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, December 2, 2018

The board finally decided to let owners know who they are and their positions



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I went to the official Association website and lo and behold the board finally directed management to post information about the new board and their assigned duties. It took 60 days, but it is better late than never.   I've had owners asking me about how to contact the new board. I've told them to go to the old newsletter or contact management.  The problem is, the board president doesn't use email with owners. Nor has she released a phone number to the owners. She's been on the board for decades, but for a three year sabbatical when she was booted by the owners. She returned in 2011 when she was appointed to the board by the board, and is now operating as she did prior to 2008.

To provide some insights into her skewed notion of the state of the association finances, she stated in the January 2012 newsletter that "...we are trying very hard to keep the fee increases to a minimum without decreasing services."  Well, now that she is again president that idea went out the window! We're back to the old "raise fees and to hell with the owners."  The pitched battles about all things began when I assumed the presidency in 2015. It was the lock-steppers versus the rest of the board.

Why the communications delay?  The new president has bizzare attitude about communications with owner. I told her repeatedly that if board members want to operate as far in the past, then they should consider riding around in a horse and buggy and communicate via telegraph.  Frankly, I would have pressed the board for improved minimum standard but that was not required according to the individuals who are the current president, and the vice-president and secretary all approached these things in lock-step.

You will notice some very important information is missing in this list. So what's missing?  There is no address or other contact information.That is not surprising as this president has a long history of arguing against communications with owners. She has gone so far as to state that  "If owners want to know what's happening they should come to meetings."  On the other hand, she doesn't like it when owners come to meetings. While I was promoting the newsletter I told her and other board members that if the board doesn't want large numbers of owners to come to the meetings then it would be more effective to put out good newsletters. Furthermore, boards are prohibited from creating sub-groups of owners. I was always concerned that the social club had an activist purpose, which it once did. In a group of 20 three or four board members participated. I cautioned the boards repeatedly against discussing HOA business during the club meetings or with supporters on the telephone. I instructed the boards to invite these people to board meetings. But they seldom came.  I was told repeatedly in all matters "This is not how I did things as president".










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