CCR Resource Fund Annual Dues Propsal FAQs
The Long-Term Financial Planning Committee has recommended the creation of a Resource Fund allocation on the Annual Dues Statement with a first-year amount of $ 142.00( approximately $ 205.61 based on 2006 certificates including surrendered certificates) to generate approximately $ 285,000 annually. This proposed amount will increase each year by the CPI with a maximum of 5 %, as currently stated in the bylaws of the Operating Fund.
Here you will find information about the upcoming proxy proposal for a Resource Fund Dues request. These FAQs were created based on the membership’ s questions from townhall meetings, emails, and conversations.
Please go to http:// ccra. club / resource for the most up-to-date FAQs.
About the Proposal As we all are aware, expenses for our households have gone up over the last decade. So, too, have the costs at CCR. CCR’ s Resource Fund has been funded for many years through primarily gas revenues and those revenues have diminished greatly over the years. CCR has not had or asked for a Resource Dues or Assessment to make adjustments for basic inflation, but we are at a juncture where funding is necessary just to maintain our current levels of service and maintenance.
Your CCR Board of Directors and Management are now being faced with the possibility to reduce or eliminate many of the natural resource services and amenities that you have come to enjoy. The Board put together the Long Term Financial Planning Committee to recommend a way to sustain our services and amenities. To make up for lost gas revenues at Canada Creek Ranch, the Long- Term Financial Planning Committee has recommended the creation of a new Resource Fund allocation.
Over the past few months, we have attempted to be clear, transparent and open with the upcoming decisions that CCR will have. As fellow members, we hope you see the tremendous value you receive from this great club in exchange for the overall annual dues you pay.
The following dates have been set for Q & A sessions in the Bickley Room, unless otherwise noted. At these meetings, Members will have the opportunity to express their views and ask questions pertaining to the proposal.
February 16, 2025 @ 10:00 AM April 11, 2025 @ 6:00 PM( CANCELLED) June 18, 2025 @ 6:00 PM ZOOM ONLY August 2, 2025 @ 4:00 PM
March 22, 2025 @ 2:00 PM May 17,2025 @ 2:00 PM July 6, 2025 @ 1:00 PM
25 17
Continued on page 18