Your condo fee is based on your percentage of ownership of the total property
The budget for the community is made up of operating expenses (such as snow removal, landscaping, ongoing maintenance expenses and management fees); utilities (gas and water/sewer); and capital expenditures (monies for renovation/replacement of roofs, fences, roads, sidewalks, and other common elements)
Your individual fee is your percentage of ownership multiplied by the total budget
Together, we all contribute to the operation, maintenance and improvement of our community