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, May 31, 2019

About those dying shrubs - communication to owners


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The previous post was about the most recent association newsletter and the board generated Landscaping Report. That report included the statement that "The bushes along most of our buildings are infected with an Asian beetle. Every hedge must be removed. This will occur in late spring."

The Spring 2019 newsletter article about these shrubs is not the most recent. In fact, the first article about this was written in 2017.  As as the case with many other newsletter articles, I was the "ghost writer" for the August 2017 article.

Here's a link to the previous post:

http://briarcliffelakes.blogspot.com/2019/05/about-those-dying-shrubs.html

Here are the newsletter articles or comments contained in the newsletters from 2017 and 2018. I frequently "ghost wrote" articles with the respective board members permission because had I not done so, there would not have been an article.  Click on the images to enlarge:

From newsletter published in August 2017

From Newsletter published in April 2018

From Newsletter published September 2018 - my final newsletter
Here's a couple of photos I took about this problem in 2017 which were formally submitted to the entire board with the monthly "board packet":





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