What is included in the Association Dues?
The 2016 Dues are for interior/exterior maintenance, pool cleaning, garbage removal, snow removal, landscaping, insurance and funds for a capital reserve. All Utilities and Property Tax are separate and billed annually. These are subject to market fluctuations – ask us about the current year budget and compare this to whole ownership. The total for Dues, Utilities and Property Tax is less than most people spend on just Property Tax for their whole ownership lake cottage! A capital reserve is funded from your Dues for future repairs like roof replacement and staining. This approach is used versus a “special assessment” approach that may be used elsewhere. This is definitely something to ask about at other properties.
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