With the new fiscal year for the Association, the Board of Directors has reviewed the operating budget with the goal of providing efficient operations and funding adequate reserves to meet long-term requirements. Based on this review, the Board determined that, in order to maintain the financial integrity of the Association and to meet ongoing maintenance costs, which increase the aging process, a 18.97% increase in assessments will be effective May 1, 2020. As of May 1, 2020 the new assessments will be $69.00