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| Four Seasons Hemet Herald | AUGUST 2026 | 3 General Manager's Message Board Meeting Dates: Executive Session Meeting is scheduled for Aug. 24, at 11:30 am and Aug. 26, at 9 am. The Open Session Meeting is scheduled for Aug. 26, at 1 pm. Turf Removal Project: We have started the Turf Removal Project with information being sent out via e-blast and updates as well as maps. Please review them and also ask the Association office for information if you have questions. We plan to finish the project between the end of September to mid-October this year. It is a large construction project and we are looking forward to the completion and the California Meadow look that the community voted on. Sta Updates: Robbi Gaballo has been with us officially for one year. We are so lucky to have Robbi as a Lodge Attendant. She greets everyone with a smile and is always happy to assist. I have heard nothing but praise from members about Robbi and her demeanor and work ethic. Anahi Salazar has served this community for two years now. She has been an invaluable asset to our community. She is customer service driven with a heart to serve our community. She tries to provide as much help for residents as possible and is always seeking to learn new things and help wherever she can. Maria Donti has worked with our community for 10 years this month. She is a very important member of our support staff. She assists with Architectural (ARC) and Enforcement in our community. She also is the staff representative for the Landscape Committee and has played an important role in keeping our community beautiful. Tracie Long has been with us for 11 years. She is one of our longest- term employees and has really impacted a lot of residents. There are many residents that Tracie knows personally and interacts with often. She is one of the main enforcers of our pool rules which we appreciate during our summer months. Wishing everyone a great August! By Jon Payne, CMCA Treasurer's Report… Reserves As you know, previous Four Seasons Boards of Directors, administrators, and homeowners have helped make sure the association's budget are well-managed. With about five million dollars in assets, we are in good financial health. About 86 percent of these assets are in reserves. So, how did we get in this position? Your HOA dues are divided into two funds: operating and reserve. Operating funds cover the HOA's day-to-day expenses, such as utilities, common-area costs, administration, routine maintenance, and landscaping. Reserve funds are different. They are used for larger, less frequent capital expenses that are expected as community assets age. These projects do not occur every year, but they are predictable over time and may include roof replacement, street or asphalt resurfacing, painting, pool equipment, gates, walls, fencing, landscaping infrastructure, and other major components the association supports. Reserve funds are not a savings account; they are intended to be spent to maintain our common areas. Each component in the common area has an initial value and a limited life when it needs to be renovated or replaced. Monies are set aside each month for its maintenance. For example, if a roof on a lodge building initially costs $200,000 that is to last 20 years. It would make sense to save $10,000 each year so that when the age is reached, there is money set aside to replace the roof if it needs to be replaced. The goal is to have enough money available when major projects become due, while spreading costs fairly among current and future owners. A well-designed reserve plan helps avoid sudden special assessments. Reserves matter because there are limited options when repairs become necessary and run the risk of special assessments to pay for the repair. A reserve plan allows the Board to schedule work before small problems become expensive emergencies. We all know that well maintained common areas support curb appeal, marketability, and confidence among buyers and sellers. As we approach the 25th anniversary, our common area continues to age, and we are continuing to consider renovation and replacement. All the while we need to be aware of the rising costs of operation. For simplicity, these are major component groups, i.e. Recreational includes other components such as tness equipment, courts, pool. Treasurer's Report

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