Home Owners Association Funding and Unit Owner Dues
HOA dues are derived from a budget that includes general maintenance of the common areas, landscape services, snow removal, management company fees, master policy insurance coverage and reserve funding. The budget is established annually by the Board of Governors after a careful review of maintenance needs, contract costs and a calculation of future expenses for reserve items.
Long term reserve funds are held in a separate account and are released only when a project qualifies. That would not be special improvements, contract costs or routine maintenance and repairs. Reserve items can include major items such as the septic system, roofing, front and rear decks, roadways and sidewalks.
Mortgage lenders require Condo Associations to fund reserves with at least 10% of the HOA budget. Ellsworth Village has a history of exceeding that level. This has provided the resources needed when large unexpected expenses have been incurred.
Based on new budget requirements, HOA dues were set at $651 per month ($257 for the 40B affordable units) – effective January 1, 2026.
Send checks to:
Ellsworth Village Condominium
c/o Linear Property Management, LLC
PO Box 531317
Atlanta, GA 30353-1317
To set up an online payment or set up an automatic withdrawal, visit www.hoabankservices.com
(be sure to use the homeowner ID # provided by Linear, not your unit #)
