Other than a poorly prepared/presented budget, the meeting seemed to be status quo. There was discussion of adding another person to the LiveDaybreak planning group. CCMC is hiring another planner, so he/she will still be over compensated for the position.
The item that disturbed me was our LiveDaybreak committee received a loan from Kennecott for approx 55K last year to meet their commitments. The budget now has a line item for repayment over the next two years. If it were my budget, I would build in for contingencies and program within my means.
The LiveDaybreak funding comes from community enhancement fees. Since the money doesn't come out of our HOA fees, financial conversations about the committee are almost cavalier. I feel like I'm being told don't worry the $ isn't coming out of your pocket. Well, actually it did when the builder sold me the house he built in 1/4% in the sale price. The money will come out of my pocket again when I sell my home, ½% of my sale price will return to enhance the community further. No matter where money comes from, fiscal responsibility should be top of the list.
Just say'n
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