Annual Dues Increase
Posted on Oct 13th, 2022
After reviewing the financials, and much discussion, the Arlington Park Board of Directors would like to prepare residents for a dues increase starting in 2023. Home Association Solutions, the management company, recommends maintaining at least one year’s operating budget to handle large capital projects (i.e. pool replaster) and any unplanned issues or repairs that may arise.
With this in mind, to keep up with inflationary prices and maintain healthy reserves, the Board has decided to increase 2023 dues by $25 to $350. This allows the association to continue to operate in a healthy financial state while tackling projects, such as replacing the old pool furniture and re-staining the small pergola (both planned for 2023). Depending on inflation, another small dues increase may be on the horizon. It’s worth noting that there has not been an increase in over a decade, and even with the increase dues are still on par or lower than surrounding neighborhoods.
We apologize for any inconvenience this may cause. Feel free to contact the Association Manager, RJ Allen, with any questions at (913) 825 – 0001 or by email at firstname.lastname@example.org. We will provide a more in depth look at the 2023 budget during the annual meeting. You will receive a letter with meeting information next month.