If your assessments haven’t gone up, there could be a problem

The blog post titled "If Your Assessments Haven't Gone Up, There Could Be a Problem" discusses the importance of regular assessment increases for homeowners associations (HOAs) and the potential issues that can arise if assessments remain stagnant. The post highlights that increasing assessments is necessary to cover rising expenses, fund reserve accounts, and maintain the financial health of the HOA. It identifies common reasons why assessments may not be increasing, such as inadequate budgeting, deferred maintenance, and lack of long-term planning. The post emphasizes the need for HOAs to assess their financial situation regularly and adjust assessments accordingly to ensure the sustainability of the community.