💬 Join us to post & get advice from 50,000 HOA & Condo leaders.

Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in

ChristineS7 (Minnesota)
Posts: 58
Posted:
Hello all, Our HOA budget has taken a hit this year. Heating and cooling costs are up about 50%, everything else is over budget by 10%, and we have had more repair bills than anticipated. How do we generate the income we need? Special Assessment vs. raising HOA monthly dues? A combination of both? What is your HOA doing to fill the gap? Thank you for answering this question.
Christine, St. Paul, Minnesota

🎯 You've read this entire discussion

Join the conversation with 50,000 HOA & Condo Leaders:

  • ✓ Ask follow-up questions
  • ✓ Share your experience
  • ✓ Get expert advice
  • ✓ Access 350,000 discussions
Create Free Account →

⚡ Takes 30 seconds

Already a member? Log in here