The Official Newsletter of the Lake of the Woods Association, Inc. Vol. 20, No. 18
540.972.2237
LOWA.org
/LOWAssociation
Cub Scout Pack 197 Provides Community Service
by Jack Simons, Pack 197 Committee Chairman
January 13, 2023
General Manager Revised Proposed FY 2023-2024 Budget Presentation In Person and Via Zoom by Phil Rodenberg, General Manager, ® CMCA, ® AMS, ® PCAM
Cubs collect 607 pounds of food.
Photos provided
On Saturday Nov. 12, Cub Scouts and families again undertook community service in their annual Scouting for Food drive and cleanup day for LOW Civil War historical signs. Thanks to Assistant Cubmasters Matt Robinson and Mike Holder and Den Leader Kim Chamblin. With their leadership, the Pack donated a record high 607 pounds of canned goods and food to the Wilderness Food Pantry.
Cub Scouts clean the Gordan’s Flank Attack historical display at Ramsey Beach.
Cub Scouts clean the Apperson Memorial.
See Cub Scouts p. 14
It is time for the LOWA Board of Directors to approve the annual budget and set the assessment rate for next year. As the General Manager, it is my job to propose a budget and assessment for review and approval. I put together my first version of the budget in November and then went through a review process with the Finance Committee and Planning Committee. As a result, I put together the revised proposal, which I will summarize for you here. Here is a summary of the Proposed Revised Operating, On Tuesday, Jan. 17 at 7 PM, Contribution to Reserves I will be holding the General (CTR), and Capital Budget Manager Revised Proposed for Fiscal Year 2023-2024, which begins May 1, 2023. The 2023-2024 Budget Presentation proposal is a balanced budget. at the Community Center and Total authorized spending via Zoom. I hope you will join is $12,747,219. See Budget Summary page 6. me. You can find the Zoom This budget will allow information at www.LOWA.Org/ LOWA to effectively carry out Budgets or in the yellow box its numerous obligations to maintain the common areas, on page 3. Your comments and lakes, and dams; operate the questions are welcome. amenities; enforce Association – Phil Rodenberg, GM covenants and regulations; and provide adequate gate access and common area security. There is still time to modify the budget before Board adoption on February 15, as we incorporate updates and consider Board, committee, and member input. The Board will vote on any amendments on February 4. Key factors are: • Board Goals and the Lakes Management Implementation Plan. • Inflation, a nationwide economic reality that is driving prices of goods and services to 40-year highs, has significantly impacted budget preparation. • Delay in purchase of some operating and capital items. • Energy conservation savings to build in as a hedge against utility growing costs. • Use of carry-forward funds from the current year as well as use of higher interest income from capital accounts. • Increases in user fees at the amenities. • Continuation of key capital projects to avoid deferred maintenance issues. See GM Transmittal Letter p. 3
General Manager 1 President's Letter 2 Board Agenda 2 Board minutes 3, 5 Association News 2 - 10 Calendar 9, 10 Viewpoints 16 Orange County 21 Classifieds 22 - 23 Employment Opportunities 23
Mon., Jan. 16 Martin Luther King, Jr. Day LOWA Offices closed LOW Trash Compactor closed Tues., Jan. 17 GM Proposed FY 2023-2024 Budget Presentation 7 PM, Community Center, Zoom Wed., Jan. 18 LOWA Regular Board Meeting 2 PM, Community Center, Zoom
Jan. 1-17 Clubhouse closed for annual maintenance
Sat., Feb. 4 LOWA Regular Board Meeting 10 AM, Community Center, Zoom
Jan. 12-16; Jan. 27-29 Community Center closed
LOWA Website Links TEKControl (Visitor Management) LOWA.ORG/TEKCONTROL