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

Saturday, July 31, 2010

An Electrical Energy Alternative

First, this post is neither a recommendation nor is it an endorsement. I have no financial stake in the following company nor do I own stock, etc.

A company called "Blue Star Energy Solutions" is advertising electrical energy at a rate competitive with ComEd, my current provider and probably yours. There are several plans available and one include "renewable American energy" at a competitive rate.

Blue Star says this:

Select Energy Plan
With BlueStar Energy you have a choice between renewable American energy at a lower price than you are paying now. An easy and affordable way to become part of the solution to the climate and energy crisis our country faces. Or, choose traditional energy for a discount. The choice is yours.

For a link, click here:

http://bluestarenergy.com/


I suggest you do your own homework and then decide which is better for you.

No comments:

Post a Comment

Please leave a comment!

Note: Only a member of this blog may post a comment.