Community Financials
This page shows, in plain English, where the community’s money comes from and where it goes. The Board prepared it from the management company’s monthly statements.
Updated October 12, 2026
At a glance
- $89,850 spent so far this year January through August 2026. The budget for those eight months was $70,245.
- $42,467 spent on water More than the $42,000 budgeted for the whole year, with four months to go.
- $19,605 over budget Almost three quarters of that is water ($14,467 over).
- $2,212.73 per home in 2027 Annual plus water assessment, up from $1,562.38 in 2026. Adopted by the Board; presented to residents on October 15.
Where each dollar goes
Of every dollar the community spent from January through August 2026:
Rounded; may not add to exactly $1.00.
2026 budget vs. actual
January 1 through August 31, 2026
| Category | Budget so far | Actually spent | Difference |
|---|---|---|---|
| Water | $28,000 | $42,467 | $14,467 over |
| Trash and recycling | $8,667 | $12,905 | $4,238 over |
| Landscaping and irrigation | $16,215 | $14,655 | $1,560 under |
| Management company | $6,757 | $6,635 | $122 under |
| Insurance | $2,867 | $4,056 | $1,189 over |
| Administrative | $3,641 | $3,732 | $91 over |
| Gate and general repairs | $1,333 | $1,686 | $353 over |
| Other (electricity, drainage fee, tax preparation, legal) | $1,765 | $2,714 | $949 over |
| Set aside for reserves | $1,000 | $1,000 | on budget |
| Total | $70,245 | $89,850 | $19,605 over |
Income for the same period was $73,523 against a budget of $74,081. The community spent about $16,327 more than it took in from January through August.
Water is the main driver. The water assessment brought in $16,000 in that period, while water cost $42,467.
2027 budget and what each home pays
What each home pays
| Item | 2026 | 2027 | Change |
|---|---|---|---|
| Annual assessment | $1,209.44 | $1,330.38 | +$120.94 (10%) |
| Water assessment | $352.94 | $882.35 | +$529.41 |
| Together, per year | $1,562.38 | $2,212.73 | +$650.35 |
| Together, per month | about $130.20 | about $184.39 | about +$54.20 |
The 2027 water assessment is $60,000, the community’s expected water cost, divided across 68 homes. That is about $73.53 per home per month.
The 2027 budget by category
| Category | 2026 budget | 2027 budget |
|---|---|---|
| Water | $42,000 | $60,000 |
| Trash and recycling | $13,000 | $24,000 |
| Landscaping and irrigation | $24,322 | $25,069 |
| Set aside for reserves | $1,500 | $11,600 |
| Management company | $10,135 | $10,439 |
| Administrative | $5,462 | $7,213 |
| Insurance | $4,300 | $5,668 |
| Gate and general repairs | $2,000 | $3,500 |
| Other (electricity, drainage fee, tax preparation, legal) | $2,649 | $2,977 |
| Total | $105,368 | $150,466 |
The 2027 budget plans income of $150,466 (annual assessments $90,466 and water assessments $60,000). That matches planned spending, including $11,600 set aside to rebuild reserves.
Bank and reserve balances
As of September 30, 2026
| Account | Balance |
|---|---|
| Operating cash (pays day-to-day bills) | $5,363.55 |
| Reserve cash (savings for major repairs and replacements) | $28,498.78 |
| Owed by the operating account to the reserve | $75,165.00 |
The reserve is the community’s savings for big-ticket items such as gates, fences, paving and drainage. In past years, reserve money was used to cover operating shortfalls. That is the $75,165 the operating account owes back. The 2027 budget sets aside $11,600 toward rebuilding it.