— Mandatory Annual Dues —
How to Pay your Dues:
Residents have several options for paying their annual and past unpaid dues:
All dues are to be paid via PayHOA
SMPOA STATEMENT REGARDING MANDATORY ANNUAL DUES:
As a State of California recognized Home Owner’s Association (HOA), we have monthly & yearly financial obligations funded by our membership dues, bank savings and advertisers. Our fiscal year runs from July 1st through June 30th of the following year.
Dues are necessary to run the functions mandated by our SMPOA By-Laws and go towards the following:
Payments of the HOA Federal & Franchise Tax Board taxes, as we are not a non-profit entity.
Liability Insurance for volunteer Board Members.
Legal fees, as the need arises, to retain counsel - e.g., dealing with threats of fire, trash dumping and vagrant intrusion from vehicles parked alongside PCH at the base of Sunset Mesa.
Accounting fees for the SMPOA tax returns preparation & filing.
Costs associated with notifying realtors & escrow agents of the HOA documentation fee upon the sale of a property.
Yearly HOA Annual Meeting, as mandated by law, for SMPOA members.
Local neighborhood events for block parties & community gatherings.
Sunset Mesa-ge editing, printing and distribution.
SMPOA website building & hosting fees.
Storage facility fees for archives of HOA documents, as required by law.
Other expenses - e.g., office supplies, postage stamps, reflective house address numbers, doggy bag stations, ancillary help as needed.