Budget & Finance IntelligenceBoard Decision Guide · DM-HOA-012

Should We Raise HOA Dues?

No board decision generates more owner pushback than a dues increase — which is why so many boards avoid making it until the financial situation forces their hand. This guide gives boards a structured framework for determining whether an increase is needed, how much is appropriate, and what the board can authorize without a member vote.

What this guide covers
  • The adequacy test — how to determine if current dues are actually sufficient
  • State statutory increase caps and board authority limits
  • How to calculate the right percentage range for your situation
  • When a member vote is required vs. board-only authority
  • Dues Adjustment Gate — interactive tool that returns a recommended action
  • Common board mistakes when handling dues decisions
  • Pre-decision checklist for HOA boards

The adequacy test

Dues adequacy is not about whether owners are comfortable with the current level — it is about whether the current level funds all required operations and contributions at the amount the association actually needs. The adequacy test has two components:

  • Operating adequacy: Does current dues income cover all operating expenses — management fees, landscaping, utilities, insurance, administrative costs — at their current or anticipated rates?
  • Reserve adequacy: Does current dues income fund the reserve contribution required by the current reserve study to maintain the recommended percent-funded ratio?

Both components must be true for dues to be adequate. An association that covers operating expenses but chronically undercontributes to reserves is not adequately funded — it is just structured so that the shortfall becomes visible later, usually in the form of a special assessment.

The comfort test (and why boards fail it)

The comfort test is the de facto test many boards use: will owners complain? Boards that govern by the comfort test hold dues flat until the situation becomes untenable, then implement large catch-up increases or special assessments that generate exactly the conflict they were trying to avoid.

The evidence strongly favors small, annual, adequacy-driven increases over periodic large catch-ups. An association that raises dues 4% each year for five years collects the same revenue as one that raises them 22% once — but the annual approach generates far less owner friction and maintains the association's financial trajectory rather than creating a funding crisis.

State caps and board authority

Many states limit how much the board can raise dues without a member vote. These caps define the boundary of board-only authority — they are not a ceiling on what the association can charge, only on what the board can do unilaterally. Amounts above the cap require a member meeting and a vote.

California's 20% cap (Civil Code §5605) and Florida's 115%-of-prior-budget rule are the most widely known, but many states have no statutory cap at all — leaving it entirely to the governing documents. Boards must check both state law and their CC&Rs before implementing any increase.

Dues Adjustment Gate

Answer three questions about your dues situation. The gate returns a recommended action with the appropriate percentage range.

DM-HOA-012Dues Adjustment Gate
GATE 1 OF 3

After accounting for proper reserve contributions, does the current dues level cover the association's projected operating expenses?

GATE 2 OF 3

When was the last dues increase?

GATE 3 OF 3

Does your state or governing documents limit how much the board can raise dues without a member vote?

State law reference

StateKey statuteDues increase rule
CaliforniaCivil Code §5605Board may increase annual budget up to 20% over prior year without member vote. Assessments exceeding 5% of the annual budget require member approval by majority vote of quorum.
FloridaF.S. §720.303, §720.3085Board may adopt budget up to 115% of prior year budget without member vote. Members may petition to hold a special meeting to veto the budget within 21 days of mailing.
TexasProp. Code §209.0062No statewide cap. Governing documents control board authority for dues increases. Many CC&Rs require member vote for increases exceeding a set percentage or dollar amount.
ColoradoC.R.S. §38-33.3-303.5No statewide cap for planned communities. CCIOA allows boards to impose special assessments up to 5% of prior year budget without member vote; regular dues increases governed by documents.
NevadaNRS 116.3115No explicit statutory cap on regular dues increases for HOAs. Governing documents control. Associations must provide 30-day notice of any increase to members.
ArizonaA.R.S. §33-1803, §33-1256No statewide cap. Governing documents control. Board must adopt budget at open meeting with at least 10-day advance notice. CC&Rs often cap board-only increases at 10–20%.

Common board mistakes

Pre-decision checklist

Adequacy gap confirmed — current dues vs. full operating + reserve expenses
Reserve contribution requirement from current reserve study confirmed
Prior year actual expenses vs. budget reviewed for variance
Statutory cap confirmed — state law and governing document limits checked
Increase history reviewed — when was the last increase and by how much
Required member notice timeline confirmed (30–90 days by state)
Member communication plan prepared with financial rationale
Multi-year normalization plan drafted if single-year catch-up is not feasible
Management company input on cost projections obtained
Board vote documented in minutes with financial basis stated

Sources

  • California Civil Code §5605 — Assessment and budget increase limitations
  • Florida Statutes §720.303, §720.3085 — HOA budget adoption and assessment authority
  • Colorado Revised Statutes §38-33.3-303.5 — CCIOA special assessment authority
  • Arizona Revised Statutes §33-1803, §33-1256 — Planned community and condominium assessment rules
  • Community Associations Institute (CAI) — Dues Adequacy and Reserve Funding Best Practices

These materials represent original educational content created and maintained by Zorex Holdings, LLC. Copyright protection applies to the selection, organization, analysis, commentary, templates, checklists, and explanatory materials contained within this Resource Center.

LAST REVIEWED: AUGUST 2026

Statutes and regulations change frequently. This guide reflects Zorex's interpretation of applicable laws as of the review date and may not be copied, republished, or incorporated into other compliance products without written permission.