Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
Due to our aging infrastructure and rising service costs, we anticipate that the annual assessments starting in 2026 will increase. The Board is planning a 2026 budget session the first week of October, and the general membership is invited to attend. Please stay tuned, the Association will announce the budget meeting time and date soon.
The HOA Board conducted a Reserve Study, which identified the necessary funds to update and properly maintain our aging infrastructure. As they age, all common area amenities require scheduled maintenance and/or replacement. Some of the amenities that need replacement and/or repairs include: pool resurfacing, the community brick wall, the clubhouse roof, Common Area tree trimming/removal, and the Children playground to name a few. The current method of maintaining a reserve fund account, known as a Straight-Line Method, presents a challenge on how money can be allocated to maintain these assets. The Association is looking into changing to the Pooled Method, which will allow flexibility in chaneling resources quickly to maintain these assets as needed. The Association will discuss this topic with the general membership in due course and will solicit inputs prior to changing the reserve funding method.
To review the entire Reserve Study, please click the link below.
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Mail: Oak Hammock Preserve Community Owners Assn.
1631 E. Vine Street, Suite 300, Florida 34744, United States
407.705.2190 ext 408