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, June 18, 2015

Additional Rain Activity - Tropical Storm Bill



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We're getting a real cloudburst here from a fast moving thunderstorm. However, this storm will be out of the area in about an hour. Should not cause a problem on Wheaton's Lakes or COD's ponds in Glen Ellyn.

7:40am Radar from NOAA.gov:


Tropical storm Bill is sending rain into the area. For the immediate future that rain will be elsewhere. According to the NOAA "Tropical moisture from Bill will continue to bring heavy rain to the southern Plains, mid-Mississippi River Valley and Ohio Valley through Thursday. Numerous Flash Flood Watches are in effect across these areas. River flooding is also likely in these areas as the heavy rainfall drains into areas rivers."  Here's the current wide area radar (reflectivity) data from the NOAA:




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