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RobertR1
(South Carolina)
Posts:5164
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| 12/15/2007 5:54 AM |
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Susan,
I don't know about the best and brightest governing the organization, but on the other hand you may be spot on. Maybe that is why HOA's have so much trouble, maybe we need to balance this out a little and add a representative or two from the dumbest and dullest. That would open the field for me.
Seriously, it is a hell of a job, and developing the mind set needed to live comfortable with the CC&R's is no snap either. It is just a shame that the rule of the best and brighest serving on the Board has totally or partially passed my association more than once. They only thing I am sure about is, "I'm okay," but I got my doubts about all the rest of you. |
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RobertR1
(South Carolina)
Posts:5164
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| 12/15/2007 6:05 AM |
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Donna,
I still think each budget should have a section that states last years budget has been gone over item by item to examine how the owners can be better served and money put to better use and to actively seek ways to save money. When they find these things, cite them individually.
The budget as presented to the owners is cold and sterile. No wonder folks like to wave it around at annual meetings, all it is, is numbers.
New subject. How can we make the Budget more appealing and digestible?
I know what a budget is supposed to contain, but can't we be a little inventive. |
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DonnaS
(Tennessee)
Posts:5671
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| 12/15/2007 8:40 AM |
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Hey Robert,
In an ideal world, everyone who has to pay these dues would be interested in sitting down for an explaination of their Budget. HA! What world is that?
We give our residents THREE (3) opportunities to be part of the process. The daytime show of members is usually 1 or 2. The nighttime show of members, usually 2 or 3 for the workshops.
Don't forget, in Florida, the membership is required by State Statutes to have a copy of the budget, 14 days prior to the meeting where it will be passed or rejected. 14 days!!!! Before that, they have had 6 weeks of workshops. 6 weeks!!!.
Now, what other means should or could we take to let them be part of the process? I guess hogtie and guns might do the trick but I hear that is against the law.
Because I am a budget person, I get really mean and ugly when anyone of us gets questioned about stupid stuff like "How come the dues went up" ARRRGGGGG!!! |
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PatrickH
(California)
Posts:204
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| 12/15/2007 8:53 AM |
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Hi Robert,
It's tough to make a budget look anything but cold and sterlie, after all, it's just a bunch of numbers!
One thing I did when I was Treasurer was to make two visual aides, one a bar graph, one a pie chart. I titled them "Where Do My Dues Go?". I broke down the monthly dues into every item on the budget, from each individuaal Reserve item to every operating expense. I'd shade the Reserve items so folks could see the difference between operating expenses and reserve deposits.
Even though our annual budget report already had all those items broken down by cost for each unit, putting the same information into a graph or chart seemed to make it more understandable for the members.
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