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

Friday, October 20, 2017

Winter Weather Predictions 2017-2018


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It is fall and the NOAA has released the temperature and moisture predictions for winter. The Midwest has a change of more moisture than usual.

"October 19, 2017 Forecasters at NOAA’s Climate Prediction Center released the U.S. Winter Outlook today, with La Nina potentially emerging for the second year in a row as the biggest wildcard in how this year’s winter will shape up. La Nina has a 55- to 65-percent chance of developing before winter sets in." -- NOAA

Our association is sending owners the "Winter Tips" as part of the newsletter, which will be issued to residents and offsite owners in a week or so. The updated version will also be posted on the official BLMH website.


Temperature prediction

Precipitation prediction



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