foundation PUD/HOA Information
Assessments for 2018 for single family homes are $550 and $545.50 for Townhomes, due quarterly. Consult your sub-association regarding dues in the Ridge Townhomes. Assessments cover all common maintenance costs including swimming pools, fitness facilities, tennis and pickle ball courts, as well as periodic resurfacing of private driveways, hiking trails, patrol services, trash and recycling, and forest management.
Financial Management- Annual budgets for the Foundation are prepared and monitored by full-time employees. They also prepare estimates of necessary funds reserved for capital repairs and improvements. Budgets and reserve fund estimates are reviewed and approved by the Finance Committee of the Board. All interim financial reports are reviewed by the Finance Committee and the full Board of Directors on a current basis.
Financial Highlights- Annual reviews of financial statements are conducted by an independent firm of CPAs and a certified audit is prepared every three years.