Some residents will need to manually change fee amounts

GRF FINANCE

Shareholders should receive 2023 assessment coupon books and guest passes in the next two weeks. As of Jan. 1, GRF monthly assessment amounts have changed. Members should have already received a year-end letter that contains the new assessment.

For those who have signed up for ACH/direct debit with their Mutual through the GRF Accounting office, the assessements are automatically updatedtothenewcorrect amounts.

Other shareholders pay their monthly assessments through their bank’s bill-pay service, and some pay manually by check or cash every month. People who use any of these methods must manually change the amount they are remitting for their monthly assessments. Although late fees are waived in January, those who continue to pay 2022 monthly amounts may receive a late fee on the unpaid balance beginning Feb. 15.

At the end of December, a yearend letter was sent out with information on the amount of 2022 property tax incurred and the amount of the 2023 assessments.

Those who are not signed up for direct debit should soon receive new coupons in a separate mailing from the year-end letters. Those who made their January payments before receiving letters or 2023 coupons may need to make an additional payment to cover the increase. This may take a little extra time but can prevent a late fee from being posted to the account.