Hacienda Riquelme Owners 2014 October Resort Newsletter
It is now ten months into the financial year and still no resort wide financial information have been released.
Well lets help:
One really does wonder if the global financial crisis happened at HRGR in 2012 as opposed to 2008!- Where are the quarter one and half year financials?
- Where are the first quarter, half year and 9 months debtors?
- Shouldn't the Committee minutes clearly state the level of debtors?
- The September Committee minutes clearly stated that the current resort debtors would be released to "all owners by the 22nd September" and never were! Shame on the Committee that they cannot even follow up and implement their own minuted actions.
Well lets help:
It is also no wonder Nigel moved on after his clear position of being "tough on debtors"!
For the financials we clearly recommended last year not to budget for the PW fees as this equates to over 10% of the resort's budget.
For 2015 as PW looks as if they will no longer exist then our Community fees will have to increase by their 10% budget plus another two 10%'s for the PW bad debt that will have to be booked to the resort accounts. Not a great picture!
On other matters:
Workers Compound
The workers compound saga continues to incur more dumped rubbish on a daily basis:
Shame on the Committee yet again for letting this to continue but as it is not in their back garden then why would they clearly bother!
Surveys
It is also at last good to see owner surveys being introduced, what a great idea and about time. Whoever had the initial idea should be congratulated. One area to address is the clear need to raise ideas, suggestions or points of view for each question within the survey. Time will tell!
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