
1 minute read
Board President Don Kredel Outlines
from Year End Report 2022
by Dan Poteet
Goals for 2023
Conduct Town Hall meetings with residents and provide mid-year and end-of-year management reports to residents
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Expand on-line presence of our brand
Expand Board training for financial statements, budgeting, governance and master planning
Initiate water and power conservation plans. This is a 2-3 year goal which includes: the Secret Garden, all outdoor watering, hardscaping around the campus and reducing electricity demands.
Continue and expand community outreach through Rotary, Habitat for Humanity, St. Mary’s Food Bank, News outlets and others.
Complete Weyrich remodel and license change for Phase 1 and plan for the completion of Phase 2 in 2024.
Renovate public spaces including: first floor refresh, Ocotillo flooring, Garden Cafe, lobby, and public restrooms
Obtain $8 million in unit sales from Life Contracts.
Build Reserves with Net Income over Expenses targeted at 3%