President’s Report – November 2017
I watched the World Series and attempted to write my monthly column. The series was pretty exciting. My column not so much. But we can consider it necessary information.
At the November 13 Board Meeting we will review the final draft of the 2018 Budget for approval. On the expense side this budget will include anticipated contracted increases from our major vendors, mandated minimum wage increases for our seasonal employees and a recommendation to make a Reserve contribution that approaches full funding outlined in our annual reserve study. This past year the work of the Long-Range Planning Committee (Andrea Durbin, Steve Brunette, Eric Souder, Josh Finlay and Mark Sherard) to identify the capital projects in conjunction with better cost estimates have given us a better handle on necessary expenditures over the next 3-5 years. To cover these increases, it looks like we may need to incorporate a very modest increase to dues.
We will discuss all of this at our next meeting. Once approved by the Board, a copy of the Budget will be sent to everyone along with the Executive Summary of the Reserve Study. There will be the opportunity for formal commentary at the Budget Ratification Meeting that will be scheduled before the Board Meeting on December 11.
For the last two years, Cat Burns has done a great job coordinating the signature events we value as a community. Thank you, Cat! Events Chair is an Board appointed position and Cat has unfortunately given us notice that she will finish her tenure in February. So……that means we need to find someone (or two) to replace her.
We all love the annual events in our neighborhood but we can’t have them unless volunteers step up to make them happen. There are probably a variety of ways we could organize the effort. If you are interested in learning more about The Events Chair position or have ideas about how we can continue these neighborhood traditions, please contact Brooke Walker or me.
Speaking of neighborhood traditions —the Halloween party/pre-trick or treat function was another fun event. It was a great chance to see all the kids in their costumes, play some games and get some food and drink to sustain ourselves through the frenzy of trick-or-treating on the Valmay/15th Ave loop. The sad fact is that it was almost cancelled until Karen Bombino volunteered to coordinate things and others stepped in to make it work. We owe our volunteers a big thanks!
Continuing on the theme of volunteerism, here is a reminder that there are three board positions up for election for 2018. We are still talking with individuals who are considering Board service. Please contact anyone on the Board if you want to learn more. It’s another great way to get involved in our community.
Well my column is done and the Astros won their first World Series in franchise history. Very exciting.