To board did pass the FY2012 budget, which reflects a 5% increase in assessments. This increase is retroactive to Jan 1, 2012. W.L. Seymour will be sending statements to homeowners reflecting their individual FY2012 unit monthly assessments.
Calculations of individual unit assessments are based on the unit percentage of ownership. This percentage of ownership is provided for in the Bylaws "Amendment to the Declaration of Easements, Restrictions and Covenants for Townhomes of Sarah's Glen".