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CA NEWS
Board Member Views By Steve Ricks, Resident Member
“Other income”
As a new Board member I received an orientation from all of Sun Rays and Directory. The 2016 INCOME
our Community Association (CA) staff directors describing their Lifestyle Department brought
department roles, responsibilities, challenges and achievements. in over $650,000 in other HOA
During this process I realized, again, what a truly great job they income from vendor fairs
do on behalf of our community and what a vital role they play and resident activities
in generating income for our community. I wanted to take this (bus trips, outings and
opportunity to acknowledge these efforts and give the residents group travel events). The
an appreciation of the income side of our CA business. remaining $700,000 came
from home resale transfer
How many of us believe that our Home Owners Association fees (460 home resales in
(HOA) dues and golf pass and punch card fees cover our HOA 2016), room rental, lease
and golf costs? Well, you may be surprised to learn that several income, renter fees and special
other income streams are required to cover all of our costs. events.
HOA GOLF
In 2016, HOA dues generated $8 million in income and covered In 2016, golf pass and punch card fees totaled $2.9 million
roughly 75% of our $10.6 million in HOA costs. The additional and covered roughly 67% of the $4.3 million in golf expenses.
$2.6 million needed to cover our costs came from “other income.” Where did the needed $1.4 million “other income” come from?
So where does the HOA “other income” come from? Our fitness The big four “other income” streams for golf included resident
centers bring in over $600,000 in income from fitness classes pay-as-you-go fees of $410,000, non-resident green fees (a.k.a.
and personal training fees. The Communications Department outside play) of $320,000+, merchandise sales of $350,000+
brought in about $700,000 in advertising income from the
Continued on the next page
CA BOARD RESIDENT MEMBERS Upcoming Board of Directors (BOD)
workshops and meetings
Bob Glandt Gary Sandercock
Vice President Treasurer Workshops and meetings held quarterly
512-819-0912 512-966-8447
[email protected] [email protected] WORKSHOP
Thursday, Nov. 2, 1 p.m., SCB
Sandy Goodman Steve Ricks Live on Channel 18
Secretary Resident Member
512-868-3453 512-868-9864 RESIDENT DIRECTORS’ OPEN SESSION
[email protected] [email protected] Wednesday, Nov. 8, 3 p.m., CCFG
Steve Ashlock, President MEETING
512-532-3355 • [email protected] Thursday, Nov. 16, 1 p.m., SCB
Live on Channel 18
Board Agenda and Minutes are posted
online at www.sctexas.org > Resident Home
Community Association Info > Board.
All Board workshops and meetings are posted on the
website following the meeting under Communications
> Videos.
BOD meetings are rebroadcast on Channel 18 on the
day of the meeting at 6 and 8 p.m. and the following
Wednesday at 6 p.m. Workshops are rebroadcast at 6
and 8 p.m. the day of the workshop.
8 | SUNRAYS SEPTEMBER 2017 ONLINE: SCTEXAS.ORG
