To maintain property values, cover daily services, and fund long-term structural repairs, The Vine utilizes distinct types of assessments governed by Texas law and our Declaration. Per our Governing Documents, all Regular and Special assessment liabilities are allocated equally on a per-Unit basis (1/63rd per Unit) rather than by square footage.
Your Monthly Assessment: Covers predictable, recurring community costs. It is allocated equally by Unit and split between our Operating Fund (day-to-day utilities, management, insurance) and our Reserve Fund (scheduled savings for future capital replacements).
Major Capital & Defect Projects: Levied across all Units equally when existing operating or reserve funds are insufficient to cover large, irregular, or emergency capital repairs (such as our Phase 3 Parapet & Building Envelope reconstruction).
Individual & Benefit-Received Charges: Billed directly to an individual Owner for unit-exclusive charges, including common expenses that benefit fewer than all Units (assessed according to benefit received), sub-metered utilities, insurance deductibles, or compliance fines.
*Note: Our Declaration also empowers the Board to levy a rare fourth category known as a Deficiency Assessment. This is an emergency gap-filling assessment used only if the community suffers casualty loss or property destruction (such as fire or weather damage) and the insurance proceeds or legal awards fall short of the actual cost to reconstruct the Common Elements.
Pays for immediate, daily community operations including valet trash, landscaping, utilities, insurance premiums, and routine repairs.
View Operating DetailsOur community savings account dedicated to major capital restorations (roofs, paving, fencing) as dictated by our independent Reserve Study.
View Reserve DetailsThe Board of Directors officially adopted the 2027 Budget on September 21, 2026. The budget was developed focusing on four primary objectives:
The 2027 Budget was formally adopted by the Board to ensure long-term stability and necessary property investments. The new $595 monthly assessment (effective January 1, 2027) represents a 3.5% (+$20/mo) increase. A key component for 2027 is the reallocation of insurance savings directly into Repairs & Maintenance to care for our aging property.
| Category | 2026 | 2027 Approved | Change |
|---|---|---|---|
| Revenues (Operating) | $362,700 | $376,820 | +$14,120 |
| Taxes & Insurance | $138,823 | $114,500 | -$24,323 |
| Administrative Expenses | $7,765 | $8,500 | +$735 |
| Professional Services | $40,778 | $44,798 | +$4,020 |
| Utilities | $81,958 | $92,356 | +$10,398 |
| Service Contracts | $56,780 | $59,619 | +$2,839 |
| Repairs & Maintenance | $36,596 | $57,047 | +$20,451 |
| Total Expenses | $362,700 | $376,820 | +$14,120 |
* Note: Reserve contributions ($104,000 for 2027) are fully funded out of the $480,820 gross revenue structure before these operating expenses are calculated, protecting our lending eligibility and long-term capital goals.
The chart below reflects how your current 2026 assessment is actively allocated. This breakdown remains in effect through December 31, 2026.
*Amounts are rounded based on approved 2026 budget.
Review the approved community budget for the current year. The official 2027 Budget packet is currently being finalized by WRMC and will be published here shortly.
View 2026 BudgetReports are typically posted by mid-month for the previous period.