Addition Maintenance Program Contributions in 2018

Release Date: 
Jan 02, 2018

 

Addition Maintenance Program Contributions in 2018

 During 2018, members whose additions are enrolled on the addition maintenance program are expected to contribute a total of $190,880 to the Addition Maintenance Reserves’ fund. The contribution to the Addition Maintenance Reserves fund has been increased by 12.3% over the 2017 budgeted amount, to ensure that there are sufficient funds for improvements to additions during the Homes Improvement Program.  Monthly fee contributions to the addition maintenance program in 2018 are based on the following unit charges:

Category

Fee

Open porches covered with roofs

$0.06 per square foot

Unheated additions

$0.06 per square foot

Heated additions (less 2-story units)

$0.12 per square foot

2 – story additions

$0.12 per square foot

Fixtures

$2.59 each