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, July 1, 2012

College of DuPage as Viewed from BLMH - Part I

Here at BLMH, some owners aren't happy with our next door neighbor. Other people apparently wonder why that is.

This will be the first of several videos posted for viewers, so they can make their own decision. At the June 19 County Board Development meeting, Dr. Breuder, the president of the College of DuPage stated to the development committee and the assembly that the college is a good neighbor. I took exception to that statement.

These videos will show the side of COD that you won't see on the TV show "190North." But some of our owners see this every day, and have had to deal with this since August 2011. It's just a "Parking Improvement Program" scheduled for completion fall of 2011. No big deal, according to the college!

After some persistence by our owners, Dr. Breuder stated this work will be completed in 2012 and the area will again be green and suitable. How far is it to that fence? In this particular location it's 50 feet from residences and the walk on which I'm standing. Measurements indicate that the fence is within 40 feet of some of our residences. The view is unobstructed and that dump is the "surprise" and unannounced "material staging area."

Good Neighbors? This isn't what good neighbors do!

So, here's the first of several videos. This one was taken July 1, 2012 from the walk which links Lakecliffe to Gloucester, which is the most northerly point of the "material staging area." "Pond 9" is to the south and can be seen in the distance as I pan.

 The aerial photo shows you my exact position for the taking of this  video.





Here's where I was standing for the filming of this particular video:




Notes: 
  1. This post is one of a series to document what the college has been doing along it's western boundary with Wheaton, IL. 
  2. What is shown is now, according to the college, a temporary situation which will be completed and restored in 2012. Perhaps!
  3. A friend who resides in Glen Ellyn was using their new tablet computer and showing us some internet apps. I took the opportunity to go to this blog and showed them the photos taken of this construction from our patios. Their immediate comment was "The college is a bad neighbor!" 
  4. I've decided to take various videos because still photos really don't do this justice, nor do they convey the full impact on this association. 



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