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

Monday, March 10, 2014

Finally, a Full 24 hours Above Freezing

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Currently it is 53F. Tonight the low is predicted to be 34F. This is nearly identical to December 4, 2013 and unlike December 4  there will be no freezing rain or snow.

This is the second first full day above freezing since December 4, 2013.  February 20th was a mild winter day with a high of 46F.

The Spring thaw has begun.

Is the winter of 2013-2014 over?
Not yet. It's predicted we'll get 4 to 8 inches of snow on Tuesday evening. Winter may get the last laugh. A few years ago we received a 12 inch snowfall on April 1.

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