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

Thursday, October 22, 2009

Roofing Project Status - from Dawn 'til Dark

Here are a few photos of the project at 1730-1732H, but work was suspended this morning dew to rainfall.

The technique for removing existing roofing is to use a pitchfork or a square headed shovel. I prefer a sharpened shovel, myself, based upon personal experience. I once owned a home here in town, on which I upgraded the roof and I did remove the existing shingles. It was difficult work!

Stripping begins:


Down to the plywood:



Note the plywood panels being replaced:




Work suspended this morning due to rain:



Posted by NormR at 7:34 PM
Labels: ,

4 comments:

  1. AnonymousOctober 23, 2009 at 9:40 AM

    Do you have an update on the driveways that are scheduled to be replaced?

    ReplyDelete
  2. AnonymousOctober 23, 2009 at 9:55 AM

    "Here are a few photos of the project at 1730-1732H, but work was suspended this morning dew to rainfall."

    You're doing it wrong.

    ReplyDelete
  3. NormROctober 23, 2009 at 10:05 AM

    Dew tell me? Is it possible that was a play on words, has my spell checker failed me again, or has the tree of knowledge failed me?

    Yew decide.

    ReplyDelete
  4. AnonymousOctober 23, 2009 at 11:09 AM

    Thank you - I needed a chuckle on this gloomy day.

    ReplyDelete

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