By Maggie Beamguard
Insider Editor
The Seven Lakes Landowners Association is proposing an increase in annual dues as it prepares for two major infrastructure projects and accounts for rising operating costs.
According to the proposal provided to landowners, the association is facing an operating shortfall of $175,000 for the 2026-2027 fiscal year, $115 per household. The gap is attributed to higher costs for services such as security, lake and dam maintenance, community management and administrative expenses and reduced interest income as reserve funds are used for large capital projects.
The most significant expense is the state-mandated replacement of the Sequoia Lake bottom drain, a project now estimated to cost between $2.8 and $3.2 million. The community has saved approximately $2.4 million toward the cost over the past five years.
Two options are being considered for completing the project. Option A would lower the lake by three feet during construction, allowing continued access to the boat ramp and beach and is expected to allow the lake to return to normal levels within 12 to 18 months.
This option would require an additional $130,000 in reserve funding and result in an $85 annual assessment increase per lot. Option B would lower the lake by 10 feet, eliminating boat ramp and beach access in excess of two years, with an estimated refill time of four or more years. While this option would not increase annual assessments, it would have a greater impact on community use of the lake and on property values.
In addition to the lake project, the Seven Lakes community pool is in need of major repairs. The pool is currently leaking more than 1,000 gallons of water per day. Refurbishment is estimated to cost between $200,000 to $250,000.
To address these needs and maintain long-term financial stability, Treasurer Amber Johnson has recommended a $200 increase in annual dues. The proposal would close the operating shortfall, strengthen reserve funding and support both the lake and pool projects.
“Our association is 100 percent self-funded. Every essential service — roads, lakes, facilities, amenities, insurance, utilities, and community upkeep — is paid for solely by homeowner assessments,” Johnson said in her message to the community. “We do not receive support from state, county or municipal tax revenue. Our annual assessments are the foundation of protecting both our quality of life and our long-term property values.
Residents were invited to share their feedback through town hall meetings in January and February, through suggestion boxes located in the community mailhouses or by emailing the treasurer at sllabudget2026@gmail.com.
Contact Maggie Beamguard at maggie@thepilot.com.
