Arbors 2014 Budget

Click on the following link to view the 2014 Arbors Budget.

https://arborsvillage.wordpress.com/financial-reports/

The Arbors Village Association

c/o Advantage Property Management

1111 SE Federal Highway, Suite 100

Stuart, FL 34994

November 18, 2013

Dear Homeowner:

Attached is the proposed Arbors Village Association budget for 2014.  This budget decreases the quarterly assessment to $410.00 per quarter from the current $437.00 per quarter.  Total annual association expenses of $311,600 are planned for 2014 representing a $20,645 decrease from the 2013 budget.

 

The most substantive planned year over year changes are as follows:

  • 13K reduction in Landscaping / Grounds (26K reduction in tree trimming partially offset by higher non-recurring projects
  • 21K reduction due to elimination of the line item for funding prior deficits
  • 4K Increase in the funding of our road resurfacing reserve
  • 9K of net increases to other budgetary items

 

A Board of Directors meeting will be held on Thursday November 21st and one of the agenda items at that meeting will be to discuss and approve the proposed 2014 budget.  Homeowners are invited to attend this meeting to address any issues regarding the budget.

 

 

Regards,

 

The Board of Directors

The Arbors Village Association, Inc.