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Daybreak 2009 Budget information

By Scoop, on 16-10-2008 10:26

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    Here is a copy of the proposed Daybreak 2009 budget, as you can see due to the decline in home sales and HOA fees outstanding we have a budget deficit and some cuts will need to be made. I am also attaching a worksheet that lists the budget adjustment suggestions made by the residents at the meeting and a copy of the HOA agenda for the budget workshop meeting which has details on the CCMC headcount in the community and the newly requested positions, the HOA fee delinquency total, and other areas of potential reductions that could help reduce the budget deficit we are facing.   

 

I also sent a note off to the KL management team with the following budget reduction requests: 

 

1.   Newsletter - quarterly instead of monthly (already on the list of being reviewed I believe), a savings of $76,449..

 

 

2.   Tree replacement - Any trees west of Oakmond in Founders Village and in Eastlake Village should be paid for by Valley Crest considering the HOA office did identify all the dead trees in late spring/early summer before the warranty expired, however action was not taken because the ideal time of year to replace the trees (early spring) had passed. Kennecott Land should be able to require Valley Crest to replace these which would save about $29,000..

 

 

3.   Security - I believe most residents feel that the only security we need is the lake security, we can get rid of the patrol security which would be a savings of about $95,000. AND please note we can work together (the HOA, the BOD, and the HOC) on supporting the neighborhood watch program and I would be willing to work with the city to get them to beef up evening patrols in our neighborhood. .

 

 

4.   Programs -  We should eliminate the entire programs staff, the Lifestyle Director (Party Planner) position, and the 3 assistants that CCMC is looking to hire, this would save $110,000. My proposal is to have the programs committee be comprised of and ran by Daybreak residents and the new DCC assistant club director serve on the committee as a coordinator, not a leader. .

 

 

CLICK READ MORE TO SEE THE REST OF THE ARTICLE

 

5.   Park Equipment - I believe that taking the $30,000 out of the budget for the park equipment would be a huge mistake in the progress we have made in making the parks in Daybreak more family friendly, so I urge you not to remove this from the budget. .So if the BOD were to act on these recommendations the TOTAL savings would be $310,449, and between these adjustments and the other recommendations I am sure Bruce and his BOD team can crunch the budget numbers make the budget fit the REAL needs of the community and without having to increase any HOA fees for 2009..  

 

On another note, I requested the Kennecott Land management team (Don Whyte, Bruce Snyder, etc) meet with a handful of residents (including myself) so that Mr. Whyte (who is the president of Kennecott Land) could hear directly from Daybreak Residents on what the major concerns of the community are. I believe that as the President of Kennecott Land that Don Whyte should be more involved in the community and actually directly talk to residents at least twice a year in a private forum so he can hear for himself and not through Bruce and his team (the BOD) what really are the main concerns of Daybreak Homeowners. in my opinion, in order for Mr. Whyte as the President of Kennecott Land do his job and to effectively make the Daybreak community the best it can be, he needs to directly interact more with the Daybreak homeowners.. 

 

If you have any concerns you feel that are not being addressed or want to be addressed or wish to participate (if Mr. Whyte accepts the invitation) please let me know scoop@daybreakdaily.com

Last update: 19-11-2008 15:38

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