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, December 20, 2017

Another disaster!



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I guess it's over?

This is apparently my next opportunity to suffer mightily. Some at BLMH apparently would say "Life is Hell."

The tax bill is supposed to pass and I have it on good authority it will be "Armageddon....like Death" to quote politician Pelosi. Politician Schumer says it is an "absolute catastrophe."

I have it on good authority from the same people that I barely escaped "Death camps" a short time ago. Meanwhile, the Dreamers are all headed to "Concentration Camps".

I must has missed the end of the world in November when Nibiru, or Planet X, supposedly influenced the earth.

 I think I'll watch the Wizard of Oz and sing along with Dorothy and her Merry Band: "Lions and Tiger and Bears...Oh My!" Perhaps I should also watch that portion of the movie and "Pay no attention" to the charlatans behind the curtain?

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