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

Sunday, April 30, 2017

April Showers and May Flowers


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Well, it's been a bit wet and cool lately. Currently 100% humidity, raining lightly and 44F. But I see that the humidity is dropping and now is only 97%.

We've received about 1.8 inches of rain in the past 24 hours according to the National Weather Service. Some standing water, but no flooding nearby.  Currently, it is predicted that we'll get another 0.9 inches by  7am tomorrow morning.




The 10 day forecast indicates mild weather ahead:



So what are the consequences here at BLMH? We do have some standing water. Most notably at a few of the curbs. As for the "mosquito glade" which was repaired last year, we no longer have a large, muddy area and while there is some standing water on the walk, it is minor and I expect it will dry quickly once the rain stops. I donned my Marmot rain jacket, stood in the middle of that wet walk in my gym shoes and put up a couple of flags; I'll check the actual condition tomorrow. However, this is an old section of walk and we do get about 1/4 inch of water at a variety of sections.

Could we eliminate all standing water? Possibly, but at what cost, and to what purpose?





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