Quote:
Originally Posted by Topspinmo
Not to worry! The Money will probably come out of the general slush fund. $191,400,000.00  annually plenty of cash to go around. how did I get to that number? 145 x 110,000 = 15,950,000 times 12 = 191,400,000.00. That way it fair we all get to pay for it.  I heard on here it also pays for lawyers.  |
Your math is corect, but your assumption is flawed. The amenity fee is per household. It would be roughtly 50%, probably more like 60% of the total quoted. Still a big chunk of change. However, this money is used for maintaining the common areas, not just some big pile of cash. If you want to know where it goes, checkout the meeting minutes from the CDDs or the ACC. There is always a finiacial statement. Then you will not need to make wild claims and assumptions.
