ASSESSMENTS
Assessments Calculations
ASSESSMENT AMOUNT
The total current annual assessment amount is applied to the routine operation of the community. The requirement for annual assessment payment is not contingent on resident issues with other account items such as past due amounts, fines or topics.
Assessments are currently set as follows:
Total Market Value (per Auditor)
x
.07% (or .0007)
———————
Total Annual PCMA Assessment
Example
$256,000.00
x
.07% (or .0007)
———————
PCMA Assessment = $179.20
QUARTERLY COLLECTIONS & REMINDERS
Your total assessment for each year is broken down into four quarterly payment due dates:
- January 30th
- April 30th
- July 30th
- October 30th.
Join our mailing list to be reminded of payment due dates:
Please email Sarah Peebles with any accounting questions at speebles@ohioequities.com.