Newsletter – June 2009

Blue Tree Times Newsletter - PDFExcerpt from the newsletter:

With the coming of another exciting year for Blue Tree Resort, we are very pleased with the status of the resort. Although the worldwide economic downturn has prompted us to be very cautious with respect to expenditures and to watch our cash flow very closely, we are pleased to report that the resort remains in good shape financially.

Our rental income from delinquent owners and Association owned units are in line with our budget expectations. Our rental program allows us to generate revenue from units the Association has repossessed from delinquent owners and from units of owners who have not paid their maintenance fees, which reduces the maintenance fees for our other owners. This income allowed us to keep the 2009 maintenance fees the same as 2008. The program also provides owners with an outlet for rental of their unit if they choose not to visit during the year.

Continue reading the Newsletter – June 2009.

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