OPA has pretty much always operated on the premise that users of our business amenities should, at a minimum, cover the operational side and at least break even. That's the generally accepted goal anyway.

Depreciation is included in the assessment we pay and one can certainly debate whether all association members should pay the depreciation associated with business amenities like the pools, golf course, YC, etc. OPA has operated on the premise that amenities add value to properties, whether an individual member uses an amenity or not. Thus all members foot the bill on depreciation, while users of business amenities are expected to spend enough to break even on operations.

We are all too well aware this doesn't always happen at the individual business amenity level. What saves the business amenities from a cumulative level major loss is Beach Club parking, as well as any operational profit at the Beach Club, or marina. OPA points to the cumulative profit/loss on business amenities as being ok. Certainly one can express a problem with that approach. As Norm might say, Beach Club parking revenue enables bad management of our other businesses...... but I'm not interested in debating that issue at the moment.