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, April 18, 2013

Flood April 18, 2013

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I and other board members have been on site since 8:30am this morning and monitoring conditions. Here's the first of several video posts.

I've made 31 videos since 8:30 this morning. Some of the ROCs asked me if I had a camera, while the former Communications Director looked on, from the "portico" I had built!

Yes, the current board is prepared, and all of that hard work to deal with drainage issues has paid off.

This is the first video. As I prepare them they will be added to this post. These videos paint a grim picture.




Here is a video of the situation at the south lake.This is the depository for water from the North Lake and CODs wetlands, before it heads south, via underground piping. 






Here are a few videos along the midway points between the North Lake and the South Lakes














Here we are, back at the south lake, which is where all of the runoff from the north lake and the College of DuPage eventually accumulates. From here, it continues on it's path, as controlled by the DuPage County Floodwater control services.








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