2025 Budget Workshops
The Tahoe Donner Board of Directors, staff and committees work on the 2025 budget from July through October. Members are encouraged to get involved and provide their valuable input.
Factors that impact the 2025 budget include:
- Sharp increases in the cost of General Liability and Worker’s Comp Insurance are expected
- Increased costs for ongoing risk, safety and defensible space efforts, in addition to program initiatives to ensure compliance in the same areas
- Ongoing cost pressure to attract and retain staff with competitive wages
- Rebuild of the Downhill Ski Lodge and the trickle-down effect on winter operations
- Continued prioritization of savings for long-term capital investment
- Continued focus on cost savings, operational efficiencies/optimization, and member experience
WHAT IS COVERED BY THE ANNUAL ASSESSMENT?
There are four components that go into your Annual Assessment:
- OPERATING 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 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
HOW CAN I GET INVOLVED IN THE 2025 BUDGET?
Members are encouraged to participate in a variety of ways:
- Attend a board workshop on August 29, September 12, October 3 and/or October 10, if necessary
- Fill out a feedback form
WORKSHOPS
WORKSHOP #1: THURSDAY, AUGUST 29 | 9AM
Dedicated to the Operating Fund, which includes budgets for amenities and supporting departments
Staff will present operational assumptions for the coming year. The Operations Fund components include departments and amenities such as Food + Beverage, Downhill Ski Resort, Cross Country Ski Center, Golf Course, Trout Creek Recreation Center, Beach Club Marina, Architectural Standards, Administration, Forestry and Trails. Current assumptions include a sharp increase in labor costs, a rise in insurance costs, workforce housing and more. See the following presentation documents below for key assumptions and figures:
WORKSHOP #2: THURSDAY, SEPTEMBER 12 | 9AM
Dedicated to reviewing the 20-Year Capital Improvement Plan and followup on select departments from the previous Operating Fund workshop. Documents, presentations and videos to be posted
WORKSHOP #3: MONDAY, SEPTEMBER 23 | 9AM
The Board of Directors will meet with staff, the Finance Committee, and the Chairs of the Long-Range Planning and Trails & Open Space Committees to discuss:
• Staff updates on select Operating department draft budgets.
• Staff will present information on the draft 2025 Capital Fund Budgets.
Following the presentation, the Board may provide direction on the select Operating department draft budgets and the 2025 Capital Fund Budgets
- Documents, presentations and videos to be posted
WORKSHOP #4: THURSDAY, OCTOBER 3 | 9AM
Review the updated fund budgets and propose the recommended Annual Assessment for potential board approval.
- Documents, presentations and videos to be posted
WORKSHOP #5: FRIDAY, OCTOBER 10 (if needed)
Tahoe Donner is holding its fourth and final board budget workshop in person at the Northwoods Clubhouse and online via Zoom.
The board will adopt the 2025 budget as presented with or without modification or provide direction to staff to refine fund contributions for approval at this meeting.
- Documents, presentations and videos to be posted
