Economics 101 of Your Summit House Unit
Though it's a few months away, the calendar is racing toward out Summit House Annual Meeting. That is when our Board announces the dues we will pay in the coming year. If the past repeats itself, some Board members will say costs are going up and dues need to be increased. While the monthly costs of Summit House can change, the average annual amount needed for long term infrastructure maintenance called reserves has not changed for several years. It's a good time to ponder protecting the large amount each of us has at stake in our unit.
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