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District Financials & Fees

Fee Information

Operation Fee

On November 14, 2023, the St. Vrain Lakes Metropolitan District No. 1 Board adopted its 2023 Budget. The adopted Budget incorporated the following rates: effective Q1 2024 (January 1, 2024) the operation fee remains the same at $270 a quarter. The fee increased for the maintenance fees for the Ovation and Villa lots.

The Operations Fee covers a portion of the District’s administrative and maintenance costs. The Amended and Restated Resolution Regarding Imposition of District Fees below will provide further detail regarding general District’s fees.

Maintenance Fee (charged to owners in Filing 3)

This fee is billed quarterly and will cover weekly, monthly, and annual maintenance of single family and duplex styles homes in accordance with the Access and Maintenance Easement Agreement. A summary of these services, maintenance map, and the full maintenance agreement can be viewed in our District Documents page. The Maintenance Fee is $47.50/ month for Single Family Detached Lots (Ovation Lots), and Duplex Lots $22.50/month (Villa Lots)

Mainenance Fee Information Sheet - Ovation ( SFH) & Villa (Duplex)

 

 

For more information and state filings, visit the Colorado Department of Local Affairs or visit Building a Better Colorado for information on understanding property taxes and mill levy calculations.