Our annual assessment numbers are in...to date, we have collected approximately 93% of our 2009 Annual Assessment dollars. When I was in school, 93% was the least you could get and still score an A...in this case, that 93% represents a DEFICIT of 7% of our annualized $350,000 budget. Or in other words, appr. $25,000!

Rest assured your Board is working proactively to collect these dues that are used to keep our community fiscally sound and protect our $1M worth of assets, not to mention our 30+ acres of common area. This week, our Treasurer has directed that all overdue accounts be sent to our attorney for collection. In addition to the invoice residents receive, a secondary late notice, countless blog and Village Voice articles, as well as signs at each entrance, overdue residents will now receive a final demand letter from our Attorney. This is a prelude to a lien being filed against the property, which will need to be paid before the home is sold, refinanced, transferred, etc. An unfortunate step, but necessary.

REMINDER:

• Annual Easter Egg Hust at the Clubhouse on 4/11 at 10A
• Community Garage Sale for our Playground on 4/25...pls donate your gently used items for re-sale.

Stay warm ;-)