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The assessment paid to the Association is applied toward the operating expenses of the common areas and provides reserve funds for the replacement cost of particular items in future years. Assessments pay for the association insurance policies, amenity services, and upkeep, association management, property and income taxes, and reserve funding for future repairs and maintenance.
In addition, assessments preserve and maintain common area elements such as landscaping services, sprinklers, utilities, lighting, signage, and watering common areas. The neighborhood communication tools such as the website, newsletter, and community social events are also part of the budget. The community budget can be found under the Resources tab>Financials and Budget.