Association Dues - What are they used for?
The HOA dues are collected annually, which provides for the maintenance of the common areas in the neighborhood. This includes maintaining the grounds by mowing grass, applying fertilizer and weed control, as well as planting trees, flowers and shrubs to improve the overall appearance of the landscape. It also purchases and maintains equipment, such as play structures and benches, for the use of the residents. The HOA also sponsors events such as the Summer Block party and Movie Night, to encourage interaction among the residents of our community.
As a non-profit organization, it also has to maintain financial records, file taxes, carry insurance, and submit information to various state and federal agencies.