3/2/2012 12:11:09 PM
Reply
or ReplyNewSubject
Section 5: OPA Board Subject: Henny Youngman and OPA Msg# 823131
|
||||||
When grouped together and divided out by 365 days it is not much. I do not have the time to pull out the statements because I have to catch a flight. My guess is it is around a $100,000.00 in negative operating cost not including the Community Hall
Marty: Thanks for answering the question I posed to Joe on the net losses from the ammenities after the profits from the other ammenities were considered. At roughly a 100 grand , it cost each lot owner $11.84 per year after grouping them all together. I agree with you that we should make a profit on all our ammenities and if that includes shutting the YC down in the winter, or anything else that makes sense to the BOD and GM to try to stem the losses. If the YC, pools, and golf course can make profits that would ease up the assessments no doubt. But until then, my point is that it is not that bleak of a picture. Yes, if I had stock investments in those operations the prudent thing would be to sell but the better idea it to stop the bleeding so it does not affect my property values. Thanks again for your response. Bill |
||||||
|
||||||
For reference, the above message is a reply to a message where: Bill: "All grouped together what is the net?' When grouped together and divided out by 365 days it is not much. I do not have the time to pull out the statements because I have to catch a flight. My guess is it is around a $100,000.00 in negative operating cost not including the Community Hall. "lets look at the red ink and the black ink just as we do with our own investments and bank accounts" Bill, if you had stock investments in our Yacht Club, Golf Operations, and our Aquatics Department I believe you are smart enough to know when to SELL! Marty |
Calendar |
Special Board Meeting - Board Room
11/25/2024 - 7:00 P.M. 3 days or less away! |
OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |