Embedded Files
The revenue from our HOA Member dues is managed by the HOA Board's Finance Officer. This includes two critical functions:
(1) Establish an annual budget with a fiscal year of July 1 to June 30. You can find a copy of the current approved annual budget attached below. The budget includes a number of expense categories to care for our community including: HOA operational expenses; utilities; insurance; taxes; and property maintenance for the commons area, lake and dam.
(2) Generate a monthly budget variance report which tracks actual monthly expenses against the HOA's annual budget. The most recent monthly budget variance report is attached below.
Dogwood Springs HOA Approved Budget 2026-27.pdfHOA Approved Budget 2026-27
May Variance Report 2026.pdfBudget Variance Report May 2026
violation notification procedure_FINAL 2.8.24.pdfViolation Notification & Enforcement Procedure
The HOA annual budget allocates funds to operate, maintain, and care for the HOA's assets as well as promote the recreation, health, safety and welfare of the HOA community. The HOA assets includes the Common Area (i.e., lake pavilion, parking lot, lake docks and picnic area), majority ownership of the Pineywoods Lake, and co-ownership of the Dam.
The HOA Annual Dues is an assessment to each property owner that funds the HOA annual budget. HOA members are notified of Annual Dues payment by U.S. mail in April and payment is due no later than the end of June. Late payments are subject to fines as described in the Violation Notification & Enforcement Procedure document attached below.
You can find below the current HOA Fiscal Year Budget for proposed spending, annual Treasurer’s Financial Report for actual spending, current month’s Treasurer Report, and the Violation Notification & Enforcement Procedure.
March Variance Report
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