top of page
< Back

Save this article  > 

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

Kim Brown
Publication date:
April 4, 2023
Article Summary: 

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.


Assessments, homeowners associations, HOAs, financial health, rising expenses, reserve accounts, budgeting, deferred maintenance, long-term planning, sustainability, community.

Source Citation: 
Kim Brown
If your assessments haven’t gone up, there could be a problem
April 4, 2023
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page