2026 BUDGET SUMMARY:

• After four years without an increase, the Board has approved a modest adjustment to assessments for 2026 to address rising costs and maintain proactive investments in our community.
• The semi-annual HOA assessment will increase from $350.00 to $412.50 in 2026, a change of $62.50 per six months. To help offset a portion of the increase, we have negotiated a lower trash and recycling rate, reducing the cost from $100.61 to $94.92 per six months.
• This update ensures we maintain a healthy cash balance within industry guidelines (2–3 months of operating expenses) while also supporting ongoing improvements to our community.
• A summary of the key budget changes is below:

• Management Company: The Board has approved a change in community management for 2026, selecting Service Plus Community Management. The budget reflects the new management contract as well as transition-related costs.
• Insurance: The insurance renewal came in lower than expected, reducing budgeted expenses for 2026 by 6%.
• Landscape Contract Renewal: The Board renewed its contract with CDI/Nature’s Workforce for a threeyear term ending December 2028. The 2026 contract cost has increased by 15%, primarily due to the addition of new neighborhoods and rising materials and labor costs. To help offset these increases, the Board is exploring cost-saving measures such as adjustments to snow removal parameters, watering schedules, and irrigation repairs.
• Tree and Shrub Care: A conservative program has been budgeted to improve long-term landscape health. This includes creating a comprehensive tree count and database for better management. The Landscape Committee is also preparing an RFP for long-term care services to reduce replacement needs and strengthen the resiliency of our community’s landscape.
• Irrigation Repairs: Aging infrastructure has led to a higher level of irrigation repairs over the past two years. The 2026 budget allocates additional funds to support necessary repairs throughout the community.
• Community Activities: The budget for community events has been reduced by 11% due to decreased volunteer participation. As a result, the number of events planned for 2026 will be lower than in previous years.
• Holiday Lighting Enhancements: A new vendor has been hired to improve holiday lighting aesthetics. Enhancements will include additional lighting and the incorporation of color for a more festive look.
• Trash and Recycling: A new contract with Waste Management reduced the total cost for trash and recycling and caps annual increases to 3%.

• Additionally, in response to resident feedback from the community surveys in 2025, the Board has incorporated additional improvement activities for 2026. These projects are designed to address aging infrastructure and enhance the amenities in our community. The planned activities include:

• Operating fund

• Design Guidelines Review: A technical review of the Design Guidelines will be completed to ensure compliance with current regulations and consistency across all documents.
• Pet Waste Stations: Install 25 new pet waste stations throughout the community to improve convenience and cleanliness.
• Landscape Design Consultation: A professional landscape design consultant will evaluate a designated area to enhance aesthetics and resiliency. Findings will guide future landscaping improvements.
• Playground and Park Signage: Updated signage will be installed to improve clarity and safety.
• Pool Site Assessment: An architect will assess the pool area and provide options for future enhancements for community consideration.

• Reserve fund

• Pool Resurfacing: Both pools will be resurfaced to improve texture, comfort, and extend their lifespan.
• Pool Seating: 40 new pool loungers will be added for the upcoming season.
• Clubhouse Refresh: Minor updates, including painting, floor refinishing, and improved lighting, will be completed to improve homeowner experience.

RESERVE FUND:

• Unlike Operating funds, which are used for the day-to-day operational costs of the Association, Reserve funds are used to maintain and repair or replace the Association’s common areas, including amenities, landscaping, and exteriors. The Board updated the reserve study in 2025 to include new neighborhoods. Our Reserve fund remains strong, as confirmed by the 2025 reserve study, ensuring we can meet mid- to long-term investment needs for amenities and infrastructure.