The Board of Directors of Island Gate has been preparing our community’s budget for 2014. We have concluded that we will be able to manage the community’s financial obligations without increasing the Association dues for 2014. Our dues will remain at $260 per month. We have been able to keep the dues steady for a few years by focusing on keeping our costs low. We have also been quite lucky with variable items such as no snow removal costs for the last two years. This savings allowed us to offset higher insurance costs in 2013. We think we can get by keeping the fees the same and will do so in 2014, although there may be an increase in 2015.
Continuing the effort to keep costs low we have analyzed the monthly dues payments from our neighbors and noticed that most of us pay automatically from our bank and never use our payment books. Since the payment books cost the community about $1,000 a year to print and distribute we decided that only neighbors that request payment books will be receiving them this year. This will allow us to keep costs low while still accommodating our neighbors who still want a payment book.
If you are requesting a payment book please call AA at 732-294-8882 ask for Lorene and she will be glad to send you a book. Please do this by November 29th so we may have a book to you for the New Year. If you do not request a book by November 29 we will not be able to send you a book.
If you are paying without the book, either automatically or on line please continue to do what you are doing. Thank you.
If you are going on line to pay electronically for the first time, please follow the instructions below:
2) Go to process my on line payment, this will direct you to smartstreet.com (our bank processing company) There are 3 options to pay. We recommend number 3, which allows a recurring payment each month to be set up.
If you are going to mail the payment manually the address to send the payment is below:
Island Gate HOA
C/o Association Advisors
PO Box 105007
Atlanta, GA 30348-5007
Thank you, as always for your cooperation
The Trustees of Island Gate
