Board Meeting minutes

Carriage Run HOA Annual Homeowners Meeting

February 26, 2024

Benevenue Baptist Church

6 p.m.

The Annual Homeowners meeting for the Carriage Run HOA was called to order by President

Ricky Bigley. All of the board officers were present.

A quorum was established with 13 homes represented. The Board noted that we have a new

accountant, Keith Beck, due to the retirement of our long-standing accounting firm, Reliable

Accounting. Annual dues for 2024 are to be mailed directly to Mr. Beck’s office. Going forward,

for cost-savings, the Carriage Run website (www.carriagerunhoanc.com) will be the primary

communications vehicle with the HOA and includes an email link for homeowners.

A financial report for 2023 was given by Treasurer Natoyia Allen. The bank balance as of Feb.

21, 2024, was $15,192.12. The estimated HOA budget for 2024 was $10,955. As of Feb. 21 st , 55

homeowners had paid annual dues. We have 97 homes in the subdivision. As of this year, we

have placed liens on six homes for nonpayment of dues, and have four homes that are

delinquent for 2023 dues.

It was noted that are current annual dues assessment ($90 per homeowner) is inadequate to

cover the HOA’s current and future annual expenses, which are increasing due to higher costs

for services. The largest expense projected for 2024 will be landscaping services.

The budget for 2024 was approved by those in attendance by majority show of hands.

Two items were brought up by homeowners in attendance: 1) request that the approved

minutes of the annual meeting be posted on the HOA website, and 2) concern about speeding

cars in the subdivision.

Nominations were received from the floor for the 2024 Board of Directors. After voting, the

following officers were chosen: President, Veronica Jennings; Vice President, Diana Richard;

Treasurer, Takyla Hill; Secretary, Latonya Eley; and Chair, Architectural Review Committee,

Ricky Bigley.

The meeting was adjourned.