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2023 Annual Association Assessment Print
Click for more info on 2023 assessmentsPursuant to the Association’s governing documents to increase the assessment annually by the rate of annual CPI increase, property owners are hereby notified that the annual assessment for 2023 will be increased to $760.00 per lot.

The Board diligently worked to create a budget that would not only continue to fund ongoing capital repair projects, but also replenish the reserve funds, which is instrumental to the continued fiscal operation and maintenance of the Association. It is prudent for the reserves to equal at least one year’s total of assessment income pursuant to recommendations made by professionals in the industry and we are currently far from meeting said goal. In addition, with costs and services steadily increasing over the past few years, the Board has no choice but to continue improving and protecting the financial stability of the Association by making the tough decision to raise the dues amount to also meet the additional costs.

The Board of Directors would like to again offer each owner the opportunity to divide the annual assessment into four (4) payments of $190.00 for those who might have a hardship from paying the fee in one lump sum and has extended the due date to accommodate this effort.

Property owners will find four (4) coupons enclosed in their mailed assessment notification, for use in mailing these payments to the processing center. Partial payment suggested due dates are as follows: December 15, 2022, January 15, 2023, February 15, 2023 and March 15, 2023.

Please note that the 2023 assessment must be paid in full and received by April 1, 2023 to avoid late or legal fees.

Property owners do not have to take advantage of the partial payment option and can certainly pay in full in one lump sum by the due date. Again, late fees will not be applied until April 1, 2023 on any past due assessment amount so we urge all to take advantage of the additional grace period and partial payment options.

Also note that if a property owner is currently being pursued for outstanding prior year’s fees, any payments made will be credited to outstanding balances or may not be accepted based on the account status. Property owners who are currently delinquent are requested to contact management to discuss their account.

The 2023 approved budget was enclosed in the mailed statement to homeowners and will also be posted on the website and homeowner portal for future reference.

Property owners in a financial position preventing them from paying the assessment in full by April 1, 2023, please send a written request for a payment plan extension either by mail, fax or email to the management company prior to the late date to avoid additional fees. For property owners who are currently delinquent, the balance reflected on the mailed statement may not include all pending late or legal fees. Please contact management for the most up to date balance.

PAYMENTS BY MAIL:

  • Please mail the provided coupon with your payment(s).
  • Make checks payable to PFMA, NOT High Sierra Management.
  • Late payment information can be found on the mailed Collection Policy Summary and on the homeowner portal/HOA website.
  • Mail payments ONLY to the address on the payment coupon.

PERSONAL ONLINE BANKING BILL PAY SERVICES:

  • Mail payments ONLY to the address on the payment coupon.
  • Verify the payment amount.
  • Make payments payable to PFMA, NOT High Sierra Management.
  • Allow up to 7-10 business days for processing if you choose to use this payment method.
  • Include the account number on your payment.

ASSOCIATION ONLINE/AUTO PAYMENT OPTIONS:

To make an online payment – from this website:
  • Click the “Pay Assessment OnlineButton -or- the Side Menu Option.
  • You may also access the 'Pay Assessments’ menu option directly from www.highsierramanagement.com.
  • Automatic draft payments may be set up through the payment website at no charge to owners.
  • Credit Card payment options are also available on the payment website but will be charged a convenience fee assessed by the bank. E-check payments are free!

OTHER IMPORTANT INFORMATION:

  • Other information and services (i.e. legal documents, annual budget, calendars (Board of Director Meetings), Account History, etc.) are available on the HOA website and management homeowner portal as well.
  • Haven’t signed up for the management homeowner portal yet? Send an email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it requesting registration and we will help you get signed up!
  • Do you need to change your mailing address? Send your request by email to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or send a written request to High Sierra Management, P.O. Box 940267, Houston, Texas 77094.

If you have any questions, feel free to contact your Association Manager, Sherri Carey at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or at 281-391-7914.

Thank you,
Prestonwood Forest Maintenance Association, Inc.

 

 
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