In recent years, the Lake Lashaway environmental needs have increased significantly. The introduction and growth of invasive weed species have required us to consider and introduce herbicides to reduce infestation. This treatment is costly and is a long-term commitment by the Association to keep our lake clean and safe for all residents and users. To this end, the LLCA established a Lake Management Fund to address and support all aspects of protecting our lake, our scenic pleasure and our investment.
In order to address the LLCA’s increased financial needs associated with the continued weed program maintenance and other improvements, the Board is suggesting Membership Program and Fee structure used in 2022 be the method for support in 2023. It is important to note that the main form of revenue for the LLCA is the Membership Program. We are extremely grateful for the significant increase in membership in the past two years and most thankful for the generosity of many of our members in contributing to the lake fund. .The new Membership Program establishes the following criteria:
- The annual fees are divided into two categories: the general membership fee (fixed amount) and the lake management fund fee (variable amount).
- The lake management fund fee will be calculated annually and assessed based on the projected budget expenditure for the upcoming fiscal year (the greater the membership the lower per household cost).
The board will be sending the Annual Appeal letter in January with the suggested Fees.
Let’s all stand together as a lake community.