Wednesday, January 31, 2007

The recent rains have wreaked havoc on our entrance road pavement. There are some serious potholes.

The statement of revenues and expenditures for December and for 2006 has been compiled. It’s difficult to tell what kind of year we experienced. We started the year with association equity of $27,602 and finished with a minus $6,560. No doubt many repairs were done. Total expenditures over budget for 2006 were $61,289. The repair and maintenance of buildings was $80,438 over budget. Probably because of the weather, building repairs have slowed to next to nothing for January. There is still a lot to be done and the summer rental season is not that far away.

A new bank in town, First Victoria, is having a grand opening tomorrow.

A clean up of Conn Brown Harbor is supposed to begin soon. They have determined that some of the sunken boats were brought there by the Coast Guard. They had been seized and brought to Conn Brown and allowed to fall apart and sink.

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