Governing & Operating Documents
Governing Documents
The Association is governed by the Articles of Incorporation, Declaration of Covenants, Conditions and Restrictions and Reservation of Easements, Bylaws, and Book of Resolutions. Resolutions are reviewed each year by the Board of Directors (Administrative Resolutions are reviewed during even years and Policy Resolutions are reviewed during odd years). Home Owner Associations in Virginia follow the Property Owners Association Act.
Budget and Assessments
The Newington Forest Operating Budget is updated annually at the end of the calendar year. Quarterly Assessments are due January 1, April 1, July 1, and October 1.
2024 Townhome Quarterly Assessment Rate: $275.10/quarter.
2024 Detached-home Quarterly Assessment Rate: $184.65 /quarter.
If you are interested in joining the Finance Committee, please email the Board Treasurer, Robert Cooper at [email protected]
Audit
The Association conducts an independent audit annually.
Reserve Study
The Association is required to conduct a Reserve Study every five years. This document directs the Board of Directors of the necessary funding amounts to maintain the Association's common elements.
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