28 November 2012
The Lake Monticello Owners’ Association (LMOA) has announced that the proposed budget for fiscal year 2013 will be adopted on Dec. 6.
The total expected revenue for 2013 is $5.7 million from dues, fees and amenity use fees. Expected non-capital expenditures are anticipated at $5.5 million. More than $1 million is budgeted for three key funds (roads, lake and general) that will be used for capital improvements to property and buildings, according to a press release from the LMOA.