Witbeck Preserve HOA

 Here is the proposed budget for 2024 Income: Homeowner Dues: Number of Units: 51 Annual Dues per Unit: $250 Total Annual Dues: $250 x 51 units = $360,000 Total Annual Income: $360,000 + $50,000 + $5,000 = $415,000 Expenses: Fixed Expenses: Mowing & Landscape Maintenance: $24,000 Insurance: $12,000 General Repairs and Maintenance: $30,000 Total Fixed Expenses : $120,000 Variable Expenses: Unexpected Repairs Fund: $10,000 Total Variable Expenses : $30,000 Reserve Fund Contribution: Annual Contribution : $40,000 Total Annual Expenses: $120,000 + $30,000 + $40,000 = $290,000 Summary: Total Income: $415,000 Total Expenses: $290,000 Net Operating Income: $415,000 - $290,000 = $125,000

Hello everyone, I'm thrilled to share that following our recent HOA Board elections, we have a new team ready to serve our community. Here are your new board members: Joe Dier  - President Michaela Rahman  - Vice President Jim Vincent  - Treasurer (that's me!) Courtney Goyer  - Secretary Nirmal Jayakumar  - Vice President We are all excited to contribute to our wonderful community and look forward to working together to make our neighborhood even better. Please don't hesitate to reach out to any of us with your questions, suggestions, or if you just want to chat about future plans. Thank you all for your trust and support!