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A Newsletter of the Tatum Highlands Community Association

A Message from Your HOA President

  • 4 days ago
  • 1 min read

As we settle into the new year, I want to take a moment to share some excellent news regarding the "business" side of our community. While we often focus on landscaping and community events, the underlying financial health of our association is what ensures our property values remain high and our amenities stay beautiful.


Our Board of Directors, in partnership with our management team, has remained committed to a strategy of disciplined spending and proactive planning. This year, we have been able to increase our funding to the reserves; we are currently adding $14,440.00 every month to the reserve fund.


Additionally, we moved $150,000 in excess funds from our operating account into our reserve account and purchased four CDs in the amount of $150,000 each, with staggered maturity dates of 6, 12, 18, and 24 months. This strategy ensures our capital is working for us while remaining accessible.


Financial stability isn’t just about numbers on a spreadsheet; it’s about peace of mind. A fiscally sound HOA means:

· Protecting Your Investment: Lenders look at an HOA’s health when approving mortgages for potential buyers, making your home easier to sell.

· No Surprises: Our goal is to avoid special assessments by planning for the future today.

· Quality of Life: We can continue to maintain our common areas to the high standards we all expect.


Thank you for being such a vital part of this community. Your timely dues and the care you provide for your properties are what make this stability possible.


Best regards,

Pat Diaz

President, Tatum Highlands Board of Directors




 
 
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