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, February 21, 2014

Winter Returns, Cold But Little Snow!

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National Margarita Day
That's tomorrow, February 22nd according to Cozymels, a local restaurant:


Doesn't Look Like Margarita Weather to Me
Winter has returned overnight, blowing out the fog, drying a lot of the streets. There are icy patches. The slush is gone, replaced by something like that stuff they are using at Sochi, closer to concrete than to snow.

The falling snow will end with minimal accumulation. It's really small ice crystals and none of that fluffy stuff. It stings when it hits one's face, driven by the gusts of 40 MPH.

Weather patterns for the next 10 days will be cold and falling temperatures with today the warmest. However, snow will end with only a chance of snow until March 2. There is a possibility of snow on March 2.


Today, temperatures will reach a high of 32F and from that point it will be downhill, with temperatures falling to a low of 0F on February 27.



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