Treasurer’s Report, March 2019


Written by Board Treasurer

On March 5, 2019

January Highlights

A rough start to 2019 on the revenue side, delinquencies by homeowners hit a 12-month high at 16%. This resulted in assessment revenues coming in -$21,000 under budget. On the plus side, operating expenses were managed very well, total operating expenses came in 15.7% under budget. Cash flows for the period showed a net increase of $75,552 as Lake Holiday starts the new year on solid financial ground.

Jarret Tomalesky, LHCC Treasurer


You May Also Like…

Lake Holiday Snow Removal Protocols & Procedures

Lake Holiday Snow Removal Protocols & Procedures

Best Practices: Snow Removal Protocols & Procedures The Lake Holiday Country Club General Manager is responsible for coordinating the efforts and managing road maintenance during times of inclement weather conditions.  The Maintenance Supervisor directs...

President’s Update Nov 2021

President’s Update Nov 2021

We are heading into the holiday season and even though the pandemic is still with us, we have much to be thankful for. At this time last year, our hope was that life would have returned to some sense of normalcy by now. That is beginning to happen at Lake Holiday....