VIDEO: Q&A re Dues Increase, Operations Shortfalls, Executive Bonuses, etc.
This is the full video from the Open Session held March 21st. As a reminder, only 4 months ago Doug Egly assured members that the quarterly dues for 2022 would not be increasing (see below). What are your thoughts about this reversal and do you feel it is necessary to re-balance our operational shortfalls?
From: Haig Point Club <comment@haigpoint.com>
Date: December 1, 2021 at 6:18:43 PM EST
Subject: CEO Letter December 1, 2021
Reply-To: comment@haigpoint.com
Dear Member,
The Haig Point Board of Directors approved the 2022 budget earlier today. We are thankful for all our staff’s hard work with the Finance Committee and Board over the past several months. A summary is being posted to the Club Business Page of the website before the end of the day.
At 3 PM in the Clubhouse on December 15th we’ll hold an Open Session to review our 2022 budget, 2021 forecast, our 2020 Audit Report and address any questions you may have. In an effort to help Members prepare for this Open Session, on December 10th we’ll send additional information that will be covered in the meeting for your review.
In addition, you’ll soon receive your first quarter 2022 bill from our accounting department. Your quarterly dues are staying the same. You will notice a change in the trash disposal fee. Our trash disposal expense as a community has increased over this past year because of additional usage. More dumpsters, more frequent barging, and new compactor leasing have contributed to higher costs. Therefore, your 2022 trash bill will reflect an increase from $165/quarter to $210/quarter to ensure that we are covering all our labor and other expenses related to trash removal.
Doug