2010 Assessment Fees
Due January 1, April 1, July 1, & October 1
Quarterly Payment $67.64
Semi-Annual $135.28
Annual $270.56
Treasurer's Report
June 2010
by
Barbara L. Fredricksen,
Treasurer
As I write this report on May 19, 2010,
the financial picture for BWEHA, Inc. looks solid, despite the large number of
past due accounts.
We have $35,582.28 in our checking account
to cover bills for the rest of May and June. We also have $38,205.30 paid in
advance for future months.
We have 73 members (out of 877) who have
not paid their assessments at this time. Of those, 23 are late only for the
Second Quarter and have been sent to Attorney Donald Peyton, who will write
them a reminder letter, unfortunately, at a considerable expense to the
late-payer.
The Association has placed liens against
six Lot Owners; two others have been sent to Mr. Peyton with a request to place
a lien on them to protect the association's interests.
Of the remainder, 37 are in mortgage
lender foreclosure; one is dealing with having written a check with
insufficient funds to cover it; one has sold and is expected to close by the
end of May; and three are owned by people who have died and their estates have
not yet been settled.
A year ago, we had 59 Lot Owners who were
in arrears, with only 25 in mortgage lender foreclosure. As you can see, there
has been an increase, but in light of the much worse plight of other
neighborhoods in the Tampa Bay area, Beacon Woods East is in pretty good shape.
