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

Wednesday, August 28, 2019

Grass - sod, straw mat, erosion control mat and seed


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One of the challenges on a large property is maintaining the landscaping. Boards are sometimes inclined to take the low cost approach. Boards are also inclined to spend money on entrances and at the two addresses on Briarcliffe Blvd. Of course, the residents at 1825-1827 are all in favor of this. Sometimes the justification is "It is advertising".  However, if the interior is allowed to degrade, or ignored, then I have always taken the position that fancy and expensive treatments on Briarcliffe are possibly "bait and switch".

With rolling grounds, controlling the flow of water to get it to move away from buildings and walks should be a priority, but may not be.

From 2010-2018 maintenance did a lot of work to control the flow of water, reduce the number of "mud pits" and "mosquito glades" on the property. This was an expensive undertaking throughout the property. There were debates on the board. Some favored the use of straw grass mat and seed. I preferred sod.   Grass mat is possibly an acceptable solution if:

  1. The area is predominantly level.
  2. Watering at $5.05 per hundred cubic feet is acceptable. Add labor to this.
  3. Frequent watering and weeding is acceptable during the grass sprouting period, perhaps a month or more. 

Nevertheless, we did try some grass mat. This worked adequately for the Lakecliffe Street replacement project where narrow strips were placed along new curbs. This was done as part of a large single source contract.







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