Westfield HOA Assessments: Building a Strong and Vibrant Community Together

Westfield HOA Assessments: Building a Strong and Vibrant Community Together

January 15 2024

You should have received the annual dues invoice from Spectrum Association Management for your 2024 dues. In that notice, you will see that the dues remained the same as last year $480.00. Additionally, you should have received a copy of the 2024 budget summary which shows the expected expenditures for 2024. To help ensure the financial health of the Westfield HOA, assessments are due by January 1st, 2024 and are delinquent on February 1st, 2024.

If you are unable to pay them in full by February 1st 2024, we encourage you to reach out beforehand to the Spectrum property manager, Mandy Johnson at majohnson@spectrumam.com or 832-500-2232 to discuss a payment plan or other options to avoid late fees and attorney fees. By doing this, you will save a lot of money on attorney fees.

Westfield HOA Board of Directors would very much like avoid sending any accounts to the attorney for collections, as it can get very, very expensive, very quickly. An initial assessment of $480.00 can turn into thousands of dollars within months if the homeowner does not act beforehand to make alternative payment arrangements. Your Board of Directors is committed to do all we can to help you avoid extra fees, but the HOA’s expenses depend on collecting the community assessments.

WESTFIELD HOA 14 YEAR ASSESSMENT HISTORY

2010
$393
2011
$383
2012 - 2017
$373
2018
$398
2019
$398
2020 - 2022
$437
2023
$480
2024
$480
 
Total of $87.00 increase over 14 years = $6.22 average increase per year.
 
Thank you for your understanding and cooperation as we work together to secure the financial health of our HOA, as well as the beautification and sustainability of our neighborhood. Please contact Spectrum property manager, Mandy Johnson at majohnson@spectrumam.com or 832-500-2232 with any questions or concerns about your assessment.


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