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

Wednesday, January 7, 2015

I'd Rather be There, Perhaps or Perhaps Not!


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I'm posting this to provide contrast. Let me simply say this. Going to a warmer, subtropical clime as we did last winter will provide a wonderful contrast.  Some ask me why I purchased a camper-van. The answer I leave to another post, but if you are curious, you can go to my travel blog by clicking the following link. Let me say this; life is short. I think it is best to make the most of it and make a contribution where one can:

Clicking will open a  New Window> roadtrekking

Regarding the weather, no where is perfect. There will be issues, problems, storms and so on no matter where we live in the U.S. However, this country is so diverse and so broad, it is wise to take advantage of what it offers.  It is also wise to do so while we are fit, able, and can afford to do so.

We make choices in life. I suggest we make them well, consider the consequences of our actions and then make the best of the consequences.

Some of my neighbors, my fellow residents here at BLMH complain about the ice and snow in our winters. I suggest we enjoy these things and if they become unbearable, then travel to avoid them when we can. My late uncle relocated from the Chicago area to Clearwater, FL. When I visited him near the end of his life I asked him if he missed anything by living in Florida. He said "I really miss the change in seasons. I miss the fresh dew of spring and the dry crackle of leaves underfoot in the fall." To Uncle Rollie I say "rest in peace." To my neighbors at BLMH I say "Enjoy the seasons and the trees, walks and streams on our property. Enjoy all of our seasons"   This winter is one of many blessings. It will epitomize the "change" so many clamor for. So enjoy it. If you find the cold difficult and want a walk, then go to the walking track at Wheaton's Rice park complex which is about 5-10 minutes away. Go to Arrowhead Golf Club (another Wheaton benefit) and have a lunch.

Winter is an opportunity. I suggest we approach it as such.

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