News from the Association

Holiday Wishes – this is the last article for the year and like every year one of the busiest and most stressful times of the year for many.  One of the blessings we all share is our community and the support we all have together.  My thanks to all the volunteers who worked so hard

Patrolling the Pond The First 10 Days Mike Miller, VP Lake Lotawana Homeowners Association We are just around the corner from the winter solstice, the shortest day of the year and the first day of winter. For those who love the four seasons, your adventure continues. For those who prefer warmer seasons, you are getting

Patrolling the Pond      Into Winter Mike Miller, VP Board of Directors, Lake Lotawana Association I hope you all had a wonderful Thanksgiving with your family and friends. No sooner did Thanksgiving go than an early snow arrived!  December is starting to look like December. With only a couple of inches predicted, it’s still seems a

Retained Earnings – During the Annual Budget meeting, a query arose regarding the “Retained Earnings” line item of $6,385,215 on the 2025 balance sheet.  In the context of a non-profit organization, this figure can be misconstrued as available cash, which is not the case.  Retained earnings in a For-profit corporation represents profits that are either

Annual Budget Meeting Summary – thank you to the 106 individuals who trekked out for the Annual Budget Meeting and for the many who sent in their ballots in advance.  Also, thank you to the membership for passing the 2026 budget plan and associated change to the Transfer Fee.  It was great to share all