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, November 15, 2009

Well, We Almost Made It!


















Here's a few photos of the driveway replacement at 1733H. Work was finally authorized for the board selected and "approved" driveways at the September association meeting. However, that work did not commence until November. Concrete work was done on the day this photo was taken, which was November 4. There was no advance notice to the unit owners and so one car was blocked in the garage. That owner got a surprise upon return from a short trip, and couldn't retrieve the automobile. Wooden planks were put into position to permit the car to be driven out of the garage.

The work will remain incomplete for this year, as it has been suspended. Asphalt will be done next year, or so the board announced at the November 12th meeting. The trench running the width of the garage will be filled with limestone screenings, which are very small chips of limestone. This is a loose, porous material, and water will migrate into the sub-base this winter. It remains to be seen if this will cause further problems with this garage floor. Last year, the floor heaved and several cracks running in a large "Y" in the floor from the entrance to the interior, widened to about 3/8 of an inch and the floor lifted. It has since returned to a normal position. My concern and that of the former Architectural Director was that permanent damage could occur to the floor, resulting in the need for costly repair and/or poor seal of the garage door.

So, we have run out of time for work this year, exactly as I predicted. Earlier in the year, certain board members had parties on the agenda and other special interests on the part of our CD interfered. The new board took too long to pick up the reigns for this project, which needed to be done "immediately" and so they announced at the November association meeting that "we have run out of time and the weather is against us".  Frankly, that is an excuse and is not quite accurate.  I sent a letter to the management company immediately after the election because I knew this new board would not get into immediate action required to get the job done this year. I decided to support them to the extent of pointing out the "immediacy" for action. Of course, when one of two transitioning board members voted "NO" for driveway repairs, it isn't too difficult to determine how this will go. Interests are elsewhere, and I and the rest of the unit owners in the affected buildings apparently aren't "special friends".

I delayed posting these photos, pending the outcome and action of the board. I was not surprised, but I have to say that I was disappointed. One can always "hope" that things will turn out, but of course, mixing virtues with action items usually results in failure, as it did in this case

When I provided my concerns about project timelines during the "unit owner's" portion of an association meeting early last year and also expressed my concern about lack of prioritization of tasks, I was considered a "kookoo". Of course, I am simplifying this. Of course there was prioritization on the part of board members, but there was insufficient alignment with the goals of the Architectural Director. Is it any wonder he no longer wanted the job? When the characteristics of an organization are such that it becomes impossible to do a good job, it is best to simply walk away and put someone's talents to use for another purpose.

Well, all  I can say is that the delays which postponed a vote for this work until the September meeting had a predictable outcome. So we are on "hold" until next year. Sorry to say "I told you so".  Meanwhile, we can all get "touchy-feely" and say such things as "Oh, what a shame" and "Isn't it too bad"! But the truth is, this outcome was predicted and was preventable.

As they say in management "You either get results or reasons."

8 comments:

  1. Before everyone gets all worked up, Norman doesn't have all of the correct information about why the driveways won't get done this year. Talk to the ex AD, the decision to do the driveways was in his hands, not the entire board. Wheaton had a hand in the delays too. Norman, get your facts straight before you put them on your blog.

    ReplyDelete
  2. The question I have, Anon 12:19pm is this: Did the board delay the project until the September meeting, or did the city? You imply the city did. Is that true?

    After approval in September, on which day did work begin, on which day did the city step in and how long was the delay by the city? A week? Two weeks? What?

    I believe the point being made is that to start a project such as this, at such a late date, increased the likelihood of postponement due to weather and other delays.

    So where does the responsibility lie? For example, I travel occasionally and when I have to catch an airplane, I know it takes at least 45 minutes to get to the airport and I must be in the airport at least 45 minutes prior to flight time. So if I leave an hour and a half before flight time, and there is a traffic problem or difficult driving due to weather, who should I blame for missing my scheduled flight? I made the decision to leave at the last possible minute so it was my decision.

    The board made certain decisions each step of the way. The board would seem to be responsible. Or was the board unwilling to take responsibility for its actions?

    ReplyDelete
  3. Enjoy your half completed driveway Norm! hahahahahaha

    ReplyDelete
  4. Anon 4:12 - your comment confirms to me who I suspect you are. Tell me, what if you or other residents want to sell their unit, and those potential buyers see the condition of the driveways, how do you think that is going to affect property values? Everyone in this complex is affected one way or the other. Tell me, how would you feel if your driveway was one of those having problems? Would you be laughing then? So Anon 4:12, I believe you lack many brain cells and the ones you have left are used solely to lash out at Norm or the former AD or belittle those in the complex who are having problems with their property. What is good for the BLMH residents should be the top priority for everyone who lives here, and especially the top priority of the board. There is blame to be had here, but unfortunately the blame is being placed on the wrong individuals.

    ReplyDelete
  5. Re: Anon Nov 17, 4:12 PM

    You are an idiot.

    ReplyDelete
  6. So come on, spill the beans, who is this Anon 4:12, seems there is no love lost between the two of you.

    ReplyDelete
  7. I cannot spill the beans on who I think Anon 4:12 is because, as I have stated before, it is pure speculation, based on reading the blogs and comments and putting 2 and 2 together. This person does not know me and I have no contact with this person, so I can't say there is no love lost, just that I suspect who it is and it makes that person all the more "lacking scruples." I will not reduce myself to that person's level by naming names, when it is pure speculation on my part.

    ReplyDelete

Please leave a comment!

Note: Only a member of this blog may post a comment.