Dear Holiday Hills Condo Association Owners,

Enclosed is the 2025 proposed Master Budget for Holiday Hills Condo Association.

 

The meeting to ratify the budget will be held at 9 a.m. Saturday, November 16th, 2024 at the COA Office located next to Lakes O building at 196 W Rockford Drive in Branson, Missouri. In an effort to conduct a productive meeting, your Board of Directors request that all questions and concerns that need to be addressed be submitted in writing prior to the meeting

 

The Master Board has not approved a dues increase since 2021. The Master Board is recommending an increase for 2025. This is primally due to the 31% increase in insurance cost for the COA for 2025. 

In addition, the Association must consider future expenses and rate increases from service providers, along with aging infrastructure which requires additional investment for repairs to the COA buildings to meet and maintain a quality standard of living here at Holiday Hills.

The monthly dues are based upon your square footage of your condo. The new dues will be as follows;

Oaks: currently $90.00 – increased to $108

Bluffs: currently $127.00 – increased to $ 153

Pinnacles: currently $149 – increased to $179 for the 2/2. and currently $180 – increased to $216 for the 3/3

Lakes: currently $182 – increased to $218, currently $183 increased to $220, currently $185 increased to $223, currently $198 increased to $237 and currently $206 increased to $247.

After careful consideration, and review, the Master Board approved the 2025 budget on October 14, 2024 to be mailed out to all owners.  

 

The by-laws require 51% of owners must reject the purposed 2025 budget in order for the budget to not be approved.  If the budget is not passed for the upcoming year, the existing budget would continue, and the association would not be able to pay for building insurance, and other expenses for 2025.  

The Master Board appreciates your support and your attendance to the Budget Meeting. If you have any comments and/or questions, you may contact any of your Master Board Members or the COA office at (417-334-8364 or email holidayhills@suddenlinkmail.com).

 

Sincerely,

Master Board