Timberlane II HOA
|Keeping Our Community Connected|
Our fiscal year at Timberlane II begins on July 1st of each year. All owners will soon be receiving the HOA Board-approved budget for the coming year along with information about a change in the HOA fees necessitated by the increase in expenses, especially for landscape maintenance and our water bills that cover both our common area use and the water used by each household. Also, we are in need of continuing to build up our required reserves account that is used for major necessary projects. We just completed an updated reserves study that projects the expected amounts and dates for these major projects. Our next anticipated large project will be roof replacements that will start in a few years as our current roofs degrade. The new budget builds in a reserves allocation increase in order for us to have the necessary funds for these projects as they become necessary.