On Tuesday, November 1, 2022, at 7:30 PM the Board of Directors will determine the 2023 Assessment for Memorial Northwest. Last month the Board of Directors reviewed the 2023 proposed budget to best serve our community. Everyone in our community should be aware of the current economic conditions facing our nation and the world. The mid-term elections are happening now so get out and vote.
For our community, we see an increase in costs of wages, insurance, and services due to inflation and other uncontrollable circumstances. Based on the proposed 2023 budget, an increase of 10% does not provide any increased funding towards reserves for future asset replacement.
The Board has taken extraordinary steps this past summer to dramatically change directions to better aligned quality services for our community. We now have another property management company (FirstService Residential) dedicated and aligned to our community needs. The strategy is simple, provide easy access and accountable service within our subdivision.
We have a new Property Manager and Lifestyle Coordinator that offices at our Community Center and are dedicated to our needs. Please feel free to stop by and say hello.
I hope to see you at our Board meeting on Tuesday.