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Annual Maintenance Fees Print E-mail
For the record

Pursuant to the Association’s governing documents to increase the assessment annually by the rate of annual CPI increase, you are hereby notified that the annual assessment for 2020 will be increased to $660.00 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.

The Board of Directors would like to again offer each owner the opportunity to divide the annual assessment into four (4) payments of $162.00 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. You will find four (4) coupons enclosed for your use in mailing your payments to the processing center. Partial payment suggested due dates are as follows: December 15, 2018, January 15, 2019, February 15, 2019 and March 15, 2019. Please note that your 2019 assessment must be paid in full and received by March 31, 2019 to avoid late or legal fees.

You 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. Also note that if you are 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. If you are currently delinquent, please contact management to discuss your account. The 2020 approved budget will be posted on the website. If you are in a financial position preventing you from paying the assessment in full by March 31, 2020, 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. If your account is currently delinquent, the balance reflected on the enclosed 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 your coupon and on the NEW homeowner portal (Collection Policy).
  • 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, log on to www.highsierramanagement.com and select the “Pay Assessments” option or you will find the online payment option through the NEW homeowner portal, for which additional information is included.
    • 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.

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 NEW homeowner portal as well. Follow the instructions on the introduction letter and registration information included to access your homeowner account.
  • 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.

Sincerely,
Prestonwood Forest Maintenance Association, Inc.
 

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