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

Sunday, August 22, 2010

Have Your Dryer Vents Cleaned on a Regular Basis

As you may or may not know, the Association provides free cleaning of dryer vents on a regular basis. Costs are included in your monthly fees. This is a valuable service. All that is necessary is to call FUPM, our management company and make the request!

Regular cleaning of dryer vents improves dryer efficiency, which means lower energy costs to the unit owner. Regular cleaning also reduces the risk of fire. - SEE NOTE 1.

It's my understanding that this should be done every two to three years.

Here is a dryer vent at our association which apparently needs cleaning. You will note the condition of the vent on the left, which is partially blocked. This photo was taken today, August 22, during a regular "walk through" of the association:


Comments, Corrections, Omissions, References


================================

Note 1. A clogged dryer vent can result in a fire. The free service at BLMH was implemented by our board after a dryer vent fire occurred on our property in June of 1989. 

Note 2.  If you are interested in the technique used, there are a number of web sites which offer instructions and videos. Simpy type the following into Google.com or Bing.com or the search engine of your choice:

How to clean a dryer vent

Note 3. Here is a video of a method using an electric drill from the outside:



Note 4. This post was updated November 18, 2010 with specifics of the origin of this free service at BLMH.

No comments:

Post a Comment

Please leave a comment!

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