Cullasaja HOA Annual Meeting Presentation

The long-term capital requirements to maintain and replace the infrastructure of Cullasaja HOA has been determined using a third-party firm who visits the community to conduct a capital reserve & replacement study (most recently in 2022).

HOA Assets (major categories)

Current Estimated Replacement Cost

Prior (2022) Estimated Replacement Cost

Roadways $2,250,000 $1,310,000 Water & Fire Suppression System $1,190,000 $1,015,000 Wastewater System $1,300,000 $1,140,000 Bridges/Culverts/Retaining Walls $2,870,000 $2,040,000 Overlook Deck/Buildings/Fixtures $1,350,000 $515,000 Vehicles/Equipment/Misc. $1,150,000 $1,240,000 TOTAL $10,110,000 $7,260,000

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