Tuesday, April 5, 2011

McKay's Mill Doesnt Add Up

Dues Increase For 2011

Postby clawrence » Sun Nov 07, 2010 5:13 pm

The budget numbers we were sent don't seem to make sense. For example...

2010 Actual to 9/30 Lawn Care is 46,500

We budgeted 75,600, but we're estimating we will spend 176,400 next year.

It's the same with water. We spent 13,130 (half of what was budgeted) by end of Sep but we're estimating we will spend 80,500 next year. There is no explanation offered as to why these budget numbers went up by 150,00.

These are whopping increases in budget, and the board is asking for a 30% increase in dues for next year. That is a lot to ask in a recession. The Federal Reserves move this week guarantees we are all going to be paying higher food, gas, and clothing prices next year. Those who pay dues to other sub-associations will most certainly be told they have to pay higher fees as well. Dues pricing affects home resale values.

I do not support such a large increase in dues, until there is a better explanation offered as to what we're paying for. I'm looking at surpluses over budget this year in water and lawn care and huge increases next year. The numbers don't add up.

2 comments:

  1. something is sure wrong over there

    ReplyDelete
  2. gives me cause me to wonder where they attended school or bought their way out of having to attend school

    ReplyDelete