Stephen Leighton--Vice President
Maureen Dore----Property Manager
CONTACT THE BOARD BY E-mail (click on blue)
CONTACT our Property Manager at: email@example.com
Lexington Lakes office: 772.781.4102
Lexington Lakes FAX: 772.781.3975
The President’s Report—October 16, 2013
Lexington Lakes is a small beautiful gated community of 264 predominately owner occupied units in Stuart, Fl. Our monthly maintenance fees has remained fixed over our seven year existance at only $300. These fees pay for : our water, garbage disposal, cable TV, landscaping, insurance, reserves, and security. The Board has never seen the need to impose a special assessment on ownership.
Under the current Board's fiscal responsible leadership our expenses have been kept below our operating budget for the past six years. We have only four delinquent accounts at our attorney for legal action. Our total assets are $ 1,435,157 ; about $810,153 of which is being held in our Reserves accounts.
September 2013 - Financial Report: ---The Report shows that our assessment income plus revenues exceeded expenses by $35,461. This surplus will be used to repair broken fences and to upgrade our landscaping We have satisfactorily met the requirements of an independent financial audit for the year 2012; this report as well as the August financial report is available on the "owner's only"page that can be accessed from this website.
Jerry J Lavish