Landscape Maintenance District (LMD)

This is for Lower Stonecrest Only.
Upper Stonecrest HOA information

A LMD provides the maintenance of the slopes and landscaping in Lower Stonecrest. Residents of Lower Stonecrest pay an annual fee for this maintenance. This fee is collected on your tax bill.

• The current annual fee cap is $700. The LMD can raise the fee any time to the maximum $700 but cannot go above it.
  
  
• As with all LMDs, the costs of providing the maintenance increases as the cost of fuel, labor, materials, etc. increases with inflation. If the fee cap cannot be raised to keep up with the rising costs of maintenance, levels of service must decrease.
  
  To keep up with rising inflation, last year residents of Lower Stonecrest voted to allow the City to increase the $700 cap consistent with inflation. Inflation has averaged about 3% per year.
  
  
• The following table shows a compounded 3% annual increase to the $700 over a ten year period:

In 10 years the LMD fee cap would increase $240, an average increase of $24 per year. When all of the increases are added over that 10 year period, the total is $1,265, an average of about $127 per year. Remember, in that same 10 years, you will have saved over $2,000 from not having to pay the utility users tax!

The following table shows that even with this increased assessment, annexation will save you money: