Subject: 2022 Proposed Budget
QL Residents -
The Budget Committee has completed the arduous task of putting together the proposed 2022 budget. We have done extensive review of past years budget to actual, contacted vendors, utilities for rate increases or any changes that may be happening in 2022 so we are able to put together a budget as close to expected expenses minus a crystal ball.
After many meetings, please see attached the proposed QL 2022 budget for review which is again a month earlier than years prior to 2020. Also attached is the FY 2019, FY 2020 Budget to Actual along with the FY2021 Proposed Budget. Hopefully this will help in reviewing the 2022 Proposed budget.
There will be a townhall announced shortly for review of the budget and reserve study for those of you that would like to attend. The proposed budget will be reviewed also at the September board meeting, then for approval at the annual meeting in October.
I’d also like to thank my committee members, Marlene and Krystal along with Lisa, our property manager, as their input and understanding of the budget processes is invaluable. And thank you to those board members, Reg, Mike and Bob who also worked with us on the final run thru for their input.
Any questions, please do not hesitate to reach out to me [email protected] .
Chair -Budget Committee