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

Thursday, January 8, 2015

Schools Emergency Closing Center



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The cold weather pattern will continue for several days. Perhaps you have tired of the intermittent and incomplete school closing information provided on the TV news channels.

For general information here is a website operated by WGN Radio which I have found to be useful. Of course, going to the school district website is the best way to get 100% reliable information about a school. Other organizations may also use this, including park districts. However, registration at the site for schools, park districts, and other non-profits is $25 per year. In other words, the information is provided voluntarily by the organizations who register.

Nevertheless, this is a good source, and here is a link to the home page, in accordance with the sites "terms and conditions":

Clicking will open a  New Window> Emergency Closing Center


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