Unfortunately, I cannot put the budget up on the blog but I can mount my questions about it. I sent my questions to Betsy Gori ,the treasurer of the board, and she did take the time to answer . If you are an owner you have received your copy by mail.
I also question now why it was not officially audited and not given to us in April when it was due. I received my copy in October.
My Questions:
Questions about the Budget from Vicki Ross (line by line)
Income:
408 Owner Legal Fees and Costs what is it? why did it increase so much?
424 Estoppel letters what is it?
434 Parking Space Rental who do we rent to?
604 wages- office manager $11,000.00 increase in one yr
608 wages-Housekeeper don’t you think this is very high
614 yearly bonus to whom?
Expenses:
638 Bad Dept what is this?
662 Office exp and equipment very very high could you breakdown
Service Contracts:
714 fire alarm please explain discrepancy
725 roof service did we have a major problem
729 waste line cleaning did we have a major problem
730 lobby floor maintainence did we have a major problem
Bldg Maintainence
756 elevator overtime did we have a major problem
758 general maintainence why are you tripling this for 2011
766 laundry equipment repairs if we have a contract why don’t they pay for repairs
Utilities:
824 electricity very high can we do anything
834 telephone we should cut this down to nothing do you need a land line for anything with magic jack and skype other than telephone?
2011 Capital Improvement Hall light fixtures do away with this at this time use that money for carpet installation which you bought prematurely- not in budget Security System where is that amount? My maintainence with your proposed budget for 20111 will go up 23%
Portofino South 3800 