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

Friday, November 5, 2010

A Compendium of Rules

Here's a list of posts I've made which include or refer to rules and regulations at BLMH. This is in response to an anonymous commentl, which asked "Norm, what happened to the original blog about Rule violations? -- October 29, 2010 5:11 PM.

I haven't removed or deleted any of the posts on rule and regulations. Here is a list of links:

When is a bench more than a bench?

Is this sign difficult to understand?

Benefits of owning a PUD

Dialog on a Rule Violation

It's not in my job description

Benches and other ideashtml

Am I in violation?

No comments:

Post a Comment

Please leave a comment!

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