Welcome to the Green Valley Ranch Master Homeowners Association website! The Board of Directors Approves Final 2009 HOA Budget
The Board of Directors is responsible for developing and approving the 2009 Budget. Meetings began in March 2008 to develop programs in response to Homeowner concerns and input regarding the economic conditions presented by the foreclosure crisis. In August 2008, the Board began formalizing the Association's Strategic Plan in a meeting which included the Board of Directors, District Delegates, Metro District representation and Committee chairpersons. The Board has approved the final budget for 2009. The budget includes essential services for covenant enforcement, as well as programs and functions to address and enhance important issues such as foreclosures, property values, public safety, etc.
Ballot Measure 5A in Jeopardy
The HOA Board is further challenged by statements made by the GVR Metropolitan District Board of Directors, which indicate that the Metro District Board, thus far, has chosen to not follow Voter Approval to fund all of the HOA Budget per the 2007 Ballot Measure 5A. The HOA budget complies 100% with Ballot Measure 5A. The current Metro District Board has chosen to only fund portions of the HOA 2009 Budget. The 2009 District Budget, approved January 26, 2009 does not fund the final $256,000 the HOA Board requested, and instead the District created their own $400,000 Reserve and Contingency. This will require the Association to revert back to billing Homeowners for the unfunded portion of the 2009 Budget. In documents filed by the Metro District’s Attorney with the court, “The HOA may fund those items…for its 2009 budget that the Metro District has not funded…using its assessment power.” This is exactly what the Voters wanted to change by approving 5A, now the District is telling the HOA to go back to the old ways while the Metro District continues to collect the same amount of taxes. The question remains, if the District Board chose to assess the same taxes in 2009, why won’t they fund the HOA budget instead of creating these new reserves. Why is it necessary for the Metro District, which has over $7 Million in the bank, to build more reserves and tell the HOA to go back to Assessments? Why won’t the Metro District Board follow the intent of the voters? As a taxpayer, you may want to call the Metro District at 303-307-3240, or go to gvrmetrodistrict.com/contactus.aspx to ask them why.
The HOA Board is further challenged by statements made by the GVR Metropolitan District Board of Directors, which indicate that the Metro District Board may chose to not follow Voter Approval to fund all of the HOA Budget per the 2007 Ballot Measure 5A. The HOA budget complies 100% with Ballot Measure 5A. Should the Metro District choose to not follow Voter approval, the Association will have to revert back to billing Homeowners for the 2009 Assessment. The Association mailed the following letter to all Homeowners within the Association, which provide additional information and requested Homeowner response: If the Metro District doe NOT collect the property tax to pay for HOA (as approved by 5A), the Association will have NO CHOICE BUT TO BILL THE HOMEOWNER (which is a high cost to the Homeowner).
2009 Budget Draft 4 for GVRMD 20090105-Comparison of Mills versus Assessment.pdf
2009 Budget Draft 4 for GVRMD 20090105-Narrative All Funds.pdf
2009 Budget Draft 4 for GVRMD 20090105-Summary Admin Funds Only.pdf
2009 Budget Draft 4 for GVRMD 20090105-Summary All Funds.pdf
Analysis of HOA and DISTRICT Budget Increases.pdf
Dec 1, 2008 Letter to Homeowners-How do you want to pay for the 2009 HOA Budget.pdf
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