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Home » Announcements » Board Announcements » FV6 FY2020-2021 Adopted Budget

Announcements

FV6 FY2020-2021 Adopted Budget

6/17/2020
Greetings Fairfax Village VI Co-Owners/Residents:

It is with great pleasure that I announce the various improvements to our property in FY19-20:

LandscapingEnhancements throughout the property
Installation of LED lights in the commonareas of the multi-unit buildings
2 Roof Replacements
Access Monitoring Cameras throughout theproperty 

Our list of scheduled improvements for ourproperty in FY20-21 includes the following: 

1 Roof Replacement
Gate Valve Replacements
Concrete Repairs throughout the property

Please log onto the FV6 website for an electronic copy of the FV6 FY20-21 Adopted Budget. 

There will be a 3% increase in unit owner assessments for the new fiscal year starting July 1, 2020 - June 30, 2021.  

Effective July 1, 2020, each co-owner will be responsible for paying the “Total Monthly
Assessment” as shown on the attached Percentage of Interest Chart.  The total monthly assessment amount consists
of the general assessment for the 2020-2021 fiscal year.


All unit owners will receive 1 coupon book for the monthly assessments due on July 1, 2020 – June 30, 2021. However, to prevent any late charges, please do not withhold payment awaiting receipt of the coupon book.  

The Board of Directors will continue to focus on routine maintenance and
capital improvements needed  on the property as noted in our 2018 Level 2 Reserve
Study.

Our property is our investment.  We must protect our investment by making the necessary repairs, replacements, and improvements to preserve and enhance its value.  We value your feedback and invite you to the next regularly scheduled Board Meeting.  Please visit the online calendar for the dates.  

Don't forget to visit our website for the property www.FairfaxVillagevi.com to get updates and to explore the many options that are available to manage your account.  

As always, the Board looks forward to maintaining a high quality of living in our
community.




Respectfully,

Cortez Johnson
President
Fairfax Village Condominium VI
Association, Inc.