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

Saturday, February 8, 2014

Signs of Spring, Condo Cookies and Young Frankenstein

Bookmark and Share

Well, it's snowing today (again!). It's my understanding that we have now passed 60" of snowfall for this winter (2013/2014).  Yet, there are signs that Spring is on the way.

The begonia in our west window has bloomed! I was very surprised to discover that while watering our plants. I consider this a positive sign and attribute the blooming to the longer days. I don't feed these plants in the winter because I want to avoid stressing them. As a consequence they appear to be anemic by this time of year and seldom bloom.


Yesterday our snow removal company was actually filling trucks with snow and transporting it to other areas on the property. The problem? We are running out of places to put it and the height of the piles is becoming excessive.

Here's the way it looked before the snowfall earlier this week:

So what to do in the interim?

G, who is as good (or better) a cook than I am has made two batches of oatmeal cookies. She knows I'm a traditionalist, which means I prefer my cookies with raisins. No chocolate chips, please. So she was kind enough to make two batches. One with dried cranberries and Ghirardelli chocolate, and the other with raisins. Yum! (Note that one has a bite).


Young Frankenstein. That's the current offering at the Drury Lane Theater in nearby Oakbrook. We had dinner with friends and attended the 8:00 performance last night. It was a lot of fun. The play is, in my opinion, "a romp." G and I recommend it.


Clicking will open a  New Window> Drury Lane Now Playing



No comments:

Post a Comment

Please leave a comment!

Note: Only a member of this blog may post a comment.