We have had several inquiries as to the reason for the increase in HOA Dues. The Memorial Parkway Board Members are homeowners in the subdivision just like you. Their goal is to always have the best interest of the homeowner in mind. They do not want to see cost go up any more than you do, because it also affects their own household expenses.
Due to the age of the neighborhood, the HOA Dues are the lowest around and we hope to keep them that way. Your annual dues go towards many items that you may not realize. The largest expense annually is the Constables Contract. We have three constables that are contracted with Harris County to patrol the subdivision. We feel that the security for the subdivision is well worth the cost to the homeowners. We pay the electricity for the street lights on every street throughout the subdivision. We pay for electricity to the tennis courts, pools, clubhouse, marquee lights of Memorial Parkway. We pay for mowing, water and landscaping of Highland Knolls and Westgreen Esplanades, the Center Point Energy Easement and all the common areas. We have two pools in the subdivision that are maintained by the HOA. We have a pool management cost that include lifeguards, chemicals and cleaning. We have 6 tennis courts, a basketball court and a playground. We are required to keep insurance on all the facilities which is over $30,000 annually. We have a small office that manages the HOA affairs and business which is an annual cost. We have several community events throughout the year that are paid for with your annual dues. We pay to fog the subdivision for mosquitos. We recently paid to have all the curb numbers repainted at a cost of $17,000 to the HOA. Every year we spend a percentage of the dues on capital improvements. These will vary each year depending on what facility projects are scheduled to be maintained. For example, in the 2016-2017 Budget we plan to replaster Highland Knolls Pool at a cost of $26,000.00.
