February 2023 Newsletter
Lakeside Club
February 2023 Newsletter
LAKESIDE CLUB CONDOMINIUM ASSOCIATION
TREASURERS REPORT FOR THE ONE MONTH AND SIX MONTHS ENDING DECEMBER 31, 2022
|
December |
Year To Date |
Fiscal Year Budget | Over (Under) Budget | |
| Revenue | $34,552 | $203,360 | ||
| Expenses: | ||||
| Personnel Costs | 9,006 | 57,655 | 126,000 | (68,345) |
| Utilities | 8,550 | 37,108 | 66,900 | (29,792) |
| Professional Fees | 2,700 | 14,774 | 24,900 | (10,126) |
| Maintenance | 11,766 | 105,639 | 135,300 | (29,661) |
| Insurance | 3,580 | 21,484 | 44,100 | (22,616) |
| Office | 895 | 2,306 | 5,400 | (3,094) |
| Depreciation | 87 | 522 | 2,100 | (1,578) |
| Total Expenses | $36,584 | $239,488 | $404,700 | ($165,212) |
| Income(Loss) | ($2,032) | ($36,128) | ||
| Current Year | Prior Year | |||
| Expenses as a Percentage of Budget | 59.18% | 51.28% | ||
| Operating Cash Balance | $78,286 | $112,816 | ||
| Amount Owed to Other Funds | $24,436 | $62,280
|
||
Total maintenance for the six months ending December 31, 2022 was $105,639 as compared to $68,993 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), a repair to associations Kubota tractor (approximately $3,000) and the lawn and snow removal is up (approximately $8,500).
Updates
- Reminder to shower prior to entering the pool
- Both pool and hot tub motors were rebuilt and replaced in January.
- Owners who rent their units need to ensure their renters have access to a copy of our rules and abide by them.
- The lowest temperatures of the year are here. Ensure your furnace is working properly and heat is set at a minimum of 55 degrees.
- Owners who leave for extended periods of time during the winter months should consider contacting Kevin for his expertise on winterization.
- Ice on the ponds is not safe to walk on. Ponds are spring fed and have areas of weakness.
John Lehman shares information from the LSC website and info about Local Events and Activities in February.
Web page of the month: petoskeylsc.com (password) LSC76Owners
Web page of the month: Lakeside Club Staff (OWNERS Menu)
By now you’re probably acquainted with Kevin and Amanda Kissinger, who keep things going at Lakeside Club, but you may not know much about their backgrounds or responsibilities. This page also describes the best ways for communicating with Kevin and Amanda.
Local Events and Activities in February
Notice that many of the following events are offered online, so they are available for members who are not currently at Lakeside Club.
At 4 pm and 6:30 pm Saturdays through March 4, Boyne Mountain will be offering a SkyBridge Snowshoe supper that includes a lift to the top, walking the SkyBridge, and snowshoeing to supper. (https://www.boynemountain.com/upcoming-events/skybridge-snowshoe-supper)
At 9 am on February 2, Scott Herzog will begin a 7-session online course on “Non-profit and Association Management 101.” (https://www.ncmclifelonglearning.com/event-5061987)
At 7 pm on February 2 and February 9, Jamie Platt will present “The Owls of Michigan” online. (https://www.ncmclifelonglearning.com/event-5022962)
At 7:30 pm on February 4, the Crooked Tree Arts Center will present CutTime Simfonica. (https://www.crookedtree.org/event/ctac-petoskey/ctac-presents-cuttime-simfonica)
At 6 pm on February 6, Amy Janssens will begin a 10 session online Mindfulness-based Stress Reduction course. (https://www.ncmclifelonglearning.com/event-5117194)
At 10 am on February 8, Molly McCarthy will offer a class in “Waterscape Painting—Creating Your Own Mini-Masterpiece.” (https://www.ncmclifelonglearning.com/event-5101434)
At 7 pm on February 8, Melissa Findley Thompson will present an online program on “Healthy Living for Your Brain and Body” as you age. (https://www.ncmclifelonglearning.com/event-5101961)
At 7:30 pm on February 10, Mitten Smitten will present Max Lockwood & Eliza Thorp at the Crooked Tree Arts Center. (https://www.crookedtree.org/event/ctac-petoskey/mitten-smitten-max-lockwood-eliza-thorp)
At 7 pm on February 15, Rick Mixter will speak about “The Search for Le Griffon,” which sank in Northern Lake Michigan in 1679. (https://www.ncmclifelonglearning.com/event-5070091)
At 5:30 pm on February 16, Craig Wilson will speak about the “Voyageurs of the Fur Trade” at the Harbor Springs History Museum. (https://www.harborspringshistory.org/events/?action=evrplusegister&event_id=79)
At 7:30 pm on February 16, the Interlochen Arts Academy will present the ballet “Cinderella” at the Great Lakes Center for the Arts. (https://www.greatlakescfa.org/events/detail/interlochen-ballet-cinderella)
At 11:30 am on February 17, Charlie MacInnis will present an NCMC luncheon lecture “What Did You Say?” about the challenges for leaders talking to the public about complex issues. (https://www.ncmclifelonglearning.com/event-5084247)
At 7:30 pm on February 17, Blissfest will present Crys Matthews at the Crooked Tree Arts Center. (https://www.crookedtree.org/event/ctac-petoskey/blissfest-presents-crys-matthews)
From 9 am on February 17 to 6 pm on February, 20, participate in Petoskey’s Winter Wonderland Weekend with food, festivities and fun. (https://www.petoskeydowntown.com/events/winter-wonderland/)
At 6:30 pm on February 21, Craig Coffman will present an online course “Instant Piano for Hopelessly Busy People.” (https://www.ncmclifelonglearning.com/event-5077337)
At 6:30 pm on February 22, Craig Coffman will present an online course “Instant Guitar for Hopelessly Busy People.” (https://www.ncmclifelonglearning.com/event-5077198)
At 7 pm on February 22, Melissa Findley Thompson will present an online program on Money Managing in situations involving an Alzheimer patient. (https://www.ncmclifelonglearning.com/event-5111708)
At 11:30 am on February 24, during a Luncheon Lecture at NCMC, Brent Bolin will speak about the Top of Michigan Trail Council’s trail restoration challenge on the Little Traverse Wheelway. (https://www.ncmclifelonglearning.com/event-5107445)
Petoskey District Library
Property owners in Bear Creek Township can obtain library cards and use all resources of the Petoskey District Library. If your drivers’ license doesn’t display your Lakeside address, then bring in a document that does (i.e.; utility bill, tax statement) A traveling Holocaust exhibit is on display until February 14. No proof of library membership is required—all are welcome.
Rental Procedures
The Lakeside Board is revamping rental procedures and will roll them out soon. We need to have an accurate list of owners who rent their units. If you rent your unit, please email Carol Woodhurst. Include the listing site(s) and/or management company you use. Please include the property # to help us locate your listing.
Carol Woodhurst cwoodhurst@hotmail.com
February is a great month to enjoy Lakeside and Northern Michigan’s winter wonderland!!
Thank you to Shelly Germain, Greg Waller, Kevin Kissinger, and John Lehman for their contributions to this newsletter.
Carol Woodhurst