2025 Shortfall (loss) to Reserves Budget is: ($533,595)
*$47,000 Spent on Adding Plants to the Boulevard
2026 Board Approved on April 16, 2026
*$392,152 Seal Coat Project
*$10,500 Seeding Park
2026 Board Approved on May 21, 2026
*Another $150,000 for Erosion Mitigation
*$4,532 Additional Expenses for Bollards
*$42 in 24, $47 in 25, and $48.50 in 26 Per Hour Rate of Landscapers not approved in Open Meeting Sessions Until May 21, 2026
That's OVER $1.1 MILLION - WAKE UP
This is not an official site of the HOA - But the home of the 2022 Board of Directors
Question: Can you afford a $1,000 bill?
Our board of three years is doing that as you're reading this website. Wake up because the bills are starting to print. (Yes, we are talking about a special assessment.)
Results We Are Proud of... Financial Performance, Transparency, Long-Term Planning.
As can be seen... There's more to running a community than landscaping.
Being good stewards of our CC&Rs, bylaws, financial wellness, and other land management issues. Not selective enforcement... And certainly not just landscaping.
These are only a few points for you to reflect on:
Contracts with landscapers were not approved until May 21, 2026
2024 - at $42 per hour with no scope of work
January 2025 - at $45 per hour with no scope of work
January 2026 - $47.50 per hour with no scope of work
2. Another $150,000 for Erosion Mitigation
3. $4,532 Additional Expenses for Bollards
Major Open Meeting Statute Violation for 2025
Total Operating Expenses: $574,689.56
Total Spending approved during open HOA meetings: $175,154.74
Minimum Expenses Not Approved in open HOA meetings: ($399,535.80)
2025 Shortfall to Reserves Budget is:
($533,595) likely worse (estimated only due to not having an actual interest earned on investments for 2025).
Reserve funds decreased by $320,795. Forecasted interest income $85.000. Budgeted reserve contribution $127,800. Adding all three gives us a total shortfall of $533,595. However, the landscaping is great!
This translates to a $557 shortfall per home. A special assessment is coming.
Lower yielding Mutual Funds are being used instead of CDs.
$192,514.94 over the landscaping budget in 2024. However, erosion hasn't changed.
The highest cost to ECR - Landscaping contract with Ramos Landscaping was NOT VOTED on in an open meeting in 2024 nor in 2025. Furthermore, the Scope of Work Statements lack credible detail. Contains NO PLAN for $42/hour/person.
Spotty Financial Reporting Since August 31, 2025. December 2025 Financials were published on March 16, 2026.
$130,000 was transferred from reserve funds to operating. With no use of funds described.
$150,000 is owed to the reserve funds.
General ledger account 1403 shows $416,880 in Construction Defect Funds. This should be no more than $110K.
Spent $20K on new monuments after spending nearly another $20K for the existing monument.
Spent $27K for sidewalk grinding.
Spent $28K on welding and painting of railings.
Please take a look at the rest of this website for details on why Michael and Peter are concerned with the health of our HOA. 2025 Board Results
This board is out of control and needs to be removed.
This is a private website... Not the official site of the Eagle Crest Ranch HOA