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, January 6, 2015

Breaking News, or Hype?


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Update January 7, 7:00am
The current temperature is -2 and the windchill is -13F. Many schools are closed in the area. One reason is to prevent children from standing in these temperatures while waiting for a bus. Cold, but not quite that predicted, and about the same as yesterday morning at this time  As seems the usual these weather predictions provide the "worst case" situation, This pattern of highs below 15-20F will continue until Saturday.

Original Post
I received an eail from the Glen Ellyn "Patch" this afternoon. The subject line read "BREAKING NEWS: WEATHER ALERT: Hour-by-Hour: Our Plummet to 30/35 Below (Tue 2:12:08 PM)"

Well, what's so? The current (4:30pm) forecast at Weatherunderground is "Clouds early, some clearing late. Lows overnight -8 to -4F".

That's about the same low as last night. So what gives?

Well, I suspect it's all about the hype. Same as the TV weather news, which is designed to get one to stay glued to the boob tube so one will watch all of those commercials. I wonder what Skilling will be saying tonight over at WGN TV? My guess? He'll take ten minutes or so to tell us "It will be very cold tonight."

Now, there is no question that -8F is bitterly cold, and the wind chill is currently -9F.

But we will be above the record low temperature for this date of -17F which was set last year. Global warming? Really? [This is now described as "Climate Change" to cover any and all contingencies.]

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