December 2003 Informational Letter
2003 Board of Directors Michelle Nelson President michelle@weatherstone.us Michael Del Toro Vice President michael@weatherstone.us Hans Schnettler Vice President hans@weatherstone.us John Groom Treasurer john@weatherstone.us Board E-mail Address board@weatherstone.us Weatherstone Website http://weatherstone.us Community Management Specialists Phone: (720) 377-0100 Fax: (720) 377-0111 E-Mail for CMS: beth@cmsincorp.net Beth Barker Association Manager ext. 304 Upcoming Events Tue, Dec. 23, 05:30 PM Wed, Dec. 24, 05:30 PM · Holiday Sidewalk Luminarias Help create a holiday wonderland throughout Weatherstone by placing luminarias along the front sidewalks of your home.	Weatherstone HOA Adopts Rate Increase The Weatherstone at Highlands Ranch budget meeting was held on December 1, 2003 at Saddle Ranch Elementary. At this meeting, the proposed 2004 Budget was presented to the Weatherstone Homeowners. The 2004 budget reflects an increase in the annual dues from $300.00 to $450.00 per household. The dues increase includes a new community-wide trash service through Eagle Waste Services. The proposed increase was passed by the homeowners at the meeting and the proposed 2004 budget was passed by the Board of Directors at a brief meeting following the quarterly meeting. The new assessment amount will be effective January 1, 2004 and the new trash service will begin on Monday, January 5, 2004. Enclosed in this mailing is an updated 2004 budget which includes the year-to-date actuals (through November 2003). At the meeting several questions were raised due to discrepancies between the 2004 budget that was mailed to the homeowners and the handout that was given at the meeting. This final version of the budget is provided to answer these questions and provide homeowners with more current information. Below are details regarding the changes to the budget: Electric and Gas 1. New categories separating Electric/Gas for the common areas and pool area were added to help track those expenses individually – the budgeted amounts were divided accordingly. 2. Increased budgeting for electric and gas based on the most recent rate structure from Xcel Energy (including a projected increase of 74%). Water 1. New categories separating water into budgeted amounts for the common areas and the pool to help track those expenses individually – the budgeted amounts were divided accordingly. 2. Increased budgeting for water to account for a predicted rate increase of 2.9%. Trash 1. Addition of a trash category to the budget to account for the community-wide trash service. 2. At the meeting, the dollar amount was an estimate, which has been updated to reflect the negotiated, final rate with Eagle Waste Services. This budgeted amount includes trash pickup at the pool.