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
Showing posts with label Meeting Agenda. Show all posts
Showing posts with label Meeting Agenda. Show all posts

Sunday, October 13, 2019

HOA Meeting October 2019

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Well, we had an "Annual Meeting" in September and the board was not elected due to a failure to achieve a quorum of owners. According to management a newly scheduled election would be in November. There are two agendas for October on the official HOA website. This is the page which one sees on going to the site. Apparently the third and fourth lines (underlined by me) are in error because the actual agenda on the "Association Board - Meeting Agendas" Tab does not have those lines.

I asked management via email what "board" would be attending as none had been elected. I asked via two different emails:
My question: "Who is on the board and signing checks?"
Management's response: "I will pass this along to the Board for next weeks meeting."

I did not attend the October meeting.  Why bother?


BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA

ANNUAL MEETING OF THE
BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION 
October 10, 2019 7:00pm Wheaton Community Center 1777 S. Blanchard




I. Approval of the September 12, 2019 Meeting Minutes

II. Treasurer's Report 

III. Work Orders

IV. Sales Report

V. Correspondence
        a. 1 architectural request
        b. 6 emails from owners 

VI. Old Business
        a. Fireplace legal lawsuit (update)
        b. Reserve study (pending)

VII. New Business (action items)
        a. Landscaping proposals (tree pruning, removals, mapping)
        b. Proposed 2020 budget

VIII. Committee Reports
        a. Rules & Regulations 
        b. Architectural & Maintenance
        c. Newsletter
        d. Landscaping 
        e. Welcome
        f. Water Main

IX. Homeowners' Comments
X. Executive Session 
XI. Adjournment

Wednesday, May 8, 2019

Meeting Agenda - May 9, 2019

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I did receive a response from management pertaining to my emailed request to have the May 9 meeting agenda posted on the official HOA website. The agenda was posted a few minutes ago. Here's a copy:

BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA
May 9, 2019
Wheaton Community Center, 1777 S. Blanchard
7:00 pm

I. Approval of the April 11, 2019 Meeting Minutes

II. Treasurer's Report 

III. Work Orders

IV. Sales Report

V. Correspondence
        a. 4 items, from owners concerning landscaping

VI. Old Business
        a. Fireplace legal lawsuit (email from Former President to HO)
        b. Comcast inspection (in packet)
        c. Truss updates (pending)

VII. New Business (action items)
        a. 2019 carpet cleaning proposals
        b. Tenant (renter resolution) 

VIII. Committee Reports
        a. Rules & Regulations 
        b. Architectural & Maintenance
        c. Newsletter
        d. Landscaping 
        e. Welcome

IX. Homeowners' Comments
X. Executive Session
XI. Adjournment

Tuesday, May 7, 2019

We need a Meeting Agenda

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The association has not provided the owners with a meeting agenda for Thursday's open meeting.  Currently the April, 2019 meeting agenda is posted on the association website.

Owners are to be notified of the meeting in accordance with the Illinois Condominium Act.  Such notice must be posted at least 48 hours prior to the meeting as follows. Note that the Association has decided to post the notice of the meeting via the monthly assessment bill to each owner. However, that doesn't provide owners with an agenda, and it has been the method of the association to post the agenda at the association website.

http://www.blmh.org/

Here is the pertinent text of the (765 ILCS 605/) Condominium Property Act:

(765 ILCS 605/18) (from Ch. 30, par. 318) 
    Sec. 18 (a)(9)(B)
   "(E) that notice of every meeting of the board of
    
managers shall be posted in entranceways, elevators, or other conspicuous places in the condominium at least 48 hours prior to the meeting of the board of managers except where there is no common entranceway for 7 or more units, the board of managers may designate one or more locations in the proximity of these units where the notices of meetings shall be posted; that notice of every meeting of the board of managers shall also be given at least 48 hours prior to the meeting, or such longer notice as this Act may separately require, to: (i) each unit owner who has provided the association with written authorization to conduct business by acceptable technological means, and (ii) to the extent that the condominium instruments of an association require, to each other unit owner, as required by subsection (f) of Section 18.8, by mail or delivery, and that no other notice of a meeting of the board of managers need be given to any unit owner......"

I've alerted management to this via email.  Apparently no one on the current board is monitoring this situation.....


Here's the image of the beginning of the currently posted agenda on the official association website. The agenda is for April 11:

BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA
April 11, 2019
Wheaton Community Center 1777 S. Blanchard
7:00 pm


Wednesday, March 20, 2019

March 14 2019 Published Agenda

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There are no meeting minutes published for 2019 at the official HOA website. I asked management about this was was informed that the board had not approved the minutes.

Nor has the newsletter been published since January 2019. Readers may recall that the new board decided to reduce newsletters to a quarterly "seasonal" schedule.   LOL!



Welcome to Briarcliffe Lakes Manor Homes!
BRIARCLIFFE LAKES MANOR HOMES ASSOCIATION
Wheaton, Illinois  60189




BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA
March 14, 2019

Wheaton Community Center 1777 S. Blanchard
7:00 pm


I. Approval of the January 10, & February 14, 2019 Meeting Minutes
II. Treasurer's Report 
III. Management Report        a. Correspondence (4 items)
IV. Old Business        a. Fireplace legal lawsuit (update)        b. Thames Light (options)        c. Comcast inspection (pending)        d. Truss updates (Raths, Raths & Johnson)
V. New Business (action items)        a. 2019 tree care proposal (Sava Tree)        b. 2019 janitorial proposal        c. 2019 carpet cleaning proposal (not part of janitorial contract)
VI. Committee Reports        a. Rules & Regulations         b. Architectural & Maintenance
        
c. Newsletter        d. Landscaping (tree map, handout)        e. Welcome
VII. Homeowners' Comments
VIII. Executive Session 
IX. Adjournment

Sunday, February 17, 2019

February 14, 2019 HOA Meeting Agenda

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BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA
February 14, 2019
Wheaton Community Center 1777 S. Blanchard7:00 pm

I. Approval of the January 10, 2019 Meeting Minutes
II. Treasurer's ReportIII. Management Report 
       a. Correspondence (3 items)
IV. Old Business
        a. Fireplace legal lawsuit (update attorney rate) 
       b. Thames Light (pending) 
       c. Flooring Rule (pending)
V. New Business (action items) 
       a. Truss updates (Raths, Raths & Johnson) 
       b. 2019 Tree Care Proposal (Sava Tree)
        c. 2019 Janitorial Proposal
        d. Comcast Legal Discussion
VI. Committee Reports
        
a. Rules & Regulations
        
b. Architectural & Maintenance
        
c. Newsletter
        
d. Landscaping 
        e. Welcome
VII. Homeowners' Comments
VIII. Executive Session 
IX. Adjournment


Wednesday, January 9, 2019

January 2019 Association Meeting Agenda

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<







BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA
January 10, 2019Wheaton Community Center 1777 S. Blanchard7:00 pm
I. Approval of the December 13, 2018 Meeting Minutes

II. Treasurer's Report 

III. Management Report
        a. Correspondence 

IV. Old Business
        a. Fireplace legal lawsuit (nothing new to report)
        b. Thames Light (CCS discussion)
        c. Flooring Rule (see attached)

V. New Business (action items)
        a. Truss Agreement (Raths, Raths & Johnson)
        b. 1721 Lakecliffe Tree Installation proposal
        c. 2019 tree care proposal (Sava Tree)
        d. Water main discussion (City of Wheaton letter)
        e. Fine increase discussion/ 2019 Census

VI. Committee Reports
        a. Rules & Regulations 
        b. Architectural & Maintenance
        c. Newsletter
        d. Landscaping 
        e. Welcome

VII. Homeowners' Comments
VIII. Executive Session 
IX. Adjournment