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

Saturday, March 18, 2017

The Ducks are setting up Housekeeping






Spring isn't far away, in fact the Spring Equinox will be early in the morning of March 20. As usual, we get a range of weather at BLMH this time of year. Today it is overcast and 43F. Just three days ago it was much colder and we had a fine dusting of snow. There was a sufficient amount over two days that the bobcats arrived and cleared the driveways. That was supposed to be a major winter storm, but it was mostly confined in this area to lake effect.

Today the ducks are setting up housekeeping, in anticipation of the restart of the water falls and the stream. They do want ring side seats. What a difference a few days makes.

Ducks at Waterfall #1


Here's the same view three days ago. The waterfall is in the center of the photo and hidden by about 1/2 inch of snow:



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