During their scheduled monthly meeting, the Stonebridge Ranch Community Association Board of Directors approved the Association’s 2023 operating budget and the 2023 annual assessment.
The flat-rate 2023 annual assessment for Stonebridge Ranch homeowners is $908. This is a 5% increase over the 2022 assessment. When planning your assessment payment, please keep these key factors in mind:
-The 2023 assessment statement will be mailed to each homeowner no later than December 1, 2022.
-The due date for your assessment payment is January 1, 2023.
-It is the homeowner’s responsibility to ensure their payment is posted to their SRCA account on time. The SRCA does not accept postage mailing date or the procedures of the homeowner’s bank. Some e-check and ACH payments can take up to two weeks to be processed and posted to the SRCA account. If you make or mail your payment after January 1, you risk a late payment fine.
Stonebridge Ranch and GrandManors offer a variety of payment options. These include:
–CiraNet Resident Portal.
-Automatic Draft (ACH).
-By calling the GrandManors Resident Service Center at 855-947-2636 to pay by e-check or credit card.
-In person at the SRCA office. Please note that the on-site office does not accept cash or credit/debit cards.
-Check by mail.
A comprehensive explanation of assessment payment options was published in the September 2022 issue of Stonebridge Ranch News magazine. Please visit https://issuu.com/community_matters/docs/stonebridge_ranch_news_september for detailed information.
Why the Increase?
The SRCA homeowners who volunteer on committees and serve on the Board of Directors strive to maintain (and improve) premier SRCA services. Whenever possible, the Board of Directors will elect to keep the annual assessment the same as the previous year. However, as expenses increase, so must the assessments. This is what we have encountered this year. An in-depth interview with SRCA Treasurer, Norm Counts, will be featured in the December issue of Stonebridge Ranch News magazine.
Various factors have contributed to the assessment adjustment. For example, SRCA is experiencing cost increases just like homeowners. SRCA services and benefits, even at current levels, will cost more in 2023. Another reason for the adjustment is our loss of annexation fees. SRCA is now built out so there will be no further annexation fees from developers to join SRCA.