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, November 12, 2017

Kidde Disposable Fire Extinguisher Recall


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A recall has been made of two styles of Kidde disposable fire extinguishers. There is additional information on the Kidde website and a link is included in this post.

From the Wheaton Weekly November 8, 2017:


"State Fire Marshal Warns of Fire Extinguisher Recall


The Office of the State Fire Marshal warns of an important recall notice for Kidde brand fire extinguishers due to a failure to properly activate during a fire emergency. The recall affects 134 models of Kidde fire extinguishers manufactured between January 1, 1973 and August 15, 2017. Affected consumers should immediately contact Kidde for a free replacement fire extinguisher. Contact Kidde toll-free at 855-271-0773 or go to www.kidde.com and click on “Product Safety Recall” for additional information."


A summary from the Kidde website, Kidde Copyright © 2017. All rights reserved. The information below is provided as a public safety notice. Go to the Kidde website for complete information and how to identify the affected extinguishers and what to do.


Kidde Logo | Product Safety Recall

"Summary: This product recall involves two styles of Kidde disposable fire extinguishers:
  • Plastic handle fire extinguishers
  • Plastic push-button fire extinguishers
This Recall does not include Kidde Professional or Badger branded fire extinguishers. Units with metal handles/valve assemblies are not included in the recall."

Read the Full Announcement on the CPSC Website (Opens in a new browser window)

Frequently Asked Questions (Opens in a new browser window)



Here's the Kidde website recall link:


https://inmarmarketaction.com/kidde/Kidde284US/

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