OUTDOOR RESORT PALM SPRINGS
Message from the Board
well and having enjoyed a wonderful holiday season! Hard to believe that another year has come and gone. Although the calendar year is over, staff is
JANUARY 2018
Board of Directors President B RIAN C ANFIELD Vice President M ARYELLEN M UIR Secretary D EDE L OOP CFO C RAIG W IRCH Members
busily preparing for our upcoming fiscal year. As many of you are aware, our fiscal year begins July 1 but we adopt the budget the first week in March. This means that the projects for the summer of 2018 are being discussed and planned. Operating budgets are being reviewed and compiled and the reserve study is in the process of being updated. Per California Code, the reserve analyst needs to do a site visit and walk through every three years to review components on the reserve study and this will have been completed by the time you read this article. There will be more written about the budgets and the timeline of adoption in future Oracle articles and Out and Abouts from the GM. One item that is planned concerning budgets is another survey from the Strategic Planning Committee (SPC), with input from the Facilities Planning Committee, that will be asking about opinions about some of the ORPS facilities and potential future reserve and capital expenditures. The SPC hopes to have this survey approved by the board at the January 15 board meeting and distribute shortly thereafter, so please be on the lookout for that. Another item that came to the forefront is workers compensation. Workers comp. premiums are driven by the experience modification rate (mod rate for short) which is the number that insurance companies use to assign risk based on past injuries and to gauge potential future injuries. When ORPS did our workers comp renewal for January 2014 the mod rate was $1.48 and our premium was $93,945. On our renewal quote this year, our mod rate is scheduled to $0.72 and one renewal premium quote is $32,341. What a difference! This $0.72 mod rate is about as low as you can get in the state of California. I would like to thank our Accounting department for their continual work on our Safety Program and also to each department manager for reinforcing good, safe habits. Lastly, I would like to thank all the ORPS staff for working safe and being conscientious. Please feel free to relay the same to them when you see then out on the property!
Welcome to 2018 and Happy New Year! This year there are many issues to be considered. The Board will be dealing with the recommendations from the Facilities Planning Committee. Just a couple of items are redoing the pools decks and shade structure and sprucing up the awnings and umbrellas at the ES clubhouse. The possibility of adding more Pickle Ball courts will also be considered. Our CFO, C RAIG W IRCH , reports that early indications are that Revenues remain on target while Expenses remain slightly under Budget. We have just approved the Budget Calendar and hope to approve a budget calendar template to assist future Boards going forward in the integrate process of budgeting. Be part of the process by attending Finance Committee meetings and the combined Finance/Board meeting planned for February 21, 2018 to discuss Operations, Reserves and Capital Budgets. At the last Board meeting it was voted to increase the Resort Fee from $10 to $12 effective July 1. This amount is still in line with or lower than our counterparts in the valley. With three openings on the Board, nominations must be in to the Board Office no later than 4 PM on January 5. Working on the Board is very fulfilling in being a part of a group doing what is best for our beautiful Resort. Remember, everyone is a volunteer and we need you to join us. The next regular Board meeting is January 15 at 1 PM in the La Palma clubhouse. Please plan to attend. 2017-2018 BOARD OF DIRECTORS B OB M OORE , J IM W ALLER , V ICE P RESIDENT M ARYELLEN M UIR , T ED W ILSON , S ECRETARY D ED E L OOP , CFO C RAIG W IRCH , P RESIDENT B RIAN C ANFIELD .
B OB M OORE J IM W ALLER T ED W ILSON
General Manager C LINT A THERTON
Oracle Staff Editor Emeritae E LLEN L YNCH C ATHY C HAUNCEY
Editor E VA N ORCROSS
Photo Editor P OSITION V ACANT
Production Staff L OUISE K NOBF S USAN M ATTHEW J OANNE N YQUIST M ARY A NN P RIDDY M ARGIE S LEIGHT L UANN W ARD
DEDE LOOP, Board Secretary
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