Category Archives: Financial Information

The 2021 Budget was approved on November 18, 2020.

The proposed budget for 2021 reflects a loss of income from the Town of Columbine Valley. Dues remain flat as do most expenses compared to 2020. 2021 Proposed Budget

While the current budget vs. actual shows a substantial variance to the budgeted expenses, there are always significant dollars ear-marked for December. After those expenses, we are anticipating a favorable variance of $1,500 – $2,000. This variance would result in … Continue reading →

Dating back to approximately 1996, the HOA neglected to pay property tax for the parcel of land located at the west entrance of the neighborhood. This property is now owned by a party unrelated to the community. The HOA proposed … Continue reading →

Overall, performance to budget was favorable in 2019. REVENUE – revenue was slightly underbudget due to the non-payment of dues by a select few residents. Efforts are being made to catch-up outstanding balances with those residents. EXPENSE – While most … Continue reading →