2022 Budget Report

ON OCTOBER 15, 2021, THE TAHOE DONNER BOARD OF DIRECTORS PASSED THE 2022 BUDGET. READ MORE HERE


The Tahoe Donner Board of Directors, staff and committees worked on the 2022 budget from July through October. Members were encouraged to get involved and provide their valuable input. Factors anticipated to impact the 2022 budget included:

  • Anticipation of increased skier visits from the 2020/21 season
  • Continued staff shortages and a need to focus on J-1 recruitment
  • Increases in compensation and benefits to stay competitive in a tight labor market
  • Momentum in golf visitation
  • Continued focus on cost savings and efficiencies
  • Continued prioritization of savings for long-term capital improvements
  • Caution for COVID-19

WHAT IS COVERED BY THE ANNUAL ASSESSMENT?

There are four components that go into your Annual Assessment:

  • OPERATIONS FUND: Annual revenue and expenses for all amenities and HOA services.
  • REPLACEMENT RESERVE FUND: Funds that plan for maintenance/repair, replacement and restoration of common area components and facilities. Ex: Replacing windows, furniture or computer
  • NEW MACHINERY + EQUIPMENT FUND: Funding for new items that improve operational efficiency or additional member services. Ex: Additional treadmill or new software
  • DEVELOPMENT FUND: Anticipated capital improvements. Ex: Land acquisitions, additions or new buildings

WORKSHOP INFORMATION

WORKSHOP #1: THURSDAY, SEPTEMBER 9

WORKSHOP #2: THURSDAY, SEPTEMBER 23

WORKSHOP #3: FRIDAY, OCTOBER 15


BUDGET DOCUMENTS