Archive

Why do Assessments go up by ~1.5% each year?

While other factors go into budget development (see the other FAQs in this category and the links below), one component driving the incremental increase involves our Replacement Fund. The Dunes West Replacement Fund is currently funded at 46%. Our target is at least 70% by 2040 and 100% by 2050. The Replacement Fund is money set aside for each of the next 30 years to replace assets that will deteriorate over their useful life. Funding levels are determined by a professional reserves advisor. It has been the position of the Dunes West Board of Directors (DWBOD) to assess at a lower, predictable rate of increase rather than one that constantly varies; instead, the planning helps protect against surprises and special assessments. Additional information may be found here: Reserve Study, 2018-2019 Budget Letter, Budget Development Process. ...

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When will the LED street light project finally be completed as many lights are not working properly during the day and night?

During the July visit the Colorado based vendor corrected a number of installation issues with the new street lights however a number of the fixtures need to have upgraded drivers to adjust to the variable level of power delivered by Dominion Energy. This effort and their re-installation should be completed by early September. For a more complete explanation please refer to the August 2019 Street Light Update. ...

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What is the expected cost of the Guard House Relocation Project and what is the estimated completion date?

The BOD approved the project at the June 26, 2019 evening meeting for $700,000. The expense covers (1) extending the dual lane access from Dunes West Blvd farther into the community (closer to the intersection of Wando Plantation and Harpers Ferry), (2) the relocation of the gates, and (3) locating a new guard house in this spot. The project is scheduled to be completed by the end of March, 2020. ...

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