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

Thursday, October 14, 2021

BLMH October Association Meetings

 

Portal Contents and Posted Meeting Agendas 
October 14, 2021  10:30 am

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I went to the official Association portal to get the agenda for tonight's meeting. There was none posted. That would be the only place because of the shutdown by the board of the official BLMH.org website. 

The only agenda posted was the one for the meeting of September 9, 2021.  See the screen shot taken above.

I sent an email to the property manager and the service manager. 

I got an email reply from the service manager at 10:37am.  "please check now".  I could not find the agenda. I was told to go to the calendar.  By clicking I was able to get to a link. It is not yet in the documents section.

To get to the agenda, go to the calendar, click on the block on the 14th "Briarcliffe Lakes Bo...." and it will open a text box. Scrolling to the bottom, there is a download link. Using that, I was able to get to the agenda for tonight's meeting.  The Zoom login is also in that text box. 

BRIARCLIFFE LAKES MANOR HOMES CONDOMINIUM ASSOCIATION BOARD MEETING AGENDA

October 14, 2021

I. Nomination of Board Positions 

II. Approval of the September 9, 2021 Meeting Minutes

III. Treasurer's Report 

IV. Work Orders

V. Sales Report

VI. Correspondence

a. 4 emails correspondence 

VII. Old Business

a. Front Entrance (email)

b. Sealcoating Schedule (update)

c. 1661 Dover Ct Foundation repair (update)

d. Water Main Proposals (pending)

VIII. New Business (action items)

a. Tree Removals Revised (Sava Tree)

b. Plumbing Proposal (Hydro Jetting)

c. 2022 – 2026 Landscaping proposals

d. 2021 – 2023 Snow Removal Proposal

e. Management agreement 

IX. Committee Reports

a. Rules & Regulations 

b. Architectural & Maintenance

c. Newsletter

d. Landscaping 

e. Welcome

f. Water Main

X. Homeowners' Comments

XI. Executive Session 

a. Violation report (hearing for census fine)

b. Board Member Oath

c. T606B Legal Opinion (Board discussion)

d. Delinquent accounts

XII. Adjournment


BLMH Portal Calendar - October, 2021




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