The Board and Community Manager work together to gather the financial information needed to project expenses for the coming year. This includes a reserve analysis of amenity conditions, bids for contracts, projections for utility or service increases, comparisons of past years’ budget trends and many other details. The Board also examines all sources of income—assessments, interest on investments, and other types of miscellaneous income, and adjusts the expenses and income to create a balanced budget.
They met on October 13, 2025 to prepare the 2026 draft operating budget. At an announced open meeting on October 15, 2025, the Board of Directors voted to finalize the operating budget. The 2026 monthly assessments are $90.12 for town homes and $69.33 for single family homes. This represents an increase of $2.30 per month for town homes and $1.32 for single family homes. The Potomac Crossing assessments remain one of the lowest when compared to similar communities in the area.
These increases are needed based upon the cost of services including major contracts for pool management, landscape maintenance and community management and to fund the capital reserve account which is used to fund replacements and enhancements to the common elements of the community recommended in the Reserve Study, which was updated this year.
The major community elements include playgrounds and fitness stations, asphalt walking paths, various townhome streets and parking areas, entrance monuments, basketball courts, and the pool facility (in which improvements are planned for the future). Keeping the community elements in good condition and updating / adding new amenities enhances why Potomac Crossing continues to be a great place to live and its impact on our property values
