Forum Posts

meiross
Aug 26, 2022
In General
State Public Service Commissions that administer utility rates require period Management Audits of the Utility Operations that they oversee. To my knowledge, DFIU has never been audited. These audits examine the cost records and operational processes that generated those costs to either allow costs to be included in the rate base or disallow costs to be included. The audit also examines the efficiency of management and can disallow salary costs for what the audit highlights as inefficiency in decision making, etc. For example, if the procurement function does not take advantage of low bid or pricing selections, amounts can be disallowed. Similarly, inefficient processes associated with corrective and preventive maintenance also frequently have disallowed costs. The end result is a reduction of the rate increases and consequently lower utility bills for the consumer. Haig Point AND all Daufuskie Island residents should petition for such an audit to determine if costs should be disallowed. Further, our representative in the State Legislature, Jeff Bradley, is on the Regulations and Admin. Procedures Committee and should be enlisted to support us in challenging this rather absurd rate increase and lobby the Public Service Commission to mandate an audit to support these reoccurring rate increases. Our State Senator, Tom Bradley is on the Legislative Oversight Committee and should also be engaged. This rate increase will not only impact our individual water bills, but it will significantly impact the Haig Point water bills - which also come out of our pockets in the form of dues and assessments.
0
0
24
meiross
Aug 16, 2022
In General
Beaufort County Council voted last week in the Second Reading to Condemn the property next to the Haig Point Embarkation Center to operate the Public Ferry. The Final Reading and vote will be in September to condemn. The attached is the official summary of the Council Voting Action. These are the facts.
1
0
43
meiross
Jul 30, 2022
In Club Business
Start paying attentions folks. Beaufort County working to condemn the land next to the Haig Point Embarkation Center. and express yourself before the game is over. There clearly needs to be more information on this significant undertaking. If you object to this unilateral action, start writing to each and every HP Board member, the BC Council, Council Member Lawson specifically, the Coastal Carolina Conservation League, and the SCELP. Let's all get all the facts and information before actions are taken and SLOW DOWN. Speak up for whatever position you might have on this. Word is 400 parking space lot next to the HP lot next to Cross Island Expressway. Planning the Use of Haig Point Docks for running the Beaufort County Ferry to/from Daufuskie island for tourists and residents. This was "stated at a meeting on DFI" at the firehouse by the County Administrator and is a matter of public record. HP property owners have NOT been consulted or voted on this yet, but BC moving forward? WHY? What arrangements have been made without our knowledge? Why do we in HP have to read about this in the Island Packet? WE all own these docks and facilities. Watch it on BC videos. The BC Council voted 7-4 on this. OUR representative - Lawson - voted yes. Where is all this HP transparency we hear about so often? "We are negotiating but we can't talk about it". What about insurance? Who will pay for all of this added operational expense? HP property owners? What about destroying the natural setting? The drainage and runoff in the tidal creek? What about security to the HP lot? Will we need security? Will we need a guard house at the entry for the onslaught of lost visitors? What about DFI public ferry riders? Will they have access to the Embarkation Center to use the bathrooms? And the coordination logistics have the potential for a nightmare. Time to learn more about this and express yourself before the game is over. There clearly needs to be more information on thjis significant undertaking and shared. If you object to this unilateral action, start writing to each and every HP Board member, the BC Council, Council Member Lawson specifically, the Coastal Carolina Conservation League, and the SCELP. Let's all get all the facts and information before actions are taken and SLOW DOWN. Speak up for whatever position you might have on this.
1
0
100
meiross
Jul 13, 2022
In Club Business
Be aware that Beaufort County has condemned land for ferry terminals: Melrose Dock AND the land adjacent to the HP Welcome center. Sounds like letters sent to each Council Member referencing Mr. Greenway's comments at yesterday's DFI Council Meeting (at the DFI Fire Station) along with other expressions of confusion re: issues might help. Asking for more time for data collection and discussion certainly is not unwarranted for these condemnations. Letters to the HP Board expressing your concerns may also be of benefit to your neighbors. There's always an opportunity to express an Op Ed to the newspapers. The Melrose Dock land condemnation is also in sync with the BC condemnation of the land next to the Haig Point Embarkation Center for a parking lot (150+ spaces?) next to the Cross Island Bridge. Rumor is BC is quietly trying to cut a deal with HP to use the HP facility for future DFI ferry operations. This most likely would have impacts to our own HP parking, need for security and a gatehouse at our entrance, fencing to protect our vehicles and boats, etc. And WHO will pay for that? Full Golf and Signature Members? Other membership categories most likely would not, as well as special event and visiting golf expeditions who enjoy what the members are/will pay for. I would think the SC Environmental Law Project and the Coastal Conservation Group might have something to say about the destruction of the marsh area around the HP Embarkation Center and impacts to the environment in general. DNR may also not want the bridge columns degraded. Clearly more study is necessary and more transparency is needed in this potential undertaking - not after deals are cut. The vote for the condemnation was 7-4 at the BC Council Meeting last week, BUT it is in the 2nd and 3rd reading. Time to weigh in if desired.
0
4
137
meiross
Jul 13, 2022
In Club Business
As members consider their position re: tens of thousands of dollars in assessments (and future increases in maintenance costs to support the assessments - lifecycle costing) today's headlines are noteworthy. Inflation surges to new 40-year high as CPI rises 9.1% in June. Interest rates look like they will increase 1/2 to 3/4%. All one has to do is go to the grocery store and notice that the shelves with generic brands are empty. What does that tell you? Food prices are much higher than the 9.1% statistic. Contrary to some perceptions and confusing email content, discussions with banks for loans does NOT mean we won't be paying for the loans. There's no free lunch. The assessments will serve as the debt service. With overruns on capital projects and poor estimates, there may be a need for more assessments. Everyone needs to do their homework before casting a vote.
1
0
56
meiross
Jun 15, 2022
In Club Business
Let's have some true accountability now on how this increase in dues will be spent: i.e. specific project budgets, schedules , ACTUALS against budgeted amounts for each project, event, expenditure, etc and availability to the members of results. Saying that we can't control 90% of our costs is pure nonsense. E.g. do we need to spend how much? on fireworks when Harbour Town is reported to have a show? Would not that money now be better served? Let's not treat this influx of cash like lottery winnings. Our fuel costs have to be through the roof with no end in site. The members need far better reporting of information in a timely manner. NOT gross margin on lines of business which is deceiving. We need NET Margin - Bottom Line, with all G & A included to actually see the true P & L status of EACH line of business and project. With a full staff now of 7 accounting personnel, we should be able to do this. We need FULL Finance & Audit Committee participation in the re-budgeting process BEFORE hand not merely being "informed' (if at all) after the fact. We need to start better managing HP, utilizing the exceptional talents of individuals on the F & A Committee or we will face this again. Up until now the F & A has been merely window dressing and not able to contribute to the HP operation.
2
0
57
meiross
May 17, 2022
In Club Business
Thanks for the clarification. But a non-vote is still not a Yes vote. Recall the Board election? If you only voted for one candidate, the vote was thrown out. Was that ethical? Two of the candidates might not have been unqualified in the eyes of the voter, and the vote wasn't allowed for the one candidate who was? This is shenanigans by any measure. HP deserves better than this.
0
0
64
meiross
May 17, 2022
In Club Business
READ THE FINE PRINT ON THE BALLOT FOR DUES INCREASE. It states that if you do not vote it is considered a YES vote for the increase in dues. This disenfranchises people who don't get the email ballot and clearly misstates one's intentions. NOT VOTING is a right in any case. This is despicable behavior by people elected to look out for OUR welfare. This MANIPULATES THE 51% QUORUM REQUIREMENT and the 2/3 AFFIRMATION REQUIREMENT. People need to express any disapproval of this approach directly to the Board. This will no doubt be a tactic utilized in assessments for possibly $50,000 down the road. THIS IS CLEARLY IRRESPONSIBLE LEADERSHIP.
2
14
241
meiross
Apr 18, 2022
In Club Business
With HP voting for assessments pending, there are some things to consider. A vote for the millions of dollars of assessment at this time to the tune of perhaps more than $45,000 per member will be yours for life! If you plan to sell your property, the assessments will need to be paid by you or the buyer before closing. This will certainly add to the economics of one’s investment decisions, not to mention support for our health needs, our children, and grandchildren. We might be headed for some tough times. Now may not be the time to incur such a steep personal financial commitment. HP has not had a breakeven performance in many years, and has certainly not demonstrated year to year financial strength. Financial stability with needed infrastructure attention and contingency reserves are prudent actions. HP needs these key metrics as a requirement before wish list spending. Today’s News: “With recession calls on Wall Street picking up as the Federal Reserve embarks on what could be up to eight interest rate hikes this year; Goldman Sachs no longer wants to be left out of the growing crowd. "Our [Goldman] analysis of historical G10 episodes suggests that although strong economic momentum limits the risk in the near-term, the policy tightening we expect raises the odds of recession. As a result, we now see the odds of a recession as roughly 15% in the next 12 months and 35% within the next 24 months," said Jan Hatzius, Goldman Sachs chief economist, in a new note to clients. Eleven out of 14 tightening cycles since World War II have been followed by a recession within two years, warns Hatzius.” Inflation is actually more akin to 11%, not the government manipulated 8.5% - and that’s not good either. You know this if you have been to the store or gas pump lately. The truly smart play is to wait re: significant capital outlays.We need multiple years of demonstrable financial prudence. We are not there yet. We can address large capital outlays at a later date when current uncertainties are more clearly known.
3
5
142
meiross
Apr 01, 2022
In Club Business
The current targeted Pickle Ball location at $300 K? (Only a conceptual estimate which history shows will escalate), requiring take down of 30-40 trees ($1,000 each perhaps or more?), locating it next to the golf course fairway (safety issues), and presents significant noise and nuisance issue to residents. Bad choice! The space originally conceptualized for the golf cottages has already been site prep'd: no trees, level, convenient to facilities. Putting the courts at that location will be cheaper by far. We ALREADY paid for the site prep with our dues. I believe the land is COMMUNITY PROPERTY and hence owned by the members. Private development of cottages on this community property? - how is this possible without a vote by the members? If built who owns them? It's community property - thus members own it. Revenue would accrue to the members - like stock dividends, no? Too many legal issues. We have how many new members now who had NO SAY in the cottages issue from 3 years ago. How many former members who voted for this no longer live here? It is unconscionable to proceed with private development of golf cottages without member input in the present time frame. We are in a new era of inflation, fuel costs, pandemics, substantial increases in insurance premiums, etc. But, we can think about Pickle Ball courts at say $150 K, as the prep'd site is ready. Members own the land as Community Property, while HP we will save money, achieve the objective, and reducing any assessments we are asked to absorb.
4
2
101
meiross
Mar 18, 2022
In General
Contrary to perceptions, the "Finance Committee" has NOT had any input, discussion, or participation regarding Capital Projects, dues increases, or assessments. The Committee Charter clearly calls for such expectations but participation has been elusive. The future costs to Members is significant and the assumptions used in the justifications are subject to challenge. For example, an inflation rate of 2.6% year to year is unrealistic as we are ALREADY at 8%. Fuel is up more than 35%, while material costs for anything are most certainly to continue an unfavorable upward trend. MUCH more analysis and justification is required, in addition to a needed comprehensive "scrub". The Finance Committee has legal, accounting, project management, finance, contract management, investment, and quantitative skill sets to aid in our future courses of action. The "why" as to the lack of Finance Committee participation is a subject of another discussion.
0
2
82
meiross
Mar 07, 2022
In General
Rumor is HP Board spent more than $500,000 on golf course design, websites, cottages engineering, outdoor dining pavilion, etc. while bridges, roads, docks continue to deteriorate and NO RESERVES for emergencies. Where's the sense of PRIDE in the Community and our management priorities?
Infrastructure: Decaying in Front of Our Eyes content media
2
0
53
meiross
Mar 02, 2022
In General
One example: Waiting for repair more than 5 years
Infrastructure .... Low Priority? content media
3
0
53
meiross
Feb 28, 2022
In General
Our Course Looks Great!
Our Beautiful Golf Course - Right Now content media
3
0
79
meiross
Feb 26, 2022
In General
This is a great forum for people to share ideas, ask questions, and learn from others. The more information that is shared will facilitate better understanding of issues and how those issues may affect each individual's future comfort level living on beautiful Daufuskie Island.
2
1
50

meiross

More actions