Assessments

Summit Management Coupon Books Delayed

Summit Management has experienced delays in the production and mailing of the 2021 homeowner assessment coupon books. The coupons are expected to be in the mail by January 8th and received shortly after. The new assessment amounts are below:

2021 Monthly Assessments:
Public Street Homes – $88.97
Private Street Homes – $100.09
Condos – $66.09

When making payments to Summit Management, please use the following information:
Management ID: 6657
Association ID: ASH
Property ID: House number + first three letters of street (i.e., 21400WIN).

If mailing your payment, please send your check or money order to: Ashburn Farm Association
C/O Summit Management, Processing Center
P.O. Box 95366
Las Vegas, NV 89193-5366

Please contact Summit Management if you have any questions concerning your account or payment options:
Summit Management Services, Inc.
www.summitmanage.com
Phone: 301-495-0146
accounting@summitmanage.com

Assessments – How the Money Is Spent

Assessments are paid by every member of the Association and are divided into two categories:  General Assessments and Neighborhood Assessments.

All Ashburn Farm homeowners pay a General Assessment for: maintenance, contributions to the capital reserves, general administration, utilities, taxes, insurance, common areas (including amenities such as tot lots, athletic fields, etc.), pool memberships, and community/committee programs.

The Neighborhood assessment for single family homes pays for trash and recycling collection. In private street neighborhoods, it pays for trash and recycling collection, street light electricity and maintenance, snow removal, and the maintenance of townhome parking areas, sidewalks, and mailbox porticos.

Condominiums have a separate association that is responsible for their maintenance and upkeep of the open space, building exteriors, utilities, pool, etc.; however, they also pay the General Assessment to Ashburn Farm Association.  (For more information, see Budget and Finance.

Once the Association’s annual budget is approved by the Board of Trustees, the information is provided to the Association’s accounting service provider to prepare the Association’s assessment billing for the upcoming year. Assessment payments are due on the first of each month; however, the Association continues to accept pre-payments. At the end of each fiscal year, every owner will receive a coupon booklet from the Association’s accounting service provider. Coupons must accompany payments made by check. Online payments are also accepted, using ACH or your bank’s bill pay service. Payments received after the 30th of the month will incur a $25.00 late charge and a $5.00 administrative fee.