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, June 9, 2012

College of DuPage Conditional Use Approval

A number of the board members of BLMH attended Thursdays Zoning Board of Appeals Meeting pertaining to CODs conditional use permitting as a community college in an area zoned residential R-1.

A number of BLMH residents, as well as residents from other communities neighboring the college also attended.

The ZBA board discussed denying the request, but ultimately approved the request with serious stipulations on the college. The recommendation will now move to the County Development Committee meeting on June 19 at 11:00AM.

I think it's necessary to point out that the Development Committee may alter direction, or completely disregard the recommendation of the Zoning Board of Appeals. So residents need to be in attendance at the next meeting.

What the ZBA approved on June 7:
The ZBA board voted to approve the petition of COD, with the stipulation that it be approved for use as a community college in a residential area zoned R-1.

The radio tower was approved, but no other conceptual structures were approved. In other words, the water tower, treatment plant, numerous "conceptual" buildings which do not currently exist on the plats and anything that was not permitted by Glen Ellyn are not approved. For those additions the college will be required to satisfy county codes, where appropriate provide proper studies, e.g. traffic impact studies to the county zoning authorities so as to seek approval before building.

Articles highlighting the Meeting:

Clicking will open a  New Window> Daily Herald Article


Clicking will open a  New Window> Naperville Sun Article







No comments:

Post a Comment

Please leave a comment!

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