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, August 24, 2009

Projects Status


The above are examples of the addition of narrow walks, as per the recent Association meeting. It is intended that these will improve drainage, and reduce damage to lawns during winter plowing and snow removal. Of course, the walks will also allow residents improved vehicle egress and entry. This is one solution that the Architectural Director proposed, which will be coordinated with other landscaping adjustments.

The upper photo also includes a new "eyebrow" to permit a gutter to run all the way to the left of the entrance, and thereby carry water to a discharge point that is not on the driveway. The eyebrow is not very clear in the photo, and given an opportunity I'll get a closeup shot.

Improvements to achieve the desired drainage are being evaluated on a building by building basis. You may notices some white circles of paint on your driveway. These I have been told are indicators that the slope of the drive has been measured at these points, for the purpose of determining if it is adequate for drainage and can carry water properly away from the building.

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