Announcements

Each year, the association’s volunteer Board of Directors carefully reviews the past year’s expenses and income to best project the financial requirements for the upcoming fiscal year. Funding for the budget comes from assessments that homeowners pay each month. When reviewing the budget, the Board considers factors such as recurring contract costs, inflation, utility usage and rates, insurance, and appropriate reserve contributions (savings) each month to pay for the repair, restoration, and/or replacement of common area components as needed. 

The 2024-2025 fiscal year budgets and monthly assessment rates that go into effect on June 1, 2024, have been approved and published by your Board of Directors.

If you are currently set up on auto-pay through your bank, please make sure to make the necessary updates to ensure the proper amount is debited from your account each month. If you are registered with Click Pay (through FirstService Residential), your payment will update automatically.

Visit the Budget and Financing page to review your respective budget packet. If you are unsure which budget packet applies to you, please contact the LARMAC office at the Avendale Village Clubhouse at contact.LARMAC@LaderaLife.com for assistance. You may also check the notification letter that was mailed to your home. 

On this page, you will find the full budget packets, FAQs and pie charts showing the breakdown of expenses that make up the monthly assessment fee.

Please contact our General Manager, Ken Gibson, at ken.gibson@fsresidential.com or our Assistant General Manager, Stephanie Jebbia at stephanie.jebbia@fsresidential.com should you have any questions.