---
title: Small condo association owners each assessed $5K.
description: I own a condo in a small (8 units) HOA in CA. Our roof is 30 years old and needs to be replaced. There is not enough money in our general operating budget to pay for it. The Board has announced that each homeowner will be assessed $5000
---

[Skip to content](https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k#main-content)

# Small condo association owners each assessed $5K.

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

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

## What do you think? Question:

I own a condo in a small (8 units) HOA in California.  Our roof is 30 years old and needs to be replaced. There is not enough money in our general operating budget to pay for it. The Board has announced that each homeowner will be assessed $5,000 to cover their share of the total cost. This will create a hardship for some of the owners. When asked if the replacement could be paid, at least in part, from reserve monies, we were told no. Isn't this a legitimate use of reserve funds?

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k>

## What do you think? Answers (35)

#### 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

### [Association board meets in private and does not furnish financial reports](https://www.condoassociation.com/blog/association-board-meets-in-private-and-does-not-furnish-financial-reports)

### [Should our association require proof of insurance ?](https://www.condoassociation.com/blog/should-our-association-require-proof-of-insurance-)

### [New York City: Who can help us with condo association budget and reserves?](https://www.condoassociation.com/blog/tabid/19257/bid/14487/Who-should-help-us-with-our-condo-association-budget-and-reserves.aspx)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "dateModified" : "2024-10-01",
  "datePublished" : "2024-10-01",
  "headline" : "Small condo association owners each assessed $5K.",
  "image" : [ "" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.condoassociation.com/blog/small-condo-association-owners-each-assessed-5k",
    "@type" : "WebPage"
  }
}
```