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Sunday, November 7, 2010

Everyone can calculate the ratio for the hydro/electricity consumption for 2007, 2008, 2009– all the numbers were pulled from the Financial Statements of YCC244.

YEAR

2009

2008

2007

Total Common expenses

1,177,214



Electricity

584,463

558,522

588.522

percentage of hydro

50%

49.47%

588,522

According with these ratios the

MAINTENANCE MUST BE REDUCED BY - 40%, the difference of 10% will cover the common elements.

In addition, please have a look of all Operating and administrative expenses:

Electrical and lighting 2009=$ 7,013; 2008=$ 13,136 in top of electricity

Cleaning Contract 2009 = $ 54,084; 2008=$ 40,312

Cleaning Supplies 2009= $ 3,167 ; 2008 = $ 5,770

Telephone and communication 2009=$7,998 2008=$ 7,378

Maybe the board can explain about these high expenses

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