Architectural Control Committee Steve Heidt Jim Medinger James Vander Heyden
Tonights Agenda Introduction – Mission- Help Wanted 2012 Fiscal Report Questions about Financial Report New Annual Fee Procedure Changes in the Neighborhood Pond Clean-Up, Muskrat Removal Complaint Process Questions
LCHA Mission To maintain the subdivision as a safe, aesthetically pleasing and economically vibrant neighborhood. To work within the parameters of the covenant, including maintenance of the common areas and providing appropriate communication and information to our residents.
Fiscal Year 2012 Finances Original budget expenditures were projected at $20,175.00 The majority of these expenses encompass: Legal fees associated with placement of liens Insurance Mill Road Sign Repair Maintenance and Improvements Lawn Care Pond repair and maintenance Muskrat Removal Actual budget expenditures were $17,749.27
Fiscal Year 2012 Finances Checking Account Balance from 20117,764.57 20112010 Budget CategoryProjectedActualBudgetActual Revenue BalanceRevenue Dues (119 x $175)20,825.0019,600.001,225.0014,825.0010,940.00 Dues - Past Years0.00475.00 Late Fee Payments0.00315.00 Misc.0.00 4,025.100.00 Total Income20,825.0020,390.001,225.0018,850.1010,940.00 20112010 Budget CategoryProjectedActualBudgetActual Expenses BalanceExpenses Association Volunteers75.00 0.00 Bank Fees0.00 45.000.00 Contingency Fund1,000.00 Events ($375.00 total) Easter Egg Hunt75.00 67.9367.55 Subdivision Cleanup150.00 25.10157.02 Fall Picnic0.00 303.75 Annual Meeting150.00190.00(40.00)0.00190.00 Insurance - Subdivision925.00891.0034.00891.00990.00 Lawn Care8,000.004,778.403,221.606,618.007,867.20 Legal Fees (Rechlicz/County)500.00130.00370.00(188.37)2,377.50 Maintenance/Improvements1,200.00 0.004,935.00 Pond Issues Phase IV Survey - PJ Burbach paid 1,474 *0.00 726.000.00 Pond Surveys Remaining Phases (2500/yr) *2,300.00 0.00 Pond Clean Up *2,400.001,769.08630.921,000.000.00 Muskrat Removal *2,500.002,400.00100.002,400.000.00 Signage200.007,202.20(7,002.20)0.00 Supplies/Stamps/Envelopes/etc.150.0094.8055.2092.27260.39 Tax Preparation150.00135.0015.00135.00130.00 WE Energies250.00148.79101.21186.33a.250.79 Misc. (WI Dept. of Fin. Instit. - Yearly Report Fee)150.0010.00140.0010.00312.15 20,175.0017,749.271,425.7312,008.2617,841.35 Annual Reserve650.00 Total Checkbook Funds10,405.30 Money Market Fund Total14,980.30 Total Funds25,385.60 NOTE: Fiscal Year 2012: 1/1/12 - 12/31/12 a. WE Energies - no charges/mth beginning in October 11 to 4/12 due to Mill Rd. construction - sign was inoperable b. Beginning 10.16.12, $6.00/mth will be debted from our savings acct. for website license. 2012 NON-PAYING CLIENTS - 7 totaling $6,110, COLLECTED $725 2011 NON-PAYING CLIENTS - 9 totaling $4,750, COLLECTED $825 2010 NON-PAYING CLIENTS - 8 totaling $3,400, COLLECTED $0
Fiscal Year 2012 Finances Revenue from annual dues (fees) Revenue (fees) projected - $20,825.00 Revenue (fees) paid – $19,600.00 Dues from past years - $475.00 Late (fees/Dues) paid - $315.00 Money Market interest - $15.00 Accounts Receivable (owed) Past due fees for FY 2012 – $1,225.00 Past due Late fees for FY 2012- $525.00 NEW DATES 1. 2/01/13:$75 late fee is applied to accounts if annual fee payment is not made 2. 2/15/13:Letter of non-payment of fees sent to homes 3. 3/01/13:Lien intent letter mailed 4. 3/01/13:Lien placed on home if amount owed totals $500 with late fees
Fiscal Year 2012 Finances Beginning Checking Cash Balance - $7,764.57 Ending Cash Balance - $10,405.30 Money Market Fund - Balance $14,980.30 Fiscal year 2012 interest earnings: $15.00
Contact Information Barb Breed-Heidt LCHA Treasurer 262-252-3538 firstname.lastname@example.org
Changes in the Neighborhood A petition for new four-way stop signs to be installed on the following intersections, Marach Dr. / Crestwood Dr. and Marach Dr. / Daylily Dr. resulted in the approval of the Marach Dr. / Crestwood Dr. only. As Marach Dr. / Daylily Dr. has a cul-de-sac on the southern portion, the MF Police Dept. felt that a four-way stop on this intersection was unnecessary. The Board wishes to thank all involved in attaining these stop signs.
Complaint Process If you have concerns about a neighborhood issue, please email the board directly. We will promptly discuss all issues with you directly and work together towards a solution. You can email us at email@example.com or view the website and you will see our individual email addresses firstname.lastname@example.org You should contact the Board only after you have made a reasonable attempt to communicate your concern directly to you neighbor.
Ask Yourself? Is it Illegal? ( call the Police) Is it something I can discuss directly with my neighbor? - Have I tried to resolve it myself? Is it a long term problem? or a Temporary Condition? Have I checked the Website and Subdivision Restrictions - by Phase? Does it really affect long term home values? Is my concern subjective or Objective? Am I willing to spend money on it?