The subdivision has annual assessments for each residence, as listed in the Indenture document. The annual assessment for 2026 will be $452.41 per residence with a 4.5% increase from 2025. The 2025 assessment was set at $432.93 per residence. This is due to rising costs of living, trash service, and common ground maintenance, and tree removal. The 2026 budget is looking good at this point we will be in the positive adding some back into the reserves from what is used in 2025 for tree removal services. The proposed budget for 2026 is on the home page and will be shared at the meeting Aug 4th 6:00pm, email, and on social media.
Some of the items that the assessments pay for:
City and Village handles the regular collection of all assessments and distribution of payments for subdivision expenses. They will be sending invoices for the assessment, most likely around 9/2/25. The 2025 assessment fee will be due by 10/10/25. Assessments received after this date will be considered delinquent. Please remember that trash/recycling services may be suspended and/or liens placed on properties for unpaid assessments. City and Village is reachable at 314-739-4800 for any account related issues with your individual residence. There is an online payment option that can be used. Contact City and Village for more info.
Southridge Pines Budget 2026 (pdf)
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