Quote:
Originally Posted by Mleeja
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.  |
The amenity fee is for maintaining amenities, not common areas. There is an annual maintenance fee for the purpose of maintaining common ares.