Comments on: Glenbrooke Homeowners Association Finances http://www.glenbrookenews.com/2010/07/07/glenbrooke-homeowners-association-finances-2/ Bringing Neighbors Together Fri, 10 Feb 2012 18:03:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: NormaLee http://www.glenbrookenews.com/2010/07/07/glenbrooke-homeowners-association-finances-2/comment-page-1/#comment-1436 NormaLee Fri, 09 Jul 2010 15:28:53 +0000 http://www.glenbrookenews.com/?p=5708#comment-1436 We would also like to thank Pulte for making the deficit a non-issue, but must make sure that we live within our budget this year. Pulte will not always make this a non-issue. If we have some large expense that was not budgeted for, then we revise the budget. If we don't you can expect dues to increase or have an assessment. In doing some research regarding reserves, it is suggested that 20% of dues go to reserves. Seems reserves is the slippery one that gets many HOA's in trouble. One item that someone needs to do some research on are the fences....cement (block), iron, wood that surround Glenbrooke, including the parks, ones facing Whitelock, etc. Are they our responsibility or the cities? If ours, that is not being covered in the reserves. I'm getting comments that it's our headache, but it's not from the horses mouth... so to speak. If I remember correctly, Pulte said it was the cities responsibility. ???? Thank you Jim for all the hard work..even though you enjoyed it and I believe it was also an unpaid position. Sometimes I'm lax in getting the thank you's out from this little household...owe you a Starbucks! We would also like to thank Pulte for making the deficit a non-issue, but must make sure that we live within our budget this year. Pulte will not always make this a non-issue. If we have some large expense that was not budgeted for, then we revise the budget. If we don't you can expect dues to increase or have an assessment. In doing some research regarding reserves, it is suggested that 20% of dues go to reserves. Seems reserves is the slippery one that gets many HOA's in trouble.

One item that someone needs to do some research on are the fences....cement (block), iron, wood that surround Glenbrooke, including the parks, ones facing Whitelock, etc. Are they our responsibility or the cities? If ours, that is not being covered in the reserves. I'm getting comments that it's our headache, but it's not from the horses mouth... so to speak. If I remember correctly, Pulte said it was the cities responsibility. ????

Thank you Jim for all the hard work..even though you enjoyed it and I believe it was also an unpaid position.
Sometimes I'm lax in getting the thank you's out from this little household...owe you a Starbucks!

]]> By: Sebastian Lampe http://www.glenbrookenews.com/2010/07/07/glenbrooke-homeowners-association-finances-2/comment-page-1/#comment-1432 Sebastian Lampe Thu, 08 Jul 2010 16:37:57 +0000 http://www.glenbrookenews.com/?p=5708#comment-1432 Thanks Jim, the first thing that I noticed is that the deficit went down to $18000 from $42000 in the restated statement. We still have to focus on a balanced budget and full disclosure as you have indicated. Sebastian Thanks Jim, the first thing that I noticed is that the deficit went down to $18000 from $42000 in the restated statement. We still have to focus on a balanced budget and full disclosure as you have indicated.
Sebastian

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