12/05/20 – The Vaux Board of Directors approved the annual budget for 2021 at their 11/19/20 meeting.
Operating The Vaux is an expensive proposition. Doing so in 2021 will cost over $50,000 more than in 2020. Rising costs for insurance, trash, and water and sewer services drive the increase.
Owners face a 5.66% increase in condo association fees as a result.