Important N
This Inform Meeting will
be an opportunity to hear and discuss the conclusions and recommendations developed
by the Long-range Financial Planning Committee and supported by the Association
Board.
The Committee has
been working over the last year to:
·
Identify
significant financial challenges for Mt Kemble Lake and;
·
Make
recommendation to the Association and Lakeshore Boards for meeting those
challenges.
This is your
opportunity to hear about and discuss:
·
Projections for intermediate and long-range
projects requiring significant funding;
·
Conclusions and Recommendations for
funding for projects, including:
·
Raising dues
·
Membership Fee
·
Selling land
·
Reducing
Services
·
Putting land
in a conservation (reduced tax) status
·
Borrowing
Note: The spreadsheets containing the reserve analysis developed by the LR Financial Planning Committee will be post on the Mt Kemble Lake website next week.