Wednesday, November 9, 2011

2012 Proposed Budget

The Oella Homeowners Association 2012 proposed budget has been posted online. The past year's finances and the proposed budget will be discussed in detail at the Annual Meeting of Members, and the budget will be adopted at the regularly scheduled December 19th board meeting.

Members are encouraged to attend the Annual Meeting on November 14, 2011 at 7:15pm in the Westchester Center Main Hall to discuss any questions or concerns regarding the budget. Members are always welcome to attend the regular board meetings held on the third Monday of each month unless otherwise noted on the OHOA website.

An increase of 10% for both annual dues and parking assessments has been proposed in order to generate funds for much needed paving repairs and to increase our reserve fund contribution.

2012 Dues 10% increase
$372.46New Annual Dues
$165.09New Parking Assessment

Thank you for your attention. As a reminder, you may submit a proxy form if you are unable to attend the Annual Meeting so that your vote is counted toward the Board elections. If you have misplaced your proxy form, you may access a blank form online.