The strong peso and OOMSAPAS water rate increases have blown a hole in our 2023 budget. See “Stronger Peso busts budgets expressed in USD.” It also has major implications for 2024.  If we simply buy the same goods and services…

As reported earlier (see “Reserves Study” To Assess Adequacy of Our Reserves) we engaged SCT Reserves to assess our Reserves.  SCT Reserves is a professional services firm that provides Reserves Studies to California condominiums, and they conducted studies of Las…

Last week, your HOA received two financial reports, both of them showing serious fiscal “challenges.” Let’s look at the reports, causes, implications and alternatives for action going forward.

What the Reports Say:
(All numbers are USD unless otherwise indicated.)…

It’s no secret that collecting revenues in one currency (say, US dollars or USD) and having most of your expenses in another currency (say, Mexican Pesos or MXN) exposes the budget to “currency exchange rate risk.” So long as the…

Overheard at the Phase II Pool, one middle-aged woman to another:  “Oh, it’s just another sex party on the beach.” What?  What did she say? I needed to learn more.  For sure.   It turns out that this is what she…

It’s been a bit of a slog (don’t ask!) but we finally got all the permits in hand, all the contracts vetted and signed, all the supplies delivered, all the money banked and even got the initial construction started. Now,…

I got this picture as we were descending over the Gulf of California, returning to San Jose.  Great view of the BCS peninsula! Video

The Presidents of the HOA Boards from Mykonos, El Zalate, Las Mañanitas, Viva, Las Olas, La Jolla and La Costa were invited to an “organizational meeting” of HOA leaders from condos along the beachfront in San Jose.  Four of the…

Your Board and the Community Manager are addressing maintenance issues aggressively — not deferring maintenance and investing in quality materials. This sort of preventative maintenance costs more now, but saves a lot of money over time. See picrtures.

OK, the new tennis court surface has gone in.  The lines for the two pickleball courts are in yellow and the tennis lines are white. See the picture below.

This layout creates a slight ambiguity for tennis players receiving serve because the side court lines on the pickleball court are slightly inside the service area of the tennis court — see the highlighting and […]