---
title: How does our HOA fairly establish annual fees and assessments?
description: How does our HOA fairly establish fees and reserve contributions for the year?
---

[Condo Q&A ](https://www.condoassociation.com/blog)

# [How does our HOA fairly establish annual fees and assessments?](https://www.condoassociation.com/blog/tabid/19257/bid/10643/How-does-our-HOA-fairly-establish-annual-fees-and-assessments.aspx)

 Written by [CondoAssociation.com](https://www.condoassociation.com/blog/author/condoassociationcom) | Thu, Oct 1, 2009 @ 03:51 AM

We are in the process of updating our HOA bylaws and establishing HOA fees and reserves. Our HOA is made up of 400 sq ft 1 bedroom oceanfronts; 200 sq ft oceanfront studios; 300 sq ft oceanview studios; 500 sq ft 2 bedroom oceanview; 300 sq ft studios without views.

We need help in figuring a "fair" assessment percentage for HOA fees and reserves. Are there any standard HOA budget formulas to use?  What's the best way to do this?

[View full post](https://www.condoassociation.com/blog/tabid/19257/bid/10643/How-does-our-HOA-fairly-establish-annual-fees-and-assessments.aspx)

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