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?
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.
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.
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.
9/24/2020 01:56:44 pm
What about not having 24/7 security and putting in a key in system instead!
9/24/2020 05:14:43 pm
Would keeping the delivery option and daily specials at the restaurant help at all?
9/24/2020 07:00:57 pm
Lots of good ideas!
9/25/2020 07:50:27 am
Lease out the restaurant.
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.
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.
1/21/2021 09:32:39 am
It’s statistically proven that tourists (people on vacation) spend more money.
Your comment will be posted after it is approved.
Leave a Reply.
This blog is designed as a means to provide transparency and informative access to the policies and protocols of the Desert Princess Palm Springs Homeowners Association, the governance of the HOA Board of Directors and the management of the community’s assets by The Management Trust. The expressed intent is to establish a neighborhood hub for trusted connections and the exchange of helpful information, goods, and services; it is hoped that homeowners will use it to build a stronger and safer Desert Princess Palm Springs.
Share this space in a constructive way. Be kind, not judgmental, in your conversations
Remember you are speaking to your real neighbors. Strong communities are built on strong relationships
DO NOT DISCRIMINATE
Racism, hateful or foul language, or discrimination of any kind will not be tolerated.
NO HARMFUL ACTIVITY
Any activity that could hurt someone—from scams to physical harm—are off limits.