…..the most obvious source of financial woes presently, continues to be Food and Beverage. F&B losses through April already exceed budget 80k……. With F&B on target to lose 650-750k in 2019, our POA board has determined….. […]
While we are waiting for the Board to figure out how to ask Property Owners to approve a multi-million dollar welfare program bailout of the Golf Program (as proposed by the Bergen report), I decided to look at another massive expenditure that is even now being secretly executed….. A Complete Golf Cart Fleet Replacement. […]
In this Article we are going to dive deep into the world of Golf in Big Canoe. We will begin by looking at the very misleading picture painted by the Chambers Report. We will discover […]
New financials have just become available along with results of the Chambers survey, and questions from this author, and others, whether it be about flawed survey results or the financial state of affairs, continue to […]
By now everyone is mostly aware that the Big Canoe POA Board & Management is undergoing somewhat of a financial meltdown – although throwing an entitled, temper-tantrum is perhaps a better way to describe what […]
Kudos – to Administration and the Operating Departments for making budget for January 2019. Hopefully this is a trend that will continue throughout the year. Net income for the month represents an improvement of $84k […]
Flashback – Three years ago to February 2016. The Big Canoe Property Owners Association was in the midst of a $9.4 million dollar, 700+acre land purchase deal from the developer subject to property owner vote. […]
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