maintenance & Repairs (entry lights repairs, fence repair, street/sidewalk, other)
-Clubhouse
-Contracts (snow removal, HOA mgmnt. fees)
-Pool (ALL things pool related)
-Insurance (liability & property)
-Professional fees (legal, accounting)
-Utilities (electric entrance & irrigation, irrigation water, street light bills)
-Taxes (state)
-Bad Debt / Acconts Receivable / Write-offs
-Seasonal decor

Clearly the annual dues cover a great many items that our budget incurs by way of expenses. For more detail of the budget and a line by line breakdown, refer to the Community Management Associates link at the bottom of the page for a line-by-line budget breakdown.

This budget is NOT a secret document, it's "our" neighborhood's money and how it's being spent, which we have a right to be informed about.

Links

COMMUNITY MANAGEMENT ASSOCIATES, LLC.