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 Vandalism. Show all posts
Showing posts with label Vandalism. Show all posts

Thursday, September 17, 2009

I will not be deterred or intimidated

2 comments

This morning, as I inspected my automobile, I discovered a nail in my tire. This is not a new morning discovery for me. Last year, at the time of the debate about assessments and that group called the Residents of Change, I stood up. I was immediately vandalized two or three times. I wasn't 100% certain the first incident was vandalism. However, that first incident alerted me, and I inspect my automobile each evening and each morning, and reported two of the incidents to the police.

This type of behaviour will continue as long as BLMH unit owners are willing to tolerate it. It will continue as long as others are complicit, or choose to look the other way. It will probably occur until ROC elected board members are willing to take a stand to prevent it. Recently, one of them told me that I am "bad for sales" in the association. This blog also received an anonymous email which stated that "People just don't like me, period". These and other reasons, may be considered as ample justification for these attacks.

The nail in the photo was not an accident. It "magically" appeared between dusk yesterday and dawn this morning, September 17th. I have again alerted the police.

An associate, who inspected my tire this morning at my invitation said "that's sick". I couldn't have said it better myself. They asked where I lived and I told them. Perhaps that will be bad for unit sales, but I prefer not to tuck my head in the sand.

I won't quit and I won't back down. In fact, this energizes me. As far as I am concerned, this association is worth taking a stand. But we already know that. So the question is, what about you?