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, May 25, 2016

Instant Summer




Bookmark and Share


It was only a few days ago we had a nighttime low of 35F (2C). Yesterday the high was 89F (32C) . Currently it is 85F (29C). This morning the humidity was 71%. Seems more like Florida than Illinois!

The thunderstorms are on the way:
... Special Weather Statement for northeastern Kendall... southern
dupage... northwestern will and southeastern Kane counties until 515
PM CDT... 

At 427 PM CDT... Doppler radar was tracking a strong thunderstorm near
Aurora... moving northeast at 30 mph.

Nickel size hail and wind gusts of 50 to 55 mph will be possible with
this storm.

Locations impacted include... 
Aurora...               Naperville...           Bolingbrook... 
Wheaton...              Downers Grove...        Elmhurst... 
Lombard...              Romeoville...           Plainfield... 
Addison...              Oswego...               Glen Ellyn... 
Westmont...             Lisle...                Villa Park... 
Hinsdale...             Lemont...               Burr Ridge... 
Oak Brook...            Willow Springs...       

Including the following interstates... 
 I-55 between mile markers 265 and 276.
 I-88 between mile markers 117 and 139.
 I-290 between mile markers 11 and 13.
 I-355 between mile markers 12 and 27.

This includes...   Argonne National laboratory... Aurora University... 
benedictine University... College of dupage... IL math and science
Academy... Morton Arboretum... and Wheaton College.
 
Precautionary/preparedness actions... 

Torrential rainfall is also occurring with this storm... and may lead
to flash flooding. Do not drive your vehicle through flooded
roadways.


Lat... Lon 4188 8792 4172 8791 4161 8830 4177 8841
      4194 8793
time... Mot... loc 2127z 242deg 27kt 4173 8827 

Enderlen

No comments:

Post a Comment

Please leave a comment!

Note: Only a member of this blog may post a comment.