Last night we had a special HOA meeting. Our HOA has applied to be a special tax district in Greenville County and they wanted to explain that to us. Sounds like a good deal. They need 75% of us to agree. The county would then pay for electricity and yard/public space maintenance and we still have a say in who does it. The best part is that this expense is a tax issue and the developer would now have to pay it also. There are 98 of 128 lots built and the developer doesn’t have to pay a HOA fee on those lots and the HOA budget definitely needs the money. Now as a tax they have to pay. Also as a county tax district we can tie into longer term contracts with a cap on increases which saves money.
When we took over the budget last year from the developer and the company they had manage it, it was really a mess. Management company made many, many errors and the budget was way under the actual expense so when we met last year home owners were pretty upset by how much it was going up. I still think it is really cheap – $241 a year and with the new changes the total could drop almost $40. Keep in mine there is no pool, golf course and right now not even a playground. Just public space, insurance, etc. I hope it got approved.