Hillcrest Village P.O.A., Inc. c/o Villages Services 2541 N. Reston Terrace Hernando, FL 34442

October 13, 2016

Dear Hillcrest Village Property Owner,

On October 12, 2016, the Hillcrest Village Board of Directors approved the 2017 Hillcrest budget. Effective January 1 st , 2017, the monthly dues for homeowners will be $143.00. For owners of undeveloped lots, the monthly dues will be $96.50. The breakdown of the dues is as below.

Item Home Owner Lot Owner MCA - Limited Dues $42.30 $42.30 MCA - Common Dues $20.97 $20.97 MCA - Village Security Service $ 1.86 $ 1.86 MCA - Village Cable Service $35.20 N/A HVPOA - Operating Expenses $13.91 $13.91 HVPOA - Reserves $17.44 $17.44 HVPOA - Trash Collection $11.32 N/A HVPOA – Lot Owner Adjustment .02 Monthly Total $143.00 $96.50

Please make your checks payable to Hillcrest Village POA, Inc. You may either drop off your payment at Village Services or mail it. The mailing address is:

Hillcrest Village P.O.A. Inc. c/o Village Services 2541 N. Reston Terrace Hernando, FL 34442

Payments are due and payable in advance on the first day of each month. In order to keep our expenses down, HVPOA does not mail out invoices, so please try to remember to make your payments in a timely manner.

Details of the 2017 Hillcrest budget are available on request. .

Very truly yours,

HVPOA Board of Directors

Record of dues payments: Month Date Paid Amount Check Nbr. Month Date Paid Amount Check Nbr. Jan. ______Jul. ______Feb. ______Aug. ______Mar. ______Sep. ______Apr. ______Oct. ______May ______Nov. ______Jun. ______Dec. ______

On the back is a description of each major component that makes up your dues amounts. MCA Limited Dues  This fee is a pass through from MCA. It covers the cost of maintaining the limited property which includes the clubhouse, swimming pools, tennis courts, MacVicar Blvd & MacVicar Park.

MCA Common Dues  This fee is a pass through from MCA. It covers the cost of maintaining the common property which includes the office, Meadowcrest Park, and Meeting Tree and Meadowcrest Boulevards.  The increase is attributable to landscape and roads maintenance and reserves.

MCA Village Security  This fee is a pass through from MCA. It covers the cost of our sheriff’s patrols

MCA Village Cable  This fee is a pass through from MCA. It covers the cost our bulk cable contract

HVPOA Operating Expense  This pays for the operation of our village. It covers the costs of postage, office supplies, insurance, attorney fees, landscape maintenance and social activities. 

HVPOA Road Reserves  This is money set aside for future paving of our roads and replacement of our landscaping.

HVPOA Trash Pickup  This covers the cost of our Waste Management contract and includes a 2.1% Regulatory Cost Recovery Fee.

We believe you will find the above information and the table of budget items below useful. If you have any questions, feel free to contact one of your Hillcrest Board Members. 2017 2016 2017 2016 ITEM HOME OWNER HOME OWNER LOT OWNER LOT OWNER Meadowcrest Limited $42.30 $42.97 $42.30 $42.97 Meadowcrest Common $20.97 $20.47 $20.97 $20.47 Meadowcrest Security $1.86 $1.75 $1.86 $1.75 Brighthouse Cable TV $35.20 $31.85 Hillcrest Expenses $13.91 $13.51 $13.91 $13.51 Hillcrest Reserves $17.44 $15.45 $17.44 $15.45 Hillcrest Trash Pickup $11.32 $12.00 Lot Owner Adjustment $0.00 .02 -$0.0 Monthly Totals $143.00 $138.00 $96.50 $94.15