At least 30 days before Jan 1, the HOA Board of Directors fix the amount of the annual assessment due for the upcoming year. **The HOA By-laws allow for the HOA dues to be raised annually based on the Consumer Price Index (CPI) from the US Bureau of Labor Statistics.**
2. Notice of Dues Sent to Homeowners
At least 15 Days before January 1, the HOA board of directors will send written notice of fixed assessment dues to all homeowners. The due date for annual dues to be paid will also be included.
All dues are to be submitted and received no later than 30 days after the due date for payments to avoid any late fees. We do not currently have an online payment option. You can send a check or money order to the Castle Cliff HOA PO Box. It may also be an option through your online banking to schedule a check delivery, as some homeowners have done that. **If there are extenuating circumstances that result in a delay in paying your HOA dues, any request for an extension must be submitted in writing to the Castle Cliff HOA email address by the due date of January 30th.**
According to the Castle Cliff HOA Covenants and Restrictions, any HOA dues that are not paid within 30 days will be assessed a late fee of 18% (Article V, Section 8).