From the Editor: Can we balance the budget without raising assessments?

There’s been a lot of talk this week about the newly proposed changes to our annual assessments and the addition of a pool fee. The current proposal raises the annual assessment to $1175 and introduces a $125 annual fee for a family pool pass. Other fee increases are also proposed including increases to golf memberships, the introduction of a tennis membership, and increases to camping and cabin rentals. A couple fee proposals have actually decreased, such as the junior golf membership which is currently $185 is proposed to drop to $50. I’m curious, however, is there a way to balance the budget without increasing assessments and fees to property owners? Can we capture additional revenue using resources we already own such as leasing land to commercial enterprises, outsourcing the management and upkeep of community property such as the restaurants, golf courses, camp ground, etc? Perhaps charge entrance fees to guests who have not been called in by a resident, etc.?

We have a new General Manager and a new board. Change is on the horizon. I look forward to Lake News participating in that change through increased dialogue and information sharing. Please join me and your fellow property owners at the budget meetings today at 3 and Monday the 11th at 6pm at the Lakeview Lodge to get answers to these questions and suggest your own ideas to make Treasure Lake a community to treasure.

Categories: Community

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