Frequently Asked Questions About the HOA Assessment:

Q: How much is the assessment?
A: At the last annual HOA meeting on April 25th, the association approved a $50 assessment for the 2003-2004 budget year, which ends on February 29, 2004.

Q: When are they due?
A: They are due by June 30, 2003.

Q: When is a payment considered late?
A: Quite simply, when it has not been postmarked within the 30 day grace period. We appreciate that lost checks do happen from time to time and we will make the necessary accommodations.

Q: Is there a discount for paying multiple years?
A: No. The association does not collect an assessment on an annual basis, but only when required to maintain sufficient funds per the association by-laws.

Q: When was the last assessment?
A: The last assessment was in 1998.

Q: Whom should I make the check payable to?
A: Please make your payment out to: Austin Great Hills Home Owner's Association, Inc.

Q: What happens if I don't pay for several months?
A: You will accrue interest on a monthly basis until the assessment is paid in full (including the interest). After due diligence in trying to collect the delinquent assessment, the association will file a Lien against your property for failure to pay association assessment.

Q: Can I withdraw from the association, so I do not have to pay the HOA assessment?
A: No. By purchasing the property within the association, you became subject to The Declaration of Covenants, Conditions, and Restrictions of the association. It is the same as deciding not to be part of Travis County in an effort to avoid paying property tax. You can visit www.greathills.org to view and download a PDF copy of The Declaration of Covenants, Conditions, and Restrictions.

Q: Whom do I contact if I have any questions on the HOA assessment?

Roland Fabrega is the Treasurer for the association. Please don't hesitate to call Roland at 343-7037 or email him at rfabrega@austin.rr.com for any questions regarding the assessment or the Association's finances.