FAQs
WHAT DO MY FEES PAY FOR?
The annual fees pay for the WATER, ROAD MAINTENANCE/REPAIR and POOL UPKEEP. As well as administrative costs necessary to operate the association.
HOW MUCH ARE THE FY2025 (July 1, 2024 through June 30, 2025) DUES?
Dues are $2,400 for fiscal year 2025 and will be collected in accordance with corporate by-laws.
WILL THERE BE AN INCREASE ON MY FEES?
Fee increases are voted on at the annual FSIMA meeting now held on the third Saturday in May.
WHEN ARE THE FEES DUE?
For annual payments, FY 2024/2025 payments are due September 1, 2024.
Monthly payments start on July 1 and are due on the first of the month and are past due at the end of each month.
ARE THERE PAYMENT PLANS?
It was voted at the June 22, 2024 Community Meeting to implement monthly payments. If you have past due payments , please reach out to the board, fsboardmembers@forestsprings.org to discuss options to bring your account current.
WHERE DO I SEND PAYMENT?
Payments shall be sent to:
FSIMA c/o Liberty Bank
PO Box 890
Boulder Creek, CA 95006
CAN I PAY BY CREDIT CARD?
Yes, we accept credit card, paypal, venmo and ACH payments with electronic billing. We also provide automatic payments through Quickbooks. Please send your email address to homeownerdues@forestsprings.org or the Board at fsboardmembers@forestsprings.org and your account can be set up for electronic billing.
WHAT HAPPENS IF I DON’T PAY
Not paying the annual fees hurts us all.
To start the conversation, please reach out to the board.
All members who are in arrears may apply to the board for approval of a payment plan, please contact the board of directors at: fsboardmembers@forestsprings.org for more information.
Failure to communicate and discuss a payment plan now, will cause this matter to continue to escalate and we will exercise our legal rights
WHAT HAPPENS WHEN I SELL OR BUY A HOUSE HERE?
All the transfer fees and document transfers are handled directly with FSIMA. We will provide all the closing fees related to the association: outstanding association dues (i.e. 2023 - 2024 = $2,400.00) as well as transfer fees of $5000.00, and document transfer fees of $250. These all need to be handled during escrow close. (info updated on October 10, 2024)