2026–2027 Budget Explorer

This budget category covers legal and professional services needed to manage the Association, protect its interests, and fulfill its responsibilities to homeowners. Typical expenses include attorney fees associated with collecting delinquent HOA dues, preparing and serving legal notices, pursuing unpaid assessments, obtaining legal consultations, and reviewing governing documents, contracts, and other Association matters. (Recovered assessments are association income or receivable collections). This category also includes the planned professional reserve study, which will evaluate the condition and expected replacement costs of major HOA-maintained assets and help the Board plan for future maintenance and replacement expenses.

Various legal and professional service providers — TBD.

Expenses will vary depending on the Association's legal and administrative needs. The reserve study is a planned one-time expense intended to support long-term financial planning.

Association management services.

Byers & Harvey

2026 management fee and 2027 management fee may reflect different providers/contracts.

Annual tax preparation or filing costs.

TBD

2026 audit/review/tax return account mapped here.

General administrative expenses.

TBD

2026 allocation; we changed this to include legal and reserve study.

Routine repairs to Association-maintained property.

TBD

Separate clubhouse coding was discussed.

Repairs and maintenance to the clubhouse.

TBD

2026 separate account; potentially included in 2027 General Repairs. Avoid treating as confirmed savings.

Janitorial cleaning of clubhouse and facilities.

TBD

Verify frequency and vendor.

Common-area cleaning or beautification work.

TBD

Confirm exact scope to avoid overlap with landscaping.

Playground repairs and upkeep.

TBD

No additional notes recorded.

Security camera monitoring or service contract.

TBD

No additional notes recorded.

This budget category provides funding for the designated HOA committee to maintain, improve, and beautify the neighborhood entrance and bell tower area, helping preserve an attractive and welcoming appearance for residents and visitors. Typical expenses may include painting and touch-ups, seasonal banners and decorations, flowers, shrubs, mulch, landscaping materials, and other minor aesthetic improvements.

TBD

These funds are intended to support committee-led entrance beautification projects, subject to Board oversight and approval of proposed improvements as appropriate.

Pool service and maintenance contractor.

TBD

Verify scope and any proposed vendor changes.

Pool consumables and supplies.

TBD

No additional notes recorded.

Pool licensing expense.

TBD

No additional notes recorded.

Repair or replacement of pool chairs, tables and furnishings.

TBD

Further increase under discussion; not yet entered.

Fitness room supplies and minor equipment costs.

TBD

2026 separate line; moved into overall clubhouse improvements for 2027.

Routine mowing and grounds care of HOA-maintained common areas.

LSI (verify contracted dates and terms)

Management described a proposed three-year price lock; obtain signed contract.

Plantings and landscape improvements.

TBD

2026 landscaping line; 2027 treatment requires reconciliation.

Irrigation repairs and maintenance, potentially Zones 1 and 4.

TBD

Water costs may increase if systems are reactivated.

Termite bond or pest control services. New vendor will likely be selected in 2027.

TBD

No additional notes recorded.

Electric service for HOA facilities and common areas.

Utility provider

No additional notes recorded.

Water service for HOA facilities and common areas.

Utility provider

No additional notes recorded.

Phone, internet or telecommunications service. Provides internet connection to the clubhouse, pool phone and ability to monitor security systems and cameras.

AT&T (verify contracted terms for renewal dates)

Account scope changed; do not assume direct like-for-like comparison.

Neighborhood trash collection contract.

GFL (verify contracted amount and dates)

Verify number of serviced homes and current per-container rate.

Association insurance premiums.

TBD

No additional notes recorded.

Workers compensation coverage.

TBD

2026 separate line; verify whether included in 2027 insurance.

Taxes or fees other than tax-return preparation.

TBD

Verify this is not duplicative of tax preparation.

This budget category provides funding for community events and activities that bring Hickory Wild residents together, encourage neighborly connections, and promote community involvement. Typical expenses may include seasonal celebrations such as Fall Fest, holiday gatherings, family-friendly activities, refreshments and food for public HOA Board meetings, and other community social events. Funds may be used for food and beverages, decorations, event supplies, entertainment, equipment rentals, and other reasonable expenses associated with organizing and hosting these activities.

TBD

These funds are intended to support activities coordinated by the Social Committee or Board, subject to the approved budget and applicable Board oversight and spending authorization procedures.

Funding for future replacement and repair of Association-maintained assets. This represents 10% of income from resident monthly dues.

Internal transfer

Transfer, not a vendor payment; reserve study planned for January 2027.

Five Board accounts, official email, records, calendars and basic website to maintain official documentation and communications as required by law. Includes HOA managed website for updates, calendars, and FAQs.

Google Workspace (proposed)

Proposed allowance; not yet adopted.

Fencing, trees and/or landscaping to improve privacy around the pool.

TBD

Estimate and plan pending; Board approval required.

Assessment and removal of dead or hazardous HOA-responsibility trees.

TBD

Ownership and risk should be documented before work.

Clubhouse furnishings, gym equipment, kitchen upgrades. Approved by the board, and managed by the Clubhouse committee who will recommend purchases for board approval.

TBD

Committee to propose specific projects for Board approval.

Possible sidewalk repairs, curb ramps, and gaps.

TBD

No allocation yet; responsibility and estimates pending.