December 2022 Newsletter
Financial Information
LAKESIDE CLUB CONDOMINIUM ASSOCIATION TREASURERS REPORT FOR NOVEMBER 2022
FOR THE ONE MONTH AND THREE MONTHS ENDING OCTOBER 31, 2022
October |
Year To Date |
Fiscal Year Budget | Over (Under) Budget | |
Revenue | $34,851 | $133,682 | ||
Expenses: | ||||
Personnel Costs | 8,901 | 39,248 | 126,000 | (86,752) |
Utilities | 3,747 | 22,080 | 66,900 | (44,820) |
Professional Fees | 2,150 | 10,624 | 24,900 | (14,276) |
Maintenance | 7,236 | 84,294 | 135,300 | (51,006) |
Insurance | 3,581 | 14,323 | 44,100 | (29,777) |
Office | 238 | 1,127 | 5,400 | (4,273) |
Depreciation | 87 | 347 | 2,100 | (1,753) |
Total Expenses | $25,940 | $172,043 | $404,700 | ($232,657) |
Income(Loss) | $8,911 | ($38,361) | ||
Current Year | Prior Year | |||
Expenses as a Percentage of Budget | 42.51% | 34.55% | ||
Operating Cash Balance | $59,247 | $141,697 | ||
Amount Owed to Other Funds | $76,603 | $66,113
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Total maintenance for the four months ending October 31, 2022 was $84,294 as compared to $43,921 for the prior year. Significant repairs this year making up a portion of the increase are as follows: Replacement of rotten siding (approximately $11,000), painting not assessed for (approximately $10,500), water main emergency repair (approximately $7,500) and a repair to associations Kubota tractor (approximately $3,000).
New Owners
We welcome new owners to our Lakeside community.
Unit #61 was purchased by Matthew and Sara Resnick, whose permanent residence is in Shelby Township.
Unit #69 is now owned by Todd Stawicki and Stacey Olson of Springfield, IL.
Unit #73 was purchased by Greg and Julie Brown, who reside in Clarkston.
Project/Grounds Update
- Staff will begin winter heat checks, ensuring that windows are closed, heat is turned on, and thermostats are set to a minimum of 55 degrees. If you do not want your unit checked during the winter months, please notify staff by submitting a Repair Request Form—accessible from the LSC website. (More info about this can be found in John Lehman’s report, below.)
- Evergreen completed another fall clean up on November 29th
- Snow removal has begun with our November burst of weather
- Roofs are being cleaned of debris
Winter Reminders
- All planters and flowerpots should be removed from the stairs and sidewalks for easier snow removal.
- Be sure to check all windows to ensure they are securely closed.
- Set thermostat for heating with a minimum temperature of 55 degrees when not occupied.
- Please call the office with any questions regarding winterization.
John Lehman shares information from the LSC website and info about Local Events and Activities in December.
Web page of the month: petoskeylsc.com (password) LSC76Owners
Repair Request Form (MAINTENANCE/REPAIRS Menu)
This page allows you to send a request for repairs or other work on your unit to Property Manager Kevin Kissinger. But the Association is only responsible for general common elements such as hallways, roofs, and chimneys, not elements such as sliding doors, skylights, or air conditioners. So be sure to check the Maintenance and Repair Responsibilities page before you submit a work request.
If you do not want heat checks done on your unit during winter months, please let staff know by submitting a Repair Request form.
Local Events and Activities in December
Starting at 5:30 on December 1 you can join the “Holiday Swirl” at the Crooked Tree Arts Center. (https://www.crookedtree.org/event/ctac-petoskey/holiday-swirl-1)
At 11:30 am on December 2, Scott LaDeur will present an NCMC luncheon lecture “What Happened” about the results of the Nov. 8 midterm election. (https://www.ncmclifelonglearning.com/event-4944484)
From 6 to 9 pm on December 2, you can experience Petoskey’s Downtown Open House, which includes the Christmas Tree lighting and a performance by the Petoskey H.S. Steel Drum Band. (https://www.petoskeydowntown.com/events/holiday-open-house/)
Beginning at 6 pm on December 3, Harbor Springs will have its annual Merchants Holiday Open House with an evening of shopping and holiday treats. (https://www.harborspringschamber.com/events/details/merchants-holiday-open-house-2022-10940)
The Little Traverse Choral Society will present its 2022 Holiday Concerts at 7:30 pm on December 3, and at 3 pm on December 4. (https://www.littletraversechoralsociety.org/concerts)
At 7 pm on December 6 and December 13, Jamie Platt will present “The Sparrows of Michigan.” (https://www.ncmclifelonglearning.com/event-4732943)
At 7 pm on December 7, Beth Wemigwase will present an NCMC lecture “Dry Harbor? Prohibition in Harbor Springs.” (https://www.ncmclifelonglearning.com/event-5006304)
At 7 pm on December 8 and December 15 , Mary Stuart Adams will present “At the Turning of the Year,” about the Winter Solstice and other star lore. (https://www.ncmclifelonglearning.com/event-5009946)
Beginning December 10 you can walk or snowshoe “The Enchanted Trail” starting at the Cross Country Center at the Highlands of Harbor Springs. (https://www.highlandsharborsprings.com/enchanted-trail)
At 3 pm and 7 pm on December 10 and 3 pm on December 11, the Crooked Tree Arts Center will present the “Nutcracker” ballet at the Great Lakes Center for the Arts. (https://www.greatlakescfa.org/events/detail/crooked-tree-arts-center-school-of-ballet-presents-the-nutcracker)
At 7:30 pm on December 9, CTAC will present folk rock group “Troll for Trout” with opening act Lara Fullford. (https://petoskeyarea.com/event/mitten-smitten-troll-for-trout-lara-fullford/)
At 7 pm on December 15 and 16, the Great Lakes Chamber Orchestra will present Handel’s “Messiah” at the Great Lakes Center for the Arts. (https://glcorchestra.org/concert/messiah-3/2022-12-15/)
At 7:30 pm on December 16, CTAC will present the Canadian band “Steel City Rovers” with its composite of Celtic music, bluegrass, folk and roots. (https://petoskeyarea.com/event/steel-city-rovers/)
Beginning at 9 pm on December 17, the Harbor Springs Farmer Market will be held at the Harbor Springs History Museum. (https://petoskeyarea.com/event/market-at-the-museum/2022-11-19/)
At 3 pm and 8 pm on December 17, the Great Lakes Center for the Arts will present a “Home for the Holidays” double feature on their cinema screen. (https://www.greatlakescfa.org/events/detail/home-for-the-holidays-double-feature)
At 7:30 pm on December 21, Blissfest Music will present its Winter Solstice Celebration with seasonal music and more. (https://petoskeyarea.com/event/blissfest-music-presents-winter-solstice-celebration/)
At 7:30 pm on December 22, celebrate the Holidays with John Lloyd Young singing holiday favorites in the style of Frank Sinatra, Bing Crosby, and Nat King Cole. (https://www.greatlakescfa.org/events/detail/john-lloyd-young-heart-of-christmas)
At 8 pm on December 30, the Great Lakes Center for the Arts will feature the “Michigan Rattlers” folk-rock band. (https://www.greatlakescfa.org/events/detail/michigan-rattlers)
HOLIDAY FUND
One of the best ways to thank our staff and show our appreciation for their hard work throughout the year is for you, as an Owner, to voluntarily contribute to the Employee Holiday Fund. It is through the efforts of our staff that many of the little problems and all of the larger problems are solved. The Board is asking each Owner to voluntarily contribute at least $25 or more to the Holiday Fund (Coupon and return envelope enclosed with Newsletter). The funds will be shared with our employees based on seniority, responsibilities and amount of time worked during the year. Your contribution (check) should be made payable to Lakeside Club and marked “Employee Holiday Fund”. Your Holiday Fund check along with the contribution coupon may be placed in the enclosed envelope (along with your dues if you don’t have auto deduction). The employee will be given a Holiday card containing the name and unit number of each contributor. Our goal is 100% participation. Thank you so much for your anticipated contribution. Your show of appreciation for our staff will go a long way.
Thank you to Shelly Germain, Greg Waller, Kevin Kissinger, and John Lehman for their contributions to this newsletter.
Carol Woodhurst