Community Update from the 2024/2025
Villas of Wake Forest COA Board of Directors…
 

Below and attached you will find the response to our inquiry with the Town of Wake Forest regarding storm water billing. Nick Nolte informed us that these individual invoices are to be paid regardless of the drainage system in place in our community. The only reason to appeal would be if the measurement of the impervious surface is incorrect.

 
Shelley Welch ...

Many of us have received an invoice regarding the Storm Water Utility run by the Town of Wake Forest.
 
The Board is checking into this charge with the Town of Wake Forest given that we pay to maintain and, if necessary, repair the level spreaders that manage some of storm water run-off from the Villas. ...

Wake Forest property owners will begin paying a new Stormwater Utility Fee this summer (2024). Effective July 1 (2024), the new fee will be billed annually to all Wake and Franklin County property owners within the Wake Forest corporate limits in conjunction with their respective county tax bills. Exempt properties will be billed annually by the Town.
 
Wake Forest property owners can learn the amount…

To:  Villas of Wake Forest Unit Owners

From:  Dan Becker, Treasurer

Subject:  Treasurer Report for November 2024

 

Please note:  There are very few differences in the “Financial Highlight Report” this month compared to last month.  …..

 

Attached is Select this link to view the Financial Highlight Report for November 2024 (resident sign-in required). The purpose of this report is to provide the Board with key high level performance indicators to assess the financial condition of the Villas and to take corrective action if necessary.  The Board is committed to a monthly review of the financial results and to do its best to ensure adherence to the budget. …