Task Force II

I watched the third Task Force meeting and thought it was a little disjointed, but good information was presented. I see a couple of glaring problems. The latest meeting seemed to be pointing toward requiring reserve studies and mandated levels of funding of the reserves based on the study, but the previous two meetings mainly discussed keeping the monthly assessments low and making it harder to pass a special assessment for any reason. Adding to that were the comments heard at prior meetings regarding the financial burden placed on HOAs by HB22-1137. I believe a direct quote was, "The HOA should pay for the certified mailing, not the recipient." My question is, who is the HOA? It is the homeowners who pay their dues to fund the HOA obligations. Any mandate, rule or obligation that requires funding has only one source of that funding, the dues-paying homeowners.

As a Board member, one of my hardest duties is to fund everything that homeowners want accomplished while still being told I must keep the dues low. Our condo community is now 20 years old. Repairs are needed more frequently, but at meetings I hear desperate pleas asking me not to raise the dues. My question is, "Do you want your broken (whatever) fixed?" The answer is always yes, but don't raise the dues to pay for it. Not possible. As a complex ages and repairs become more frequent upkeep demands that the monthly assessments rise, or the community will fall into dis-repair.

So, my simple ask is don't place mandates on HOAs that necessitate raising the dues and then excoriate the HOA Boards for raising the dues.