The July newsletter announced the taxes will be increased on two of the three common area properties. Keep in mind that they have known this was going to happen for over a year and made no plans for it other than selling three of the common area properties.
July 2024 newsletter;
“Since we have new property appraiser, Clay Davis, and he has stated that the lake front property owned by the association will be going up THOUSANDS of dollars in taxes”.
July 2025 newsletter;
“Clay Davis our new property appraiser, has decided to remove the HOA’s recreational classification for our common area properties, and he is appraising the properties as residential lakefront. (Even though no dwellings can be built on property)”.
First off, you can build on those properties just like the properties around them. Plus, the property appraiser didn’t decide that, it’s state wide, affecting all HOA’s. The deferred value is being dropped to $0. Over a year ago President Troy Weaver warned the directors this was going to happen and gave a full explanation of how this came about and the reasoning behind it; it was interesting and educational. It’s on one of our copies of the Board meeting recordings. It’s unacceptable for this HOA to list the name and phone number of the property appraiser in the newsletter and encourage the members to call and harass him on this.
How about getting quotes on insuring the Hall and garage? Put the two together and raise the lot fee to cover it. Fifty dollars a year per lot hasn’t been cutting it. The Hall will most likely need to be brought up to par before it can be insured. Don’t make the same error the Condominium Boards made, even on this much smaller scale.