|Re: HOA dues increase||<– Date –> <– Thread –>|
|From: Jessie Kome (jehakome.com)|
|Date: Mon, 8 Jul 2019 04:49:34 -0700 (PDT)|
Hi- Here at Eastern Village Cohousing (EVC), we are facing the likelihood of two consecutive years with a possibly sizable condo fee increase. The increase for 2021 was determined a couple years ago as part of an overall plan to more fully fund our reserves. When I understood from the board treasurer that an increase for 2020 was probably going to be needed to cover expected operating costs, I knew we needed a broader discussion within the community (55 units, with about 10 of them originally moderately priced dwelling units under a county program- so we have a very wide income range among households here). EVC calls its community meeting the Membership Circle, and I am this year’s MC coordinator, which means I am both on the board of directors and help set the MC agendas. (I am sharing the job with another member.) Starting 6 months before the usual formal start of our budget process, I informed the MC of the potential for the 2020 increase. We set up a series of “salons” (discussion meetings at which decisions are not allowed) organized by a team of 3 facilitators to try to surface feelings, thoughts, and ideas around our finances. One of the facilitators also interviewed a non-random sample of community members individually, to dig deeper about stresses and values. The results of the discussions and interviews revealed broad agreement around being responsible and somewhat conservative with our reserve choices, and also issues to explore further in the MC, the main issue being a very wide range of opinion around the goodness of reducing the size of any fee increase by increasing the chores we do ourselves. I think the organized salons and interviews had the interesting side effect of generating informal discussions about money throughout EVC, and flavoring MC consideration of seemingly unrelated topics as well. Starting with our July meeting, the budget’s formal agenda arc begins. I am hoping for a three meeting/month arc, but not holding my breath. With the groundwork we did, I feel confident we will make a thoughtful decision that will strengthen community. Jessie Handforth Kome Eastern Village Cohousing Silver Spring, MD USA “Where the average time for responding to “cup of sugar” requests on the EVC community list averages about 15 minutes.” > On Jul 8, 2019, at 1:13 AM, G/P Looney-Burman <burloon [at] > fresnocohousing.org> wrote: > > Thank you, Diana. We really are in good shape with our reserve, and in > determining how much of a dues increase we need. What we are seeking some > guidance on is how other communities have presented the need for a dues > increase to the members, and strategies for achieving consensus on the > increase. What we would like to do is to have every homeowner see why the > increase is not only needed but to also embrace the notion that a dues > increase benefits them. Any help along these lines would be most welcome. > > Pat Looney-Burman > > La Querencia (Fresno Cohousing Community) > >
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