---
title: Any limits on how a special assessment can be spent?
description: How can special HOA assessments be sent?  We want to use what was collected for a different project
image: https://www.condoassociation.com/hubfs/Smartphone%20with%20finance%20and%20market%20icons%20and%20symbols%20concept-3.jpeg
---

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# Any limits on how a special assessment can be spent?

| [Condo & HOA Assessments](https://www.condoassociation.com/blog/topic/condo-hoa-assessments) |  

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## What do you think? Question:

Question pertains to Illinois Condo NW Suburbs  
Property: 7 Buildings each have their own HOA for a total of 7 HOA's with 1 Master Board Association.  
If an HOA for one of the buildings collects a special assessment for steel and concrete work for their own building. Are they allowed to forward the moneys collected to be used for outstanding bills owed by the Master.

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## What do you think? Answers (5)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [Should Florida HOA have master insurance because of 720?](https://www.condoassociation.com/blog/should-florida-hoa-have-master-insurance-because-of-720)

### [Handling Special Assessment Funds](https://www.condoassociation.com/blog/special-assessment-funds-handling)

### [Special assessment payment plan](https://www.condoassociation.com/blog/special-assessment-payment-plan)

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