Although financials look positive in some areas, expenses for rockery wall repairs in 2018 have had a substantial negative impact on the SOA General Common Reserves. After countless hours going over the numbers and examining every option, the Finance Committee and the Reserve Study Specialists (Browning Reserve Group) have concluded that a special assessment of $1200 per unit is needed to bring the Common Area Reserves up to an acceptable level and to cover an estimated $3.7M for additional “high risk’’ rockery wall repairs in 2019. Read a Power Point of the committee’s 2019 Budget Presentation.