Here is a sample template you can use to write a HOA end of financial year cover letter to members of your homeowners association.
As the calendar year comes to an end, it’s important for Homeowners Associations (HOAs) to take a moment to reflect on the past year and plan for the next.
One way to do this is to write a HOA End of Financial Year Cover Letter. This letter provides an opportunity to communicate with homeowners about the successes and challenges of the past year, as well as the goals and priorities for the coming year.
When writing a HOA End of Financial Year Cover Letter, there are a few key guidelines to keep in mind.
First, be sure to keep the letter concise and to the point.
Second, avoid using jargon or technical terms that might not be familiar to all homeowners.
And third, make sure to proofread the letter carefully before sending it out.
By following these simple guidelines, you can ensure that your HOA End of Financial Year Cover Letter is clear, concise, and informative.
From,
[Name of HOA] Homeowners Association
Address
State, ZIP Code
To,
[Name]
Address
State, ZIP Code
Dear [Name of HOA Member],
The end of the financial year is nearly upon us, and we wanted to take this opportunity to update you on the state of your HOA.
We are happy to report that we have ended the year in a strong financial position, thanks in large part to the support of our homeowners.
We are proud to have been able to maintain a high level of service despite the challenges posed by the pandemic, and we want to thank you for your patience and understanding.
Looking ahead, we are confident that we will be able to continue providing the same high level of service that you have come to expect from your HOA.
We will be working hard to ensure that your community remains a safe and welcoming place to call home.
We are pleased to report that the Association is in a strong financial position, thanks to the efforts of our board and our volunteers.
We have also been working hard to improve communication with our members, and we are confident that we are moving in the right direction.
We would like to take this opportunity to remind you of our upcoming AGM, which will be held on XX date. We hope that you will be able to join us and participate in the discussion about the future of the Association.
Thank you for your continued support, and we wish you all the best for the coming year.
Yours sincerely,
Your HOA Board
This is the time of year when many homeowners associations (HOAs) begin to think about their end-of-financial-year (EOFY) cover letter.
This letter is an important part of your HOA’s communication with its members, and it should be clear, concise, and informative.
Here are a few tips to keep in mind as you write your EOFY cover letter:
1. Start by introducing the purpose of the letter. Why are you writing? What information do you want to communicate? Be sure to answer these questions in the opening paragraph.
2. Next, provide an overview of the past year’s financials. What were your biggest accomplishments? How did you manage expenses? This is the time to share the good news and offer a glimpse into your HOA’s financial health.
3. Finally, wrap up with a look ahead to the new fiscal year. What are your plans for the future? What challenges do you anticipate? This is your opportunity to set the tone for the coming year and get members excited about what’s to come.
End your letter on a positive note, thanking members for their support and letting them know how much you appreciate their involvement in the community.
With these tips in mind, you’re ready to start writing your EOFY cover letter. Be sure to tailor your letter to the specific needs of your HOA and keep it informative, concise, and engaging.
Popular HOA Letters
Cease and Desist Letter HOA
FL HOA Sample Fine Letter
HOA Donation Thank You Letter
HOA Board President Resignation Letter
HOA Cease and Desist Letter to a HOA President
Complaint to HOA About Parking Letter
Financial Hardship Letter to HOA
HOA Letter Template
Complaint Letter to HOA About a Neighbor
HOA Construction Letter
