Archive for the ‘Community Issues’ Category

How to reduce your community fees

Wednesday, August 11th, 2010

Warning: mysql_connect() [function.mysql-connect]: Access denied for user 'ocm2inf_vincent'@'localhost' (using password: YES) in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 16

Warning: mysql_select_db() expects parameter 2 to be resource, boolean given in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 17

Warning: mysql_query() expects parameter 2 to be resource, boolean given in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 35

Warning: mysql_num_rows() expects parameter 1 to be resource, null given in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 35

As promised in the last blogs, I will share with you a number of things we have implemented for reducing our community fees.  But before we do that let’s just remind ourselves of something interesting.   I would think that by now almost all of us are aware of the energy saving light bulbs.  The cost of these bulbs vary and at times are as high as 10x a standard tungsten light bulb.  What I am trying to say is that in order to save electricity you have to spend at times a considerable sum replacing the tungsten light bulbs.  Same applies to solar panels, salt water purification for swimming pool and so on.

So, I hope that I have made a point and although it is not true for all cases it is for many.  Every year most communities spend anything from a couple of hundred to several thousands of euros on photocopying and postage.  All these can be replace by online systems that are automated and designed for this service.  Even if the statutes of your urbanization requires that all correspondence be sent by registered post, you can still get the owners confirmation and consent that they accept and would like to receive their communication by email.  So all you have to do is to make sure that you get this letter of consent from all current and future owners.  Those who do not have email or access to any PC can carry on receiving the information by post, but most people these days have at least one relative who has email and will be happy to receive a few emails per year and print it at their own cost for them.

Time and time I come across communities who say that they are too old to use these services, yet there are people older than them using facebook and hotmail …   The world does not go backwards and we can’t escape technology.

How does the VAT chage affect your community fees?

Friday, August 6th, 2010

Warning: mysql_connect() [function.mysql-connect]: Access denied for user 'ocm2inf_vincent'@'localhost' (using password: YES) in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 16

Warning: mysql_select_db() expects parameter 2 to be resource, boolean given in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 17

Warning: mysql_query() expects parameter 2 to be resource, boolean given in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 35

Warning: mysql_num_rows() expects parameter 1 to be resource, null given in /home/urbynet/public_html/wp-content/plugins/ocm_news/ocm_news.php on line 35

The VAT was increased on the first of July. This has already affected all your bills from day to day shopping to petrol, gas and electricity. So how does this affect your income / expenses?

The VAT (IVA) of 4% that applies to basic and primary items such as:  Bread, frozen dough, eggs, cheese, milk, beans, fruit, vegetables, books, magazines and newspapers remain the same.  However the 7% rate has increased by 1% to 8% that includes other food stuff, soft drinks, property sales, hotel and restaurant, etc.

However the 16% rate has increased by 2% to 18% that affects most services, repairs, petrol and so on. 

Apart from water and electricity, the 16% rate is what most community bills are based on.  All your maintenance contracts and most products purchased by your community are affected by this increase which will of course reflect on your community expenses and finally your community fees in the coming year.

While some of us have not felt or counted the difference of this change in our daily life (maybe as yet), what’s for sure is that an increase in our community fees is the last thing that we would like to see at our next AGMs! 

So can we avoid it?   I personally think yes.  There are plenty of ways that an active committee can do to reduce your community fees and not just by 2%.  In my next few articles I will try to concentrate on giving you advice on how to reduce your community fees.