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

Friday, January 10, 2014

Warming Trend

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It's currently 33F outside, the first time in a few days. Rain is expected this afternoon and evening, which should make for some interesting conditions.

This year, we are in a freeze-thaw-freeze situation and since the beginning of Winter on December 21 we have supposedly had sub-zero temperatures 25% of the time.

Here at BLMH we had the icicles knocked down over entrances and garages. Then when temperatures abated we had snow raked from above the A&B garages. Snow melt in the gutters will assist in moving water off of the roofs.

Today is the first day I see melting of the icicles from my window. This photo depicts a falling drop of water in mid flight. There will be many more before the day is over.











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