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And to sit around and compare amenity fees with your neighbors???? Geez. Did you compare income tax? Property tax? Sales tax on total of purchases? Capital gains tax on investments? Medicare cost by income bracket???? I doubt it. |
[QUOTE=Goldwingnut;2135355]First off, NOBODY IS PAYING $400/MONTH for the Amenity Fee, it is mathematically impossible. In fact, with the current prevailing rate of $179 (since January 2022) even with a 10% CPI adjustment applied it's not possible to have a monthly amenity fee at $200 yet. Yes, you may see a one-time rate higher than this due to a billing catch-up or error, otherwise it's impossible.
The CPI adjustment does not keep up with real world cost increases that have and continue to occur. The budgets prove it year after year, hence the reason the Deferral Rate (there was never a "cap" on the amenity fee contrary to what many believe) was removed; Repair and Replacement reserves were going to start to be eroded to meet the operating budget requirements. The Amenity Authority Committee will discuss a deferral rate cap at its meeting set for 9 a.m. Wednesday, Oct. 12 at Savannah Center. In 2010, the AAC established an amenity fee deferral rate cap of $155 per month. In 2019, the AAC, working arm-in-arm with the Project Wide Advisory Committee, removed the deferral rate cap. The AAC oversees amenities north of County Road 466 and PWAC does the same south of County Road 466. https://www.**************.com/2022/...-amenity-fees/ (the other news) |
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