Reply to Pool Assessments? $2500 per family plus huge dues hike

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Reply to "Pool Assessments? $2500 per family plus huge dues hike"

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[quote=Anonymous]Honestly this is pretty common and something a lot of pools will be facing. A long waitlist helps because they know if they have a special assessment that current members won't pay someone they can get someone on the waitlist will pay it.

Most pools in this area were built in the 50s and 60s and have not been upgraded in years. Some are gradfathered in to ADA regulations but once they start renovations will need to become compliant which is more money. When they upgrade they need to account for this.

I know the pool we belong too will be getting hit hard very soon. A lot of that is due to an incompetent board president who refused to raise dues for years. Despite knowing there were major repair on the horizon he didn't take steps to build the reserves. They finally raised dues but it was too late.  With no reserve they would also struggle to get a loan for major repairs.

It doesn't help that as others have mentioned pool operating costs are also higher which isn't helping membership costs and building reserves.[/quote]

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