Can the amount of my assessment change?

Yes, the amount of your assessment can change.  Typically, the Civil Code provides for annual increases, not to exceed 20 percent per year, without the vote of the membership. The Board Of Directors may approve a revised budget, causing increased assessments, up to this percentage, in order to cover increased operating costs and maintenance of sufficient reserve funds.  Our assessments have been very stable since the inception of our Homeowner's Association.

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