FAQ: 2026 Budget & Proxy Vote

Why did fees go up for 2026?

Our building is over 50 years old, triggering state-mandated upgrades for critical (aka SIRS) items.

What critical items will be upgraded?

  • 2026 - Electrical
  • 2028 - Elevator
  • 2030 - Plumbing

We expect to be able to lower fees after 2030.

Can we waive funding of non-critical (non-SIRS) items?

Yes, but as the non-SIRS fund is depleted a special assessment will be needed each time we need to replace or repair items like A/C, carpet, washer/dryer, etc.

What is the board recommendation for the Proxy vote?

The board recommends voting No on waiving funding. No means we'll continue funding non-SIRS items.