ListKit
Maps
Seller'sPropertyDisclosure
CCR's
Number of Total Platted Lots:146
Number or Standard Lots80
Number of Alley Lots (1‐7,36‐49, 87‐100, 108‐138)47
Number of Townhome Lots w/Alley (109‐127)19 Budget Year:2025 Budget Type:Monthly Fiscal Year End:12/31
Triple Ridge Budget Assumption
The 2025 Draft Budget has dues increasing by $10.94(sfh), $10.93 (alley) and $15.69 (th)
The following line items account for most of this increase, refer to the budget for all details.
Common Reserves increased by $3.90 per month
TH Reserves increased by $5.19 per month
Insurance .60 per month increase: AmFam will be cancelling all HOA policies at renewal in May 2025. The D&O from AmFam was only $125 annually and not other company offers this type of rate. The budget shows the Farmers quote, and we can get other bids but to get the budget approved, we are recommending this number.
Operating Contingency increased by $2.28 to help build up the operating account which is recommended to have 2-3 months of expenses available.
Grounds Contingence increased by .57 because $1,000 was added for tree removal by the pool and trimming in the park by the apartment garages.
Landscape increased by $1.98 per month
Utilities increased by $1.28 per month. Garbage was added.
Legal services increased by $1.42 per month
Alley homes- catch basin increased by $1.72 per month for cleanings 2x annually.
Alley snow is $500 per event, estimating 3 events, a .94 per month increase.
