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WELCOMESpring Valley
Homeowners Association 2015 Annual Membership Meeting
Spring Valley HOA - 2015 Annual Membership Meeting
AGENDA Call to Order Approval of Previous Annual Minutes Introduction Board of Directors Reports
President’s Report Architecture Committee Covenants Committee Irrigation Financials / Budget 2015 Budget
Member/Neighbor Input New Business Door Prizes Adjourn
Spring Valley HOA - 2014 Annual Membership Meeting
BOARD OF DIRECTORS
Joel Robinson Wayne Campbell Sharon Wilkinson Mike McDowell Christine Sartoris
Spring Valley HOA - 2014 Annual Membership Meeting
OVERVIEW 2014
Volunteers Irrigation System Improvements Collections E-Alert/E-News Sign up
www.springvalleyhoawebsite.com/Contact.html
Spring Valley HOA - 2014 Annual Membership Meeting
ACCOUNTS PAST DUE AS OF JAN 5, 2015
STREET Past DueLien Filed Lien Amount Notes
Applewood $ 1,116.41 x $ 328.74 Short sale-pending
Beechwood $ 121.40 Payment plan
Pheasant Run Cir $ 948.36 x $ 538.41 In collections
Pheasant Run $ 2,387.31 3 $ 1,141.02 In collections
Primrose $ 718.12 x $ 351.80 In collections
Sub Total $ 5,291.60 $ 2,359.97
Spring Valley HOA - 2014 Annual Membership Meeting
2014ARCHITECTURAL SUBMISSIONS
Approved 37 Total Requests11 Painting3 Fence 5 Storage Sheds7 Roofing 3 Stucco2 Siding4 Building Modification3 Pergolas, Carport
Spring Valley HOA - 2014 Annual Membership Meeting
SMALL CHANGES - BIG IMPACT
Spring Valley HOA - 2014 Annual Membership Meeting
Door color
Painted/ stained fence
OTHER CHANGES
Spring Valley HOA - 2014 Annual Membership Meeting
New vinyl siding
New roof with architectural shingles
COMMON COMPLAINTS & COMPLIANCE ISSUES Garbage cans in front of
house Parking Violations
RVs, boats, ATVs, etc not behind fences
RVs, boats, ATVs, etc longer than allowed
Misc Trash or Items notstored behind the fence
Spring Valley HOA - 2014 Annual Membership Meeting
Total Violations: 60
OPERATING EXPENSES
Spring Valley HOA - 2014 Annual Membership Meeting
2014 (actual) 2015 (Draft)Annual Meeting 145.00$ 175.00$ Capital Improvements* - -Income Tax - -Insurance 2,771.00$ 3,400.00$ Irrigation Manager 9,732.50$ 10,250.00$ Maintenance & Repairs 10,813.76$ 7,500.00$ Office Manager 9,000.00$ 9,900.00$ Office Expenses 2,310.10$ 2,500.00$ Power Expense 15,844.08$ 16,000.00$ Professional Fees 387.50$ 1,000.00$ Recording Fees 154.00$ 150.00$ Locate Utilities 252.75$ 275.00$ Water 8,460.23$ 8,465.00$ Reserve Study 1,450.00$ Miscellaneous 5.00$ 100.00$ Total Operating Expenses 59,875.92$ 61,165.00$
2014 EOY & 2015 BUDGET
2014 2015 ( actual ) (current dues $200)
Income $ 85,047 $ 83,800Operating Expenses - 59,876 - 61,165Total Net Income $ 25,171 $ 22,845
Spring Valley HOA - 2014 Annual Membership Meeting
JANUARY 2015ESTIMATED RESERVES
Spring Valley HOA - 2014 Annual Membership Meeting
Operating Account: 4,522
Capital Improvement: 100,061
Money Market Reserves: 73,860
Estimated Operating and Reserves:$ 178,443
HOA DUES DOOR PRIZE
Proxy Door Prize Attendee Door Prize
Spring Valley HOA - 2014 Annual Membership Meeting