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 11, 2013

Pine #137, R.I.P.!

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Sad to say, one of our pine trees met an untimely end. Here on the board, we've been concerned about the possible outcome of stress on our trees as a consequence of last year's drought.

This year, we had total snowfall in the normal range, and we've had some good rains. According to the U.S. Drought Monitor, there is no drought in Illinois! I've included a map of the current drought monitor at the end of this post.

We did lose a tree. While the watch goose looked on.


I noticed this yesterday and notified management with a photograph via email.


Today, this is all that remains. RIP pine #137. You will be missed, by some. But it's Spring and soon our more active residents will turn toward more important matters, such as "We want a garage sale" and "We want a picnic."



Current Drought Monitor







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