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

Tuesday, April 9, 2013

Spring Has Arrived!

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The pond I can view from my kitchen and living areas has finally thawed, and the ducks have moved in. Yesterday we had a really good spring rain. The grass should begin greening.

The photo at the top of this blog was taken on the walk approaching Waterfall #2 in March 2012. We had some unusually warm weather last year and so the ornamental trees bloomed early. At BLMH we have hundreds of trees.

I'll be changing the blog masthead photo from time to time, in sync with the seasons.

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