Our 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, …

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Overview 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…

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A Retirement Wealth Gap Adds a New Indignity to Old Age

Iris Harrell and Gary O’Shaughnessy of Oakmont Village

Pictured, Iris Harrell and Gary O’Shaughnessy of Oakmont Village October 4, 2018 | The Wall Street Journal Jennifer Levitz | Photographs by Rachel Bujalski for The Wall Street Journal SANTA ROSA, Calif.—On a Saturday morning in retirement paradise, Ken Heyman stepped out to his front porch and found a brown paper bag. Inside was the chopped-off head of…

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Reserve Study Deficit Revealed, Loan Options Considered

During the recent Finance Committee meeting on June 14, OVA President Steve Spanier sat in for Finance Committee Board Liaison Tom Kendrick. The Agenda included the Treasurer’s Report, Capital Fund expenditures of the East Rec Center and the recently completed physical inspection for the 2019 Reserve Study Report.   Several members of the community were…

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