Quote:
Originally Posted by Bowtorc
The raising of fees brings to mind a few questions:
There was no mention of such a need two years ago when we purchased. Now they can see 10 years ahead?
What are the monies used for by item?
With a 70 million dollar budget I was expected to have a cost reduction program. What has been done in the villages?
Will we all be paying for new facilities south of 44?
The contract we signed when purchasing was no good? So I can decide also what I want to change, like bond?
The presentation for raising rates stated that failure to raise would result in a loss of 50 million. It could very easily be taken to mean we would be 50 in the hole. This should be a prediction of our current status in 10 years.
I seriously doubt that anyone can predict ten years ahead!
Are we allowed to see a line item of past and future budget and actual?
Are we being asked for such a large raise in anticipation of all settling for something less?
I understand that 40 50 dollars per month would be no problem for some but a significant problem for others A 25 % increase for such a short term seems a little much.
I also understand that some will take issue with my concerns but I think several others would also agree.
Just my opinion.
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This post reminds me of recent complaints after table tennis club members were advised that Laurel Manor Recreation Center will be closed for the month of July, ostensibly to replace rugs that appear to be in excellent condition. In this regard, periodic refurbishing on a rotational basis of all Villages Recreation Centers occurs, apparently regardless of necessity or cost. During maintenance, all scheduled activities are cancelled. At Laurel Manor, there are 8 table tennis tables usually occupied four times each week by more than 40 players. Recreation Center rooms used for table tennis (and numerous other activities) have wooden floors and separate exits outdoors. Do others share concerns about questionable amenity fee expenditures and curtailment of scheduled activities?