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, February 20, 2014

Weather Update, Rain, High Winds, Possible Flooding, a Hard Freeze and then Back to Winter

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So Far, So Good. The Fog Rolls In!
At 3:00pm the temperature was 39F. That's well below the predicted 48F.  Total rainfall as been between 1 and 1-1/2 inches in Wheaton. That's more than originally expected at the news services but is consistent with the NWS predictions. Most of this has been steady but light rain. There has been no hail and runoff seems to be moderate. More rain is coming but tonight the rain will change to snow and we'll be back into winter. The NWS has now issued a dense fog advisory for this evening and the High Wind Warning remains in effect:
...DENSE FOG ADVISORY IN EFFECT UNTIL 7 PM CST /8 PM EST/ THIS
EVENING...
...HIGH WIND WARNING REMAINS IN EFFECT FROM 5 PM CST /6 PM EST/
THIS AFTERNOON TO 11 PM CST /MIDNIGHT EST/ THIS EVENING...

The Early Morning Post
It did rain last night, and temperatures will be moderate throughout the day.

Rain will return this afternoon. It will be a hard freeze tonight.

Oops, the experts were off a bit. It was raining very heavily at 11:00am:


[Update] - About 1 inch of rain has already fallen from 8:45pm February 19 through 12:28pm today, per the NWS as shown in the following:


National Weather Service Morning Projections

The National Weather Service (NWS) has issued this  Flood Watch until 3pm.:
* THE COMBINATION OF MELTING SNOW...FROZEN GROUND AND RAINFALL
  TOTALS OF ONE HALF TO LOCALLY UP TO AN INCH AND A HALF WILL
  RESULT IN AN ELEVATED RISK OF FLOODING.

* HIGH STANDING WATER AND FLOODING ARE POSSIBLE IN POOR DRAINAGE
  AND FLOOD PRONE LOW LYING AREAS. SIGNIFICANT RISES AND
  LOCALIZED FLOODING IS ALSO POSSIBLE ON AREA STREAMS...CREEKS
  AND RIVERS.

PRECAUTIONARY/PREPAREDNESS ACTIONS...

A FLOOD WATCH MEANS THERE IS A POTENTIAL FOR FLOODING BASED ON
CURRENT FORECASTS.

YOU SHOULD MONITOR LATER FORECASTS AND BE ALERT FOR POSSIBLE
FLOOD WARNINGS. THOSE LIVING IN AREAS PRONE TO FLOODING SHOULD BE
PREPARED TO TAKE ACTION SHOULD FLOODING DEVELOP.

The NWS has also issued this High Wind Warning:
...PERIOD OF STRONG TO POTENTIALLY DAMAGING WINDS LIKELY THIS EVENING...


...HIGH WIND WARNING IN EFFECT FROM 5 PM THIS AFTERNOON TO 11 PM CST THIS EVENING...

* TIMING...HIGHEST THREAT OF GUSTS UP TO 60 MPH LOOKS TO BE DURING THE EARLY TO MID EVENING HOURS.

* WINDS...A PERIOD OF WIND GUSTS AS STRONG OF 50 TO AROUND 60 MPH FOR A TIME THIS EVENING.

* IMPACTS...WINDS THIS STRONG MAY RESULT IN TREE DAMAGE...EASILY TOSS LIGHTWEIGHT UNSECURED OBJECTS AND MAKE TRAVEL DANGEROUS FOR HIGH PROFILE VEHICLES.

PRECAUTIONARY/PREPAREDNESS ACTIONS...
A HIGH WIND WARNING MEANS A HAZARDOUS HIGH WIND EVENT IS EXPECTED OR OCCURRING. SUSTAINED WIND SPEEDS OF AT LEAST 40 MPH OR GUSTS OF 58 MPH OR MORE CAN LEAD TO PROPERTY DAMAGE.

Here are the predicted temperatures:


Recent Flood Warning Bulletins
Clicking will open a  New Window> Recent Flood Warning Bulletins

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