At the November 2023 board meeting the 2024 assessment rate was set. The assessment rate has increased by 3.5%. Bringing the assessment to $787 for 2024.
Bills for the assessment should be ready to go in the mail and I expect you will start seeing them in the next week. Assessments are due January 1, 2024, and will be considered late if RECEIVED after January 31, 2024. Late fees will be charged on February 1st for any account where the assessment has not been received in full.
If you are unable to make your assessment payments timely consider getting on a payment plan for the assessments before the late fees, certified letter late notices, and legal referral happen. The best time to address getting on a payment plan is before you are late. The payment plan policy can be found here. https://mnwhoa.org/wp-content/uploads/2016/01/MNW-Payment-Plan-Policy-3-22-12.pdf