Considering what we get here in the village and the fact that over the last five years increases were very low, a ten dollar raise should expected. A lot of associations have been wheeling and dealing under the table by not increasing the HOA fees while expenses increase. What does that do for the unit owner? Of course they don't get an increase but the money has to come from somewhere. So where? If you have any sense, it is most likely coming out of the money your association puts into the reserve funds for your roof.
While the money going in gets less and less, should something catastrophic happen such as a hurricane, a tornado, a fire or even god forbid, a terrorist attack, you may not be prepared for it and will lose your home and everything in it.
A ten dollar increase is a lot, but don't expect everything to be cheaper either.
Everything is getting more expensive, including buying and renting in the village.
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