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NEW 2021 ASSESSMENTS

Discussion in 'Broadlands Community Issues' started by The Broadlands Community, Dec 4, 2020.

  1. The Broadlands Community

    The Broadlands Community Well-Known Member

    Joined:
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    The assessments have increased for 2021. All budgetary accounts are adjusted for inflation and based on historical precedent. As done every year, the Board of Directors and Management work diligently to control expenses and generate income to keep assessments as low as possible, while continuing to provide quality services and amenities to the community. While many budget line items were maintained at 2020 levels, we have a significant decrease in revenue from sources other than assessments. The Board offset a projected $100,838 budget deficit with prior year members’ equity, but an increase in assessments is necessary to meet budgeted expenses for the Association. Therefore, the Board of Directors approved a $3.00 monthly increase in the general assessment, which all homeowners pay to cover common expenses. The Board also approved a $1.00 monthly increase for town homes due to increases in the trash service contract and private road maintenance, and a $1.00 monthly increase in the courtyard homes due to increases in landscape services.Prior to the January 1, 2021 payment deadline, please review your payment system to be sure it reflects the correct amount in order to avoid late fees. Assessment coupons will be mailed to all owners at the address on file with FirstService Residential. If you have not received your coupons by December 15, 2020, please contact the FSR Customer Care Call Center at 866-433-3187 or by email at AR.DCMetro@fsresidential.com. If you participate in ClickPay recurring payment (Auto Pay) through FirstService Residential, you will NOT receive a coupon booklet, and the new assessments will be automatically deducted from your account.

    2021 ASSESSMENT
    MONTHLY AMOUNT
    Courtyard Homes (lawn mowing & turf services included) $151.00
    Town Homes $98.00
    Park Glen Villas (lawn mowing & turf services included – outside of fenced areas) $116.00
    Single Family Homes on VDOT Streets $84.00
    Single Family Homes on Private Streets $105.00
    Condos (Signature and Villages) $63.00 (FSR does not manage condos, please contact appropriate management company for inquiries.)

    Are you paying the correct assessment amount each month? You can check your account online or contact First Service Residential (FSR) at 703-677-5987 or by email ar.dcmetro@fsresidential.com.
     
    Last edited: Dec 16, 2020

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