|Re: Monthly homeowner fee||<– Date –> <– Thread –>|
|From: David L. Mandel (75407.2361compuserve.com)|
|Date: Tue, 9 Jan 1996 03:04:30 -0600|
At Southside Park our dues range from about $90 for the one-bedroom units to $130 for the four/five-bedroom units. This covers maintenance, committee budgets, water, sewer and garbage, common electric, gas and phone, and lots of reserves for eventual replacement of roofs, paint, appliances, etc. Some items are billed by unit size, others the same for everyone. There is a fairly detailed budget that can be sent to anyone who wishes to see it. Send an SASE to me at 440 T Street, Sacramento 95814. The budget and formula, by the way, are pretty much standard California condo, with the exception of committees and taking account of the fact that we do our own management and landscape maintenance. Meals, laundry and meeting child care are totally outside the budget in a separate accounting system, for tax and other reasons. Also, we do not at this time factor in either household size or income. There was a fairly lengthy debate a year or two before move-in at which time these factors were proposed. It was decided then to ignore them for the time being since there was no consensus and also since we had to get our condo charter past the state Department of Real Estate and bankers. We did, however, resolve to reconsider a year after moving in. Well, more than two years have passed and we haven't done it yet. I'm supposed to write up a paper for discussion of the subject and I will eventually, but I'm procrastinating because it seems we still have much more important things to discuss now. I was originally a strong advocate of taking into account household size and especially income, based on the principle that we as a mini-society have every right to decide to tax ourselves in a progressive fashion to pay for the common goods and services we all decide to fund. But I've become much less enthusiastic about the idea: I've realized that with a couple exceptions, the two ignored factors would just about cancel each other out: lower income households tend to be larger, so they'd pay more for population and less for income than a smaller household in the same size unit. It would be a lot of complication for a very small step toward greater fairness. But as I said, we will discuss it again, at least a little. And meanwhile, we did adopt an income-based system for the supplementary assessment for capital improvements that we adopted a year or so ago. Households are paying between $1 and $9 a month, depending on both unit size and self-declared income category. David Mandel, Southside Park Cohousing
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