Posts Tagged ‘OVA Dues’
FAQ: How Much Can OVA Dues Finance?
The purpose of this article is to provide some facts concerning how much OVA could borrow as a function of dues impact and other factors (interest, term, etc). It does not address how difficult it might be for OVA to find a lender, or whether or not such a loan should be considered. Specific questions…
Read MoreOur Annual Opportunity for a Better Oakmont
Thank you, Yvonne Frauenfelder, for your excellent, well-focused article regarding the precarious state of our situation (Oakmont – Transition 2019). The comments made by Rick Feibusch to your article bring even more clarity to where we are and the plight we face. Over the past 3 to 5 years, we witnessed the arrival of younger, …
Read MoreOverview of the OVA Budget and Dues
With OVA member dues rising to $75 starting this month, now may be as good a time as any to explore where this money goes. The 2019 budget was mailed to OVA members in late November. Total budgeted operating expenses have risen by just under 10% with the largest increases being for payroll expenses (more…
Read MoreAdobe Creek: Does the Reality Match the Rhetoric?
These photos were recently taken at Adobe Creek, a Petaluma golf course and residential community that is frequently cited in the discussion regarding OVA and OGC. Some proponents of OVA financial support for OGC have used words like “ruined”, “mess” and “blight.” In transition from golf course to open space, parts of the terrain…
Read MoreGuest Editorial: OVA Dues and Loans
Although the approval of the East Recreation Center (ERC) loan is old news, it’s been on my mind. Taking loans for maintenance and improvement work on our facilities appears to be a new fiscal direction by our current OVA Board of Directors (BOD). I recognize, as many others have, that our reserves are insufficient and…
Read MoreIs This the Way to Get Community Input?
Last week we were informed via an OVA email that “in July, a subcommittee conducted 26 interviews with people considered to be community leaders and compared that with 93 new residents who filled out a questionnaire for the OVA.” This “survey” was performed by the newly-formed Long Range Planning Committee at the request of the…
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