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 7, 2016

An El Niño Year


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It's an El Niño year. However, the pattern has been reported as peaking. By Mid-January the pattern should be more normal. The coldest day of the year usually occurs sometime during the last three weeks of January.

Meanwhile, temperatures dip and sway and hover both above and below freezing. That makes for some unpleasant conditions in the vicinity of BLMH. Currently there is the following outlook for today by the National Weather Service:

Hazardous Weather Outlook

HAZARDOUS WEATHER OUTLOOK
NATIONAL WEATHER SERVICE CHICAGO/ROMEOVILLE IL
349 PM CST THU JAN 7 2016

ILZ003>006-008-010>014-019>023-032-033-039-INZ001-002-010-011-019-
082200-
WINNEBAGO-BOONE-MCHENRY-LAKE ILLINOIS-OGLE-LEE-DE KALB-KANE-
DUPAGE-COOK-LA SALLE-KENDALL-GRUNDY-WILL-KANKAKEE-LIVINGSTON-
IROQUOIS-FORD-LAKE INDIANA-PORTER-NEWTON-JASPER-BENTON-
349 PM CST THU JAN 7 2016 /449 PM EST THU JAN 7 2016/

THIS HAZARDOUS WEATHER OUTLOOK IS FOR NORTH CENTRAL ILLINOIS...
NORTHEAST ILLINOIS AND NORTHWEST INDIANA.

.DAY ONE...TONIGHT.

AREAS OF FOG WITH PATCHY DENSE FOG ARE POSSIBLE TONIGHT.

PORTIONS OF THE ILLINOIS AND KANKAKEE RIVERS REMAIN IN FLOOD.

.DAYS TWO THROUGH SEVEN...FRIDAY THROUGH WEDNESDAY.

ACCUMULATING SNOW IS LIKELY FOR MUCH OF THE OUTLOOK AREA SATURDAY
AFTERNOON AND NIGHT. A HIGH AMOUNT OF UNCERTAINTY REMAINS WITH
THIS WEATHER SYSTEM TRACK AND THUS THE DURATION OF ANY SNOW.
CONTINUE TO MONITOR FUTURE OUTLOOKS AND FORECASTS.

PORTIONS OF THE ILLINOIS AND KANKAKEE RIVERS WILL REMAIN IN FLOOD
THROUGH THE WEEKEND.

.SPOTTER INFORMATION STATEMENT...

SPOTTER ACTIVATION WILL NOT BE NECESSARY THROUGH TONIGHT.

&&

$$



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