Preliminary Estimate – HOA Fee Increase due to Inflationary Pressures

As our neighborhood considers options for our water system (converting to city water or maintaining our current well system), the HOA Board recognizes that current inflationary pressures are impacting all aspects of our lives. 

With a desire for transparency, the Board has made a preliminary estimate that we would need to propose a $50 increase per billing cycle at our next annual meeting to meet increased maintenance costs of our current system. 

Our commitment is to provide consistent excellence in water supply to all of our Franklin Knolls homeowners.  

The Franklin Knolls HOA Board

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