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Lenox Park
Welcome to Lenox Park of Novi, Michigan
Today Is...
October 24, 2021
Today's Holiday:  Bologna Day
Click on the holiday and history links for more information.

Budget Bits - September
Posted on Sep 16th, 2021
by Mike Bossio, Treasurer
From the August 31 Balance Sheet, our Operating Fund is sitting at $185,105.99, less $23,004.05 than the July balance of $208,110.04. The primary reason for the drop is expenses incurred due to the removal and cleanup of felled trees, and the repair of relatively minor condo damage. Several severe storms in August knocked over a number of trees in our community. These expenses exceeded $30,000 for the month of August alone. There were actually a couple of other downed trees but those expenses occurred in September and won’t be seen in our financial performance until the October financial statement. The Reserve Fund for August is sitting at $1,167,605.87, less than the July statement by about $21,581. We paid painting expenses of $38,780 in August. This was a planned expense. We of course did deposit the planned RF monthly deposit of $17,046.17, and we earned interest of $152.76. It was clearly a tough month given the storm damage and painting expenses. We will review the budget and look for offsetting expenses to help us continue to control our expenditures. It is our hope that we won’t incur any additional unanticipated expenses.
I will continue to keep you apprised of our performance on a monthly basis.
Posted on Jul 27th, 2021
by Gayle Hinman
·      The irrigation has been turned off until our soil dries out a bit. With the 12” of rain before and the recent storm, the soil is drenched. In some areas, moss is growing under the grass. In addition, the flowers at the front entrance were beginning to rot. Great Oaks will continue to monitor the soil conditions and let us know when to turn it on.

   Upcoming Events   
November BOD Meeting
Thursday, November 18th, 10:00 am
Location:  Rick Shanoski, 30166 Brightwood Drive

Update - August Financial Report
By Webmaster on September 16, 2021
To review the August 2021 Financial Report, go to the Financial Matters page of the website.