Updated Surplus Numbers

Updated Surplus Numbers
Updated Surplus Numbers: Actual surplus 2018 per audit was $85,163.
Boards 2011-2018 implemented policies and procedures with specific goals:
stabilize owner fees, achieve maintenance objectives and achieve annual budget surpluses.
Any surplus was retained by the association.
The board elected in fall 2018 decided to increase owner fees, even in view of a large potential surplus

Average fees prior to 2019

Average fees prior to 2019
Average fees per owner prior to 2019:
RED indicates the consequences had boards continued the fee policies prior to 2010,
BLUE indicates actual fees. These moderated when better policies and financial controls were put in place by boards

Better budgeting could have resulted in lower fees

Better budgeting could have resulted in lower fees
Better budgeting could have resulted in lower fees:
RED line = actual fees enacted by boards,
BLUE line = alternate, fees, ultimately lower with same association income lower had
boards used better financial controls and focused on long term fee stability

Monday, September 15, 2008

ROC Survey document

I also received this survey document with the email response and letter. I have deleted names to comply with the confidentiality goals for this site. Sorry for the fuzzy images. However, a text version is included at the end of this post. If you want an original then contact me:


BLMH Residents Of Change (ROC)
Tell us what YOU think.

You’ve been hearing a lot about us lately. Now, we want to hear about YOU!

What are some of the things you and your neighbors are talking about?

Below are some ideas that have been generated by residents we’ve talked to. Let us know if you
agree or disagree with them and add your own to the list.
Participate in “Resident’s Roundtables” to talk about issues informally
Organize a Block Party!
Publish board meeting minutes and board agendas
Change the board meeting to Saturday
Reopen discussions on visitor parking lots
Use building bulletin boards for association notices
Allow semi-annual community garage sales
Post bylaws and board business on a website
Raise money for certain projects with fundraisers
Find a new meeting place for board meetings
Your idea? ___________________________
Your idea?____________________________
What are your positive experiences of home ownership in BLMH?
______________________________________________
______________________________________________
______________________________________________
What changes would you like to see in our community?
______________________________________________
______________________________________________
______________________________________________

How do the following meet your expectations?
SATISFACTORY or NEEDS IMPROVEMENT
Building Exteriors
Building Interiors
Grounds / Common Elements
Pest Control
Snow Removal
Management
Additional Suggestions?
_______________________________________________
_______________________________________________
_______________________________________________
_______________________________________________

Who are you? (optional)
Name____________________ Address_________________
Phone ___________________Email ___________________

PLEASE RETURN SURVEY BY 9/25/08

To submit your survey . . .
1. Fax to xxxxx at (630) xxx-xxxx or Email to xxxxxx@yahoo.com or
2. Call any of the ROC candidates for pickup at your home
[names and telephone numbers removed per site confidentiality promise]

Thanks for sharing your ideas with us!
Together we’ll make positive changes for our community.

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