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Annual Dues
 
 

   

Annual Dues is one of the few requirements of the homeowners within the Hampstead Community.  Every fall, the projected budget for the neighborhood is produced with the anticipated costs to operate the neighborhood.  An Annual Meeting is held in late January to bring the homeowners together for fellowship and allow an open forum to discuss community issues.  Starting in January, neighbors are notified about the annual dues.

Annual Dues:

  • must be received by April 1st to avoid late fees and other penalties
  • typically increase by $10 every year to keep up with inflation (3-4%)
  • for 2009, the cost may remain at $235, but may increase to $245 if the board determines the additional revenue is required
  • mail to: Hampstead Community Association, PO BOX 211575, Martinez, GA 30917 (dues should not be hand delivered to board members or placed in mailboxes within the community).  If you are curious if your dues have been received, please contact the Hampstead Community Treasurer
Many people have expressed a curiousity of where the money is spent.  Below is a list of categories and amounts that are approximately spent each year to operate this neighborhood:
 
Category Amount
Insurance & Utilities (Water, Electric, Detention Pond insurance) $3,500
Legal Activities (attorney & court filings) $800
Operating Expenses (taxes, PO Box, signs, supplies, postage, web page) $1,200
Community Activities (annual parties, gifts, yard of the month, welcome baskets) $1,500
Lawn Care (Common Areas) $9,000
Landscaping & Community Projects $5,000
Total $21,000
 
 

 

 

 
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