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Dear Homeowners,
The Board of Directors of Oak Creek Homeowners Association has reviewed the 2022 budget and expenses and determined that there will be an increase in assessment fees in 2022. The monthly assessment for 2022 will increase by $1.40. The new monthly rate effective January 1st will be $29.40. The increase is necessary as the cost to maintain Oak Creek has continued to increase over the years. Add in the current rate of inflation; the cost of labor, supplies and gas are being passed on to the Oak Creek Association by our vendors as I am sure you are experiencing the same in your daily lives. Statements will be mailed to all owners. If you do not receive your statement by December 15th, please contact our office immediately. Please make checks payable to Oak Creek HOA, and mail to the address listed on the statement. Include your account number on the check to ensure timely and accurate posting. You can also elect to make your payment online by visiting www.cmaaustin.com. Please note that there is a fee for using the online payment option. Owners currently enrolled in automatic draft payments will continue to be drafted monthly. If you are using other methods of payment, please ensure you update your banking, credit card and bill pay to reflect the increased amount. For information regarding automatic draft payments, please contact our office at [email protected]. We encourage all owners sign up for automatic draft or place your payments on bill pay as any delinquent owner will be assessed a $20 processing fee for any certified mailings related to delinquent balances. The fees are due and payable the first of January. Your Association assesses late fees if payment is received after the 10th of the month. Please pay in a timely manner to avoid these additional charges. Sincerely, Jennifer English, CMCA, AMS Certified Management of Austin, LLC On behalf of the Oak Creek Board of Directors
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October 2024
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