Talk of The Villages Florida - View Single Post - Side Striping Multi-Modal Paths
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Old 07-13-2015, 10:45 AM
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EnglishJW EnglishJW is offline
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Quote:
Originally Posted by billethkid View Post
What some residents will have to learn is that there is not an endless supply of money to keep adding expenses to a budget that for all practical purposes has a fixed source (you and me and our annual contribution).

The attitude of some stating it is only $4 more per month per person is seriously flawed thinking. It is absolutely an option.....as long as residents understand to free up $300,000 from the budgeted amount to do striping of cart paths then something else amounting to $300,000 has to be deleted from the budget. If not then there will be an increase in amenity or what ever fees contribute to the funding.

The single biggest threat to TV life style remaining as what we all bought into is run away expenses with increasing resident fees to accomodate the whims of some number of residents.

I have personally been involved with transition teams shifting ownership from developers to residents. The developer, like it or not has a budget discipline. They also have many expenses that they subsidize that go away when they do. Once the developer is out of the picture then residents find "things" they would like to have added, improved, made bigger, prettier and on and on.
Anything is possible. As long as residents understand there is only a fixed amount of money available (from the residents). Adding a projedt not bugeted means taking something else away OR raise fees. Some delude themselves into having a special assessment for their favorite project ending up with the normal fees plus the assessment (which may go away after some specified time period...but usuallly do not).

I take the time to spell out my views on the subject because far too many people think a community can absorb all the costs. The can....when the fees are increased.

How about fees going from the roughly $300 per month we pay now to double that amount? No way that could happen here in TV? Yes it can and will if we do not DEMAND a fiscal financial responsibility. I have lived through a doubling of annual fees after a departing developer in the past.

Maybe while TV developer is still involved we might not experience any assessment or increases.....maybe.....$300,000 is a lot of money that has to come from some place.

If it were 100% resident funded are you willing to make monthly payments to have it done? If not then you better make yourself heard.

The silent majority can ONLY LOSE!!

I vote no striping. The end does not justify the a $300,000 expenditure or $30,000 either! Just drive the paths as some of us have for the last 12-20 years of being here. Don't get sucked into an emotional sales job!
Thanks for your work & effort. I agree with your comments.
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