Assessments

The Gleneagle North Homeowner's Association collects two assessments and one or two service fees from each homeowner:

• Annual Assessment - $125.00/year
• Stormwater Maintenance Assessment - $25.00/year
• Trash Collection Service - $160.50/year
• Recycling Collection Service (optional) - $70.50/year
  

Invoices are sent to homeowners through mail or email in early January and July, with payments due by the end of February and August respectively. Each invoice includes one-half of the Annual Assessment, one-half of the Stormwater Maintenance Assessment, six months of Trash Collection, and six months of Recycling Collection (if enrolled for this optional service). Semi-annual billing total starting in 2026 is $155.25 without recycling or $190.50 with recycling. A late charge of $10 is applied if full payment is not received by the due date.

The following payment methods are currently supported:

1. Submit Zelle EFT to "treasurer@gnhoa.com" (preferred option, electronic payment service available through many banks, no transaction fees by GNHOA)
2. Schedule check payment to GNHOA through homeowner's bank online bill pay service (typically a free service, no check writing or postage costs involved)
3. Mail check to GNHOA, PO Box 1922, Monument, CO 80132
   

The Annual Assessment was raised from the original amount of $25 to $50 in 2003, when the Association took over ownership and maintenance of the greenbelt common areas from the Developer. The BOD approved a $25 increase of the Annual Assessment to $75 effective January 2017 to support the increased maintenance and repair costs that the HOA has been incurring and expects to continue to incur in the future. The Annual Assessment was increased to $100 in 2020 with the $25 increase restricted to use for future stormwater maintenance. Starting in 2024, the Annual Assessment was increased to $125, with $25 continuing to be restricted to future stormwater maintenance expenses.