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

Monday, June 15, 2015

Rain, Rain, Go Away?


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Update 4:35pm
We continue with intermittent rain and that is the prediction for the entire week. Now, this might seem to be a lot of rain, but NOAA.gov provides the following for this storm. These are the storm totals and current conditions. For my immediate area, the total rainfall for this storm is about 2 inches, with more to come. At this rate, we won't get to 1% (100 year) conditions; the NOAA is predicting an additional 1/4 inch late this afternoon and tonight. However, there are flash flood warnings. I provide this to document this storm, which is not an unusual one for this area. It will produce standing water and some inconvenience:


Here's the current radar:

Original Post:
We've had a rash of rain storms move through the area in recent days. Today is another thunderstorm with locally heavy rain, This is the NOAA radar current image:


Meanwhile the rain settled in some low areas and the ducks were really enjoying Sunday's storm:

The puddle above quickly drained into the soil, but today's new storm created another puddle.  As the rain saturates the soil, the time to drain will become longer. We know this, and the area in the photo is on the list of problems and issues to deal with. However, as this area drains in a few hours, it isn't considered an "emergency" by me. Of course, a very few owners who are annoyed by paying their monthly fees have a different opinion.



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