The LSPOA is forming a Multiple Lot Assessment Committee to review our Multiple Lot Assessments to determine if there is a more equitable distribution of association expenses per lot. Over the next 6 months, the committee will meet and hold an open meeting for membership input prior to making a recommendation to the Board of Directors. If any change is implemented, it will not be effective until March 1, 2025. If you would like to be on the committee, please email John at email@example.com or call the office at 812-527-2943.
Here is our current breakdown:
781 members (52% of total lots) x $900 = $702,900
728 number of multiple lots owned (48% of total lots) x $90 = $65,520
Almost half of our lots are only contributing 8.5% of Dues, Assessments and Multiple Lot Assessments.
Part of this income is used to maintain gravel and paved roads along all 1509 lots such as road ditch mowing, dust control, spreading stone, paving and snow removal.