ANNUAL R E P O R T NEW ALDER CREEK ADVENTURE CENTER ARCHITECTURAL RENDERING
$6.1 MILLION IN CAPITAL FUNDS EXPENDITURES
Reinvesting previously accumulated funds of the association. Refer to the capital discussion starting on page 8 for full details.
$3.8 MILLION
FOR NEW ALDER CREEK ADVENTURE CENTER BUILDING Investment in replacing 40+ year old Cross Country & Equestrian operations building
$2.0
IN REPLACEMENT RESERVE FUND EXPENDITURES
MILLION
Over 200 reserve component projects, preserving and protecting existing assets of the association
OPERATING FUND
$350,000 OR 6% FAVORABLE
NET OPERATING RESULTS IN OPERATING FUND $ 7.7 million in revenues, UNDER BUDGET $1,941,000 OR 20% $12.8 million in costs, UNDER BUDGET $2,291,000 OR 15%
A SUCCESSFUL AGGRESSIVE LOSS RECOVERY PLAN EXECUTED IN RESPONSE TO DROUGHT-INDUCED REVENUE SHORTFALL
ANNUAL ASSESSMENT PER OWNER (BY FUND) 2014
$842
2013
2012
$478 $434
$791 $695
2011 2010 2009 2008
$400
$695
$360
$695
$348
$695
$334 $330
$660
2007
$619
$
$200
OPERATING
$400
$30
$318
$600
REPLACEMENT RESERVE
$30 $30
$25
$17 $143
$1000
$1375
$1330
$1300
$232
$25 $146
$22 $138
$800
$250
$1600
$1505
$250
$250
$25
$250
$1200
$1150
$1097
$1200
NEW MACHINERY AND EQUIPMENT
$1400
$1600
DEVELOPMENT
ANNUAL ASSESSMENT PER OWNER (BY FUND) OPERATING FUND CAGR 4.5% CAPITAL FUNDS CAGR 6.8% TOTAL ASSESSMENT CAGR 5.5% COMPOUNDED ANNUAL GROWTH RATE (CAGR), 2007 TO 2014
Accumulating funds over time to address the aging infrastructure needs of your association, consistent with the General Plan, while striving to optimize the operating fund portion of your assessment.
Tahoe Donner 2014 Annual Report |
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