Dues remain at $400 this year. These Dues cover the period from January 1, 2024 to December 31, 2024.
Your Dues pay for maintenance and improvements to the lake itself, as well as the LSA area grounds. The
2024 budget was approved at the October 2023 Annual Membership meeting. The approved Dues for 2024
amount to $400.00 per lot, the same amount as 2023.

Due date - February 15, 2024. There will be no second notices. Any Dues not paid by March 15, 2024 will
have late charges of $50 applied. As per the By-Laws, the LSA Board of Directors reserves the right to file a
lien on any property with unpaid Dues/assessments, and pass the charges on to the member. Further, ramp
access to or from the lake will not be given to any homeowner who has not paid their Dues , has not
filled out a Boat Ramp User Agreement (not required every year, so if already completed, no need to do
another one), and has not provided proof of ownership for all vessels .

Timing: If you want to use the boat ramp in 2024, you need to pay your Dues beforehand. Please allow at least
2 weeks from the time you make your payment until the payment is fully processed by the Association.

No monies collected at the ramp. Your account will need to be paid in advance to gain access to the lake
via the electronic gate at the ramp. Each resident will use their ramp access card that will only be activated
once all monies owed LSA are paid in full.

Electronic payment option. LSA will continue to accept electronic payments in two forms, credit card or
ACH, through our bank (PNC Bank). A step-by-step process is available by clicking here or go to the Lake Sherwood web page (www.lake-sherwood.org/pay-dues). This option will be available any time 24-7. A convenience fee will be charged. If paying by credit card, the total amount due is $415. If paying by ACH/electronic transfer, the total amount due is $403. It is your responsibility to pay the appropriate amount on the secured PNC website and ensure funds are available in your account. Any returned item fees will be charged back to you.

Off-water property owners – The A-Lot registration form (Click here). Please submit your form to the LSA
PO Box or email it to Linda Gepper at lwgepper@gmail.com. (We do accept these forms electronically).

We appreciate the support of all property owners in the task of maintaining Lake Sherwood’s assets and keeping
Lake Sherwood a desirable place to live. Please help the volunteers by paying your Dues timely.
If you no longer wish to receive a hard copy of the dues letter, please check this box and make sure our LSA
Email Correspondent, Martha Klemmer(marthaklemmer@comcast.net) has your current email address.

Sincerely,
Board of Directors
Lake Sherwood Association, Inc.