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Old 03-31-2014, 11:43 AM   #18531
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Tonight is the condo association's annual meeting. I'm putting off prepping to give the treasurer's report. Maybe after lunch...
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Old 03-31-2014, 12:00 PM   #18532
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Tonight is the condo association's annual meeting. I'm putting off prepping to give the treasurer's report. Maybe after lunch...
I'm gonna guess that you are all caught up on the bookkeeping.
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Old 03-31-2014, 12:08 PM   #18533
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I'm gonna guess that you are all caught up on the bookkeeping.
I don't do the actual debits and credits. The property manager has a staff that does that stuff. I work with him to prepare the annual budget, direct expenditures, recommend investments for our funds, etc.

Our year ended on 12/31. The auditor has prepared financials for the association. Tonight at the annual meeting I make a short presentation to residents on the high points of last year's finances. I discuss variances vs. the year's budget, savings, major projects, etc. Then I discuss the new year's budget and reasons for any changes. We had a 5% fee increase this January. The first increase in three years.

Along the way, I answer questions that may come up. As we are in very good financial condition and don't often raise condo fees, residents are comfortable with what we're doing.
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Old 03-31-2014, 12:14 PM   #18534
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Originally Posted by Andy M. View Post
I don't do the actual debits and credits. The property manager has a staff that does that stuff. I work with him to prepare the annual budget, direct expenditures, recommend investments for our funds, etc.

Our year ended on 12/31. The auditor has prepared financials for the association. Tonight at the annual meeting I make a short presentation to residents on the high points of last year's finances. I discuss variances vs. the year's budget, savings, major projects, etc. Then I discuss the new year's budget and reasons for any changes. We had a 5% fee increase this January. The first increase in three years.

Along the way, I answer questions that may come up. As we are in very good financial condition and don't often raise condo fees, residents are comfortable with what we're doing.
Well if you ever need a second opinion on income/expenditures, drop me a line. I'm very good at misappropriating funds for personal enjoyment.
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Old 03-31-2014, 12:16 PM   #18535
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Well if you ever need a second opinion on income/expenditures, drop me a line. I'm very good at misappropriating funds for personal enjoyment.
I'll make a note of that. Thanks for the offer.
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Old 03-31-2014, 12:19 PM   #18536
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I'll make a note of that. Thanks for the offer.
I'll keep the car running
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Old 03-31-2014, 04:54 PM   #18537
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I'm trying my darndest to avoid cleaning the bathroom, but I have to get back to it. The TB cleaner has been in the bowl so long I'm afraid it might be melting the porcelain. Back to work. Yuck. Seems I have a bit of Maynard G. Krebs in me.
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Old 03-31-2014, 05:00 PM   #18538
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Wow, taxy....you and your family missed that one by a hair.
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Well, I think they moved to Orange County in the late '80s.
I spoke with my sister today. She was on business on the East Coast when that recent quake hit. She lives 5 miles from the epicentre.

Some stuff fell off of shelves. Some stuff, surprisingly, didn't fall. The only damage was some CD cases. A porcelain vase and a crystal vase fell on carpet with no damage!
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Old 03-31-2014, 06:43 PM   #18539
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just scratching my head...I am a 3 week old customer of Century Link for my Internet service, and I "am having connectivity issues". Technician was here a few hours..can't see the problem, says it is not at my house or even local. He left. Guess I just watch the modem for signs of life? Meanwhile I have started to use a neighbors airwaves.
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Old 03-31-2014, 07:06 PM   #18540
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I just tried to move the slate and steel coffee table with my knee...you know I didn't move it AT all.
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