Caught Between a Rock and a Hard Place

The board sets a new plan for maintenance and upkeep of the community, and how we’re going to pay for it. What do you do when the bill comes due, but you don’t have enough money in the bank to pay it?  If you’re like most families, you turn to savings.  That’s what the Farmcolony Board of Directors has done in past years when our quarterly dues did not fully cover our costs of operation. They turned to the reserve funds to cover the shortfalls, until there were no reserve funds left. Our historical record compiled by Farmcolony Historian Deborah Lee tells the story. Throughout its first quarter century, Farmcolony slowly evolved as a self-sufficient farm relying mostly on cattle and hay sales for revenue. A long list of…

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Committees: Essential to the Community or One Big Joke?

“A camel is a horse designed by a committee,” or so the joke goes.  “A committee is a group that keeps minutes and loses hours” is another knee slapper.  People love to poke fun at committees -- they are the brunt of many punchlines.  If committees are such a joke, why do we have them? All joking aside, the Farmcolony Board of Directors is currently reviewing the community’s committee structure and the necessity of our existing committees, which today numbers fifteen committees.  The board wants to know, are all of these committees necessary or do they create cumbersome paperwork for the association by requiring minutes and records?  The board is beginning its review of existing committees with a survey of the membership.  The survey is asking members which committees…

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