How much is the annual homeowners association assessment (aka 'HOA Dues')?
The current annual assessment is $200.
Is the annual assessment based on a calendar year?
No. The annual assessment is based on the HOA's fiscal year, funding operations for the 12 months beginning on May 1 and ending on April 30.
When is the annual assessment due?
The annual assessment is due on April 1st each year. A late fee of $2.50 per month will be assessed for accounts not paid by April 30.
How are the annual assessments spent?
Annual assessments fund HOA operational costs like lawn care and landscaping for common areas, pond maintenance, utilities, general repairs and administrative costs (PO box, postage, signage, etc.). They are also used for neighborhood projects approved by the board of directors.
Where do I send payments?
Payments can be mailed to:
Stone Wood Crossing HOA, PO Box 3122, Broken Arrow, OK 74013-3122
Please reference the street address of the lot you are paying.
Note: Homeowners who have setup an account on our online neighborhood management system can pay online with a credit card or via e-check.