10/30/2026
ANNOUNCEMENT regarding the annual meeting and budget information for 2027:
It shall be the duty of the Board to prepare a budget covering the estimated costs of operating the Association during the coming year, which shall include a capital contribution or reserve in accordance with a capital budget separately prepared. The Board shall cause the budget and the assessments to be levied against each Lot for the following year to be delivered to each member at least thirty (30) days prior to the end of the current fiscal year.
As part of the preparation of the 2027 Budget, the Board commissioned a Reserve Study that is used to ensure that we have sufficient funds to maintain the Shakerag community infrastructure. We received the study, in time for the Board to review and finalize the 2027 budget which will be presented at the Annual Meeting on November 4th. Our objective this year is to not have a fee increase.