Anonymous wrote:its just expensive to manage a facility that has huge insurance costs, is run by a volunteer board, and was built 70 years ago. All the area pools are dealing with similar problems. There are a couple of different ways to structure the assessment. When we did our renovation initially, we planned to do a similar assessment, with a smaller dues hike. Members complained, and we switched to just increasing dues significantly, and increasing our initiation fee significantly. Going into the renovation we had a healthy waitlist, we did run through the entire waitlist the year the increase went into effect b/c we lost so many members.
Anonymous wrote:What pool? I am in MoCo and a lot of these pools were built in the 1950s and just get more and more expensive to maintain. Pool foundation cracking is a big deal. While a $2,500 assessment is high, I don't think we'd save a ton of money by joining a different pool (since we'd have to buy in again), so we'd probably just pay it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Op, explain what it is they are having done. No one can comment intelligently without knowing some details.
Total pool overhaul, total bathroom overhaul, new driveway, new parking lot. Pool foundation is leaking, trees damaged foundation. They say its like 3.5 million project - costs have gone up, etc. It feels like they could just do the pool and the driveway and leave the parking lot and bathrooms for another day, but they don't want to do that. The renderings are very nice, but they claim we are losing members from wait list because there is not a separate "learn to swim" area which seems speculative. It's a lot of money, and we scrimp in other ways to pay for it because kids love it so much. Membership is capped under 400 because of county regulations, so they essentially need a large assessment to get a good interest rate for loan. They have healthy reserves but don't want to use them (this also has something to do with the interest rate).
$2,500 x 400 is $1M. So how are they doing a 3.5M project for 1M without tapping the reserves?
Anonymous wrote:Anonymous wrote:Op, explain what it is they are having done. No one can comment intelligently without knowing some details.
Total pool overhaul, total bathroom overhaul, new driveway, new parking lot. Pool foundation is leaking, trees damaged foundation. They say its like 3.5 million project - costs have gone up, etc. It feels like they could just do the pool and the driveway and leave the parking lot and bathrooms for another day, but they don't want to do that. The renderings are very nice, but they claim we are losing members from wait list because there is not a separate "learn to swim" area which seems speculative. It's a lot of money, and we scrimp in other ways to pay for it because kids love it so much. Membership is capped under 400 because of county regulations, so they essentially need a large assessment to get a good interest rate for loan. They have healthy reserves but don't want to use them (this also has something to do with the interest rate).
Anonymous wrote:I don’t understand why pools with robust/growing waitlists don’t charge $50 or $75 to be on the waitlist with that amounted credited on your first year of membership.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Our pool is saying if they don't charge families a lump sum payment of $2500 per family plus hike up dues, they may have to shut down (even though there is a long waiting list).
We were just adding up all the costs for swim team, and food donations, stroke and turn, guest passes and our current dues - and that's already $2000...We had a budget meeting where it was like if you can't do a lump payment we will let you make a 3-4 small payments with interest over a year or so. But the tone was very much like only ask for a payment plan under serious duress otherwise you want the pool to die. Does this seem normal? Especially in this economic climate? It feels like we are building a pool for the boomers grandchildren to enjoy as teens. It really skeeved us out - or maybe we are just naive.
What is the 2500 covering- how many families/members/etc? Are they unwilling to take loans or is this because they havent increased dues for decades and have loans that have come to roost. Speaking of boomers!!!!![]()
We have the same problem at a smaller scale. Years- decades really- of the board putting things off and now its year after year of we need a new x and a new y and a new z. These are KNOWNS as in a roof replacement. Bathrooms are shite.
They also have lots of rules that make little kid stuff not fun- ex. no diving for toys at the bottom of the pool- but the adults can bring alcohol to the parties. And theres lots of social events for older folks, which again, great but the pool pays for those and then stuff for families is pay per event.
Adults having alcohol isn’t really a great example of rules that favor older people. You want them to say legal adults can’t drink alcohol at your pool?
Alcohol doesn’t belong anywhere near a pool, it’s a huge liability.
Anonymous wrote:A one-time assessment for a major maintenance project or facilities upgrade is not all that unusual—this kind of thing is pretty common in shared spaces like condos. These assessments are often necessary to keep things safe and functioning long-term.
Also, having a waitlist does not cancel out the need for capital repairs. Dues usually go toward regular operating costs, not big-ticket infrastructure work.
Adding up your own swim team expenses, snacks, and other extras is specific to your situation and not really tied to the financial health of the pool itself. Those are optional costs that not every member pays.
And the bit about “Boomers’ grandchildren" is not fair. This kind of upkeep benefits everyone now and in the future. It is just part of responsible stewardship.
Stinks to have to shell out the extra money, I agree!
Anonymous wrote:Op, explain what it is they are having done. No one can comment intelligently without knowing some details.