Budgets, Costs and Dues

There is an annual Operating Budget, 

And there is a long term Reserve Budget

See Annual Budget/Dues Process to learn how the budget is constructed each year

See the Policy on Reserve Requirements to learn more about the reserve budget and periodic Reserve Studies 

See Budgets to learn more about, and to inspect the current operating  budget

The Villas has an Investment Account, at Schwab, where we keep our reserve funds

See Policy on Investment of Reserve Funds to learn more about how it is managed

We also have two Bank accounts, one for Operating expenses, and one for near term Reserve expenses. 

See Financials to inspect the history of actual expenses

Monthly dues have 3 components: 

• Expected/budgeted operating expenses

• Repayment of our roofing loan

• Contribution to the reserve fund 

See the Dues page for more information