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The HOA, Finance Committee and Board are focusing on ways to reduce expenses in order to support the coming years budget. Generating additional revenue is the other half of the solution to keep us in budget and avoid additional assessments and dues increases. As owners in DPCC we offer a wealth of knowledge and experience.
What ideas do you have to generate additional revenues for DPCC?
11 Comments
Steven Micke
9/24/2020 01:08:16 pm
My idea is not so much on lost revenue but on bad debts. At our home Country Club we are required to have a credit card on file with the Club and at the 15th of the following month my bill is charged to the credit card or if I want to avoid the credit card charge we can pay it in full prior to the 15th. I think I've seen a large amount of bad debt where owners don't pay their bills. Honestly I believe this would also work for the monthly maintenance fees. I have the fee swiped monthly from my checking account but they could also mandate this way or by a credit card. Those unpaid fees uncollected by owners is just crazy high and with this idea we might save time in taking them to court or collections? Puts more money right to the bottom line.
Bruce Markham
9/24/2020 01:11:25 pm
Try allowing the outside Public to golf on our incredible Courses. Join “Golfnow” and other Golf Scheduling Tee time websites. We have not allowed any outside golfers since March. Most other Golf Courses in the Valley are allowing the Public to play their courses and Riverside Co. protocol has allowed it since early May.
Cyndie Baron
9/24/2020 01:24:53 pm
Dedicated parking spots. Pay $x a year and a sign is put up stating RESERVED. That becomes your dedicated spot. Someone is parked in it, call HOA Security and they ticket the car with a fee for the ticket.
Barbara Boag
9/24/2020 01:56:44 pm
What about not having 24/7 security and putting in a key in system instead!
Karen Wirtz
9/24/2020 05:14:43 pm
Would keeping the delivery option and daily specials at the restaurant help at all?
Cyndie Barone
9/24/2020 07:00:57 pm
Lots of good ideas!
Gilbert Caldwell
9/25/2020 07:50:27 am
Lease out the restaurant.
Cyndie Barone
9/25/2020 08:40:01 am
Exactly what I thought!! Mentioned it above and also sent a direct email about the idea to the board.
Lowell FRIEDMAN
10/8/2020 09:57:08 am
I was ordering out at the Country Club and heard that the Double Tree was not going to be serving food till next year. Congrats to the Dan and his staff for stepping in and providing to-go service to the hotel guests. This is a great example of revenue generation for the HOA.
Valorie Farber
1/21/2021 09:32:39 am
It’s statistically proven that tourists (people on vacation) spend more money.
Maggie Hood
7/31/2023 12:07:30 pm
I wish I had seen this blog back in 2020. Now I see lots of great ideas- NONE of which have been implemented by this board in 4 years. THAT ALONE says a lot! Your comment will be posted after it is approved.
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