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

Monday, March 18, 2013

Preparing for Severe Weather

The City of Wheaton has added a video to inform residents how the County’s emergency management office operates during severe weather, and makes suggestions for resident preparation for spring weather.


PRESS RELEASE

3/1/2013

Video Includes Practical Tips to Prepare for Severe Weather

WHEATON, Ill. – Spring often brings with it some wild weather in the Midwest, including severe storms. Before this season’s severe weather arrives, the City of Wheaton encourages you to watch this video, “Preparing for Severe Weather,” with tips for how you can be prepared for thunderstorms, tornados or any natural disaster.

David Gervino with the DuPage County Office of Homeland Security and Emergency Management shares the three steps every Wheaton resident can take to be ready for spring weather. Gervino also addresses common misconceptions about weather sirens, and he explains the difference between severe weather watches and warnings.

In addition to learning about how the County’s emergency management office operates during severe weather, you can also learn about how the City of Wheaton works with the County in widespread events like the severe storm July 1, 2012 that left more than half of DuPage County without power in sweltering conditions.

This video is now available on the City’s website and on City of Wheaton Channel 10.

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I've provided this link to the video and to the schedule for Channel 10:

Clicking will open a  New Window> Preparing for Severe Weather




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