Community News

By Scott Wingfield

Over the past several weeks, your community management teams, finance committees, and boards have been working on 2027 operating budgets. This annual process involves reviewing projected revenues and expenses, evaluating anticipated community needs, balancing service expectations and responsible reserve fund planning. While some boards are still finalizing their proposed budgets and completing the required review process, we want to provide residents with a brief preview of what is currently anticipated for the year ahead.

Summerlin North: The North is projecting 2027 revenues and expenses of $17,277,087. This would be accomplished by increasing the monthly assessment rate to $80 per unit starting January 1, 2027.

Summerlin South: The South is projecting 2027 revenues and expenses of $13,884,655. This would be accomplished by increasing the monthly assessment rate to $79 per unit starting January 1, 2027.

Summerlin West: The West is projecting 2027 revenues and expenses of $15,658,532. This would be accomplished by increasing the monthly assessment rate to $78 per unit starting January 1, 2027.

Summerlin Council: The Council anticipates spending $25,539,813 next year for community park and recreation operations. To accomplish this, the Council’s projected monthly share of your master association assessment will increase $3 to $40 per unit. It is important to note that the $40 per month allocation is included in your respective monthly master association assessments.

As a reminder, Council dollars focus on community center and pool operations, programming, special events and activities, maintenance and preservation of general park conditions and any necessary park renovations or repairs.

The Council’s monthly share increase is primarily due to added personnel, growing insurance, additional park and open space maintenance, labor and utility costs, targeted special projects, The Trails Community Center renovation and expansion, and reserve funding. Please note that more specific budget information is sent to each of you by your respective associations as part of your annual budget ratification process.

Thank you to the many individuals that volunteered their time to work on next year’s budgets. It is my sense that each of these budgets achieves the overall goal of preserving the operations and appearance of our Summerlin community in the most value-conscious way possible.