Mountain Gate HomeOwners Association
HOA
volume one | number one | OCTOBER 2011
Working to improve the quality of life for all of our members
Welcome
Welcome to the first issue of HOA Update, the newsletter of the Mountain Gate Homeowners Association. Our goal is to keep you updated on important information and improvements regarding the quality of life as well as the safety and security of our members. We are humbled to represent our neighbors and wish to maintain an open line of communication with each and every one.
HOT TOPIC
HOA Improvements Some of the higher-profile projects the Association has completed ... • New pool furniture for all three pools • Slurry sealcoat applied to all streets • Tire spikes installed on exit gates • Magnetic locks installed on all gates • High-efficiency variable-speed pumps on all pools to reduce cost of operation • Increased height of fence at pools • Picnic table at Tot-Lot • Added security measures to pool heaters to prevent unauthorized temperature changes • Rebuilt flagpole • Replaced cracked pool slab at the pool on Terraza • Replaced and upgraded rope lighting at main entry to LED
CC&Rs and Rules are available at westhoa.com
Doing More
Meeting at 2pm, why not 6pm? “Why are Board meetings in the afternoon, not in the evening when I could actually attend?” We understand some members’ frustration and can only answer with the fact that we have tried it both ways. The problem is that many cannot attend in the evenings. We found that either way, attendance remained about the same. If you find it difficult to attend a meeting and have questions or concerns, we encourage you to contact the Board directly at hoamountaingate@gmail.com or management at 760.269.4143 or manager@westhoa.com.
Financial Highlights • Paid back $50,000 loan from reserves • Paid $67,000 for utility reimbursements from previous years • We continue to increase our operating and reserve fund balances (see below) • Mountain Gate still has among the lowest HOA fees in the valley 2008 Operating Fund Balance
($67,352)
Reserve Funds
$201,807
Revenue Less Than Expenses
($88,452)
Revenue More Than Expenses
2009
Increased efforts to collect past due assessments Increased courtesy and hearing notices for violations of the governing documents Increased patrols by Maxwell Security Increased landscape maintenance
2010
2011
$2,927
$116,554
$170,634
$272,370
$315,753
$433,445
$49,140
$100,923
$150,000 +/-
deficit
DEFICIT
Contact the Board with any questions or concerns: hoamountaingate@gmail.com Please contact the Board with any questions or concerns: hoamountaingate@gmail.com