By now probably everyone, management, leadership and property owners alike, openly acknowledge that Big Canoe food and beverage is stacking up unreasonable and unacceptable losses. What has not been defined is the source of the […]
…..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….. […]
What is the $192,739 reduction in equity since year end 2018, and where exactly did it go? This question was asked in my previous editorial, and leadership quickly took the opportunity at the April board […]
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 […]
Really hopeful and expecting the best, the February 2019 financial package was reviewed along with board presentations, committee minutes and Smoke Signals articles only to find further questions and frustrations. Overall financial results do continue […]
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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