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, April 20, 2009

Spring has finally arrived!

Well, spring officially arrived on March 20, but as is usual, it was a bit cool and there was not a lot to show for it. It's cool and raining today and tomorrow, with a possibility of snow! Then a high of 82F on Friday!

However, we now have green grass, the trees are tentatively spreading their leaves and some are blooming, and the crocus and daffodils are blooming; the "Daffodil Glen" at the Morton Arboretum is a sight to behold.

We also have far more birds and from my kitchen window and I have seen a red tailed hawk, nuthatches, chickadees, and of course many, many robins.

The surprise came during a recent visit to the Willowbrook Wildlife Center. The pond now includes a beaver hutch!

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