2025 HOA Dues
- Oaklawn Park
- Jul 19, 2024
- 2 min read
Updated: Sep 19, 2024
We have two things working against us with costs in Oaklawn Park.
We're getting old. The neighborhood is now in its 20s. For the first 20 years, things were relatively new. We didn't require much maintenance to keep the place standing, and we benefited with HOA dues that reflected those lower maintenance costs. Unfortunately, that is no longer true. Our roads are crumbling. We still have approximately $150,000 in remaining roof replacement costs. We are having to replace windows and doors at an increasing rate. One patio door is right now about $3,500. We have over 150 patio doors. There are several townhomes that came with decks built by the developer that are the responsibility of the HOA. These would be those of you with wooden, raised decks rather than concrete slab patios. We are reaching a point where those decks need a lot of maintenance and likely even replacement. That's going to be a huge amount of money. We have holes and cracks in siding requiring us to start replacing siding.
Everything is more expensive. This means it's going to cost us more for everything including lawncare, garbage services, electricity...well, everything.
The board very much wanted to not raise dues for 2025. Our plans up to June 2024 were not to raise dues. And then we started doing the finalized budget planning and math. Even with an increase we're really not going to be able to do all we frankly should be doing in 2025. With all of this, it was agreed at the annual meeting to raise the dues for each townhome by $9 per month which is $27 on your quarterly billing. We really wish this was not needed. Quite honestly though, it still not enough to do what the neighborhood truly needs.
Want to be involved in the planning for the HOA priorities and dues? Join the July 2025 annual meeting and put yourself up as a candidate to be on the board! The board is actually smaller than we would like. The neighborhood would benefit from more involvement by more residents as board members.
Kyle Thompson
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