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This podcast, brought to you by Insight Association Management, explains the rationale behind the Walsh Homeowners Association planned assessment rate increase, the second in the community's history, which is intended to address rising costs and ensure the long-term financial health of the HOA. The increase, to be implemented in 2025, is justified by factors including inflation, increased landscaping and water usage, and the need for common area repairs and replacements. Additionally, the HOA is reducing its reliance on developer subsidies, which have historically covered a significant portion of community expenses. The Board of Directors has provided a detailed budget breakdown for transparency and seeks the community’s understanding and support for this necessary adjustment.
Visit www.walshhoa.com
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