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

Tuesday, August 12, 2014

Lakecliffe - Asphalt Begins


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The following were posted throughout the day. The earliest post was at 7:21am and is at the bottom. the most recent is at the top. 

 Update 3:00pm - The street has been reopened
The "Road Closed" signs were taken down at 1:41pm. The August 8, 2014 notice posted by management stated "If the "Road Closed" signs are still up DO NOT DRIVE ON THE NEW SECTION OF LAKECLIFFE DRIVE until the signs are removed."  The "Road Closed" signs have been removed.

UPDATE 1:54pm
This photo and the message "BLMH Lakecliffe street is open" was sent to the HOA president at 1:54pm. At 1:55pm this response was received: "Hoo-rah!"



UPDATE 1:26pm
The final paving work is underway.

 Surface Course Continues and Dodging Cars 12:53pm
The "ROAD CLOSED" signs and "Road Construction Ahead" signs are at each end of this section of the street. There is also the  "Street Closing set to occur Monday 8/4 - Tuesday 8/12" signs at each end of this section of the street, as well as hand carried and posted notices in each building entrance in the construction zone. Apparently, some of us are "special" and so this certainly doesn't apply to "me."




Surface Course as of 12:46pm

Surface Course at 12:01pm
Binder Course underway 10:40am

ORIGINAL POST 7:21am, August 12
I was at the street at 6:30am for an early meeting, but apparently the decision had been made to proceed. The paving company began arriving at 6:40am and by 7:00am the work was underway.






Posted by Norm R at 7:21 AM
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2 comments:

  1. AnonymousAugust 16, 2014 at 4:32 PM

    Wow, taking pictures of people driving without their consent? You're lucky you didn't get kicked in the ass for such behavior.

    It's also illegal as BLMH is private property and you need the person's consent to post the pictures anywhere.

    ReplyDelete
  2. Norm ROctober 21, 2014 at 9:54 AM

    Anonymous 8/16/2014 4:32 indicates their ignorance in their comment.

    The reader will note that faces, vehicle license plates, etc. are obliterated in the photos I post. That includes identifying scripts on trucks.

    I take my work very seriously. If I didn't I'd find a real hobby instead of this.

    ReplyDelete

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