The Bylaws require the Board to prepare a budget and distribute it to Owners at least 30 days before approving it in December of each year.  The approved budget is available here and a summary of the expenditures is shown at left, with those in green being attributable to direct expenses of DHVI and those in blue attributable to fees owed to the Master Association. Most of our spending is in 3 categories: (1) Fees owed to the Master Association; (2) Insurance; and (3) Reserve Contributions.  Increases in these costs are what drive increases in monthly assessments.