Joe Refsnes's blog
Current Thoughts on PDB HOA
Submitted by Joe Refsnes on Thu, 2006-03-16 19:47.The PDB electrical billing process of reading the meters was an easy task. Both Leo and Pablo made the rounds together for water and electricity on February 1st and March 2nd. Getting the meters read on a timely basis provides for consistent usage and payments. The actual bills from CFE (four in total) are divided into sub meters for individual homes. The total amount used is then divided by the dollar amount to arrive at a factor that is used to figure out the individual homes' usage.
So if the factor is too great (which has happened even though in theory it's not supposed to), the amount collected is not enough to cover the electric payment. Hence the HOA dues cover these extraordinary expenses, which are paid from the general fund.
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