Welcome to Eldorado at Santa Fe

Home to great folks, rich culture and beautiful views, Eldorado at Santa Fe is a community of 2650 homes situated at the foot of the Sangre de Cristo mountains, approximately 25 minutes from the Santa Fe Plaza.

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November 1 2017

cost of major amenitiesThe ECIA bases our annual HOA fee on lot ownership, not the lot size or value. When all lot owners pay the same amount, economists use the “benefits received” principle for justification and the distribution of monies collected.  For the Board, this means distributing the monies received to achieve the most good for the most people. With budget planning upon us, now is a good time for all of us to review where the ECIA has been spending the community’s money. The accompanying graph shows the eight-year history of costs of our major amenities.  Year 2017 is the year-end projection, and 2018 is the initial draft budget. Since none of the amenities provided by the ECIA are guaranteed by our governing/legal documents, this is the time to get involved and help the Board allocate our precious  resources. The ECIA’s system of governance is based on a participatory democracy; the more active the adjective, the more accurate the noun. Get involved. 

Supporting and additional data:

2008-2016 ECIA Annual Report Operating Fund spreadsheet

–Antone Forneris, ECIA Vice-President