Re: Budgets before finding a site
From: Virgil Huston (virgil.huston1955gmail.com)
Date: Sun, 2 Oct 2016 17:58:21 -0700 (PDT)
Way to throw your client under the bus. That should have been handled
internally and privately, then letting the original poster make any
corrective posts. That was unbelievably unprofessional and
self-serving. Damn.
Virgil

On Sun, Oct 2, 2016 at 8:01 PM, Lisa Poley <lpoley [at] vt.edu> wrote:
>
> HI All -
>
> I am working as the Cohousing Consultant to the Jubilee Cohosuing group and
> I would like to clarify and correct the earlier post from Susan Adams.
>
> The information that she posted is not an accurate representation of the
> groups ProForma budget (which is a working  estimate of likely breakdown of
> overall project costs to completion).
>
> The actual Proforma Budget estimates for completing the project are
> substantially higher than the number posted in Susan's email (I am not
> entirely sure where she got the information she posted - but it seems that
> there was some sort of (well intentioned) misunderstanding.
>
> Sorry to have to be the one to provide the disappointing news that no - it
> is not realistic to expect to build a 15 unit project for 1.3 million!
>
> All best,
>
> Lisa
>
>
>
> Lisa Poley
> Village Resources LLC.
> lisap98 [at] gmail.com
> 540 250-7032
>
> On Thu, Sep 29, 2016 at 3:40 PM, Susan Adams <sadams430 [at] gmail.com> wrote:
>
>>
>> Hi Jane,
>> Here are percentages from our pro forma budget for Jubilee in Floyd
>> Virginia.  Out cost of living is much lower than in most parts of the
>> country so I think percentages would be more helpful than actual numbers.
>>
>> Our total proforma budget is 1,355,666.   Of that we have allocated
>> 18.07% for Land and Insurance
>> 25.82% for Site development and Landscaping
>> 18.44% for Professional Services
>> 1.25% for Permits and Fees
>> 14.51% for Financing
>> 3.02% for Sales and Membership
>> 11.49% for Contingencies
>> 7.38% for the first phase of a common house.
>>
>> Hope this helps, and good luck to you all
>>
>> On Wed, Sep 28, 2016 at 10:31 AM, Jane Mueller <
>> MissionPeakCohousing [at] gmail.com> wrote:
>>
>> >
>> > As a forming group in search of a site, we need to put together a budget
>> > and set an appropriate membership fee and dues schedule. Does anyone
>> have a
>> > pro forma budget appropriate for BEFORE you purchase property and begin
>> > construction? (Our search on "budget" turns up information for groups
>> that
>> > are farther along in the process than we are.)
>> >
>> > Many thanks!
>> > Jane Mueller for Mission Peak Cohousing in Fremont
>> > _________________________________________________________________
>> > Cohousing-L mailing list -- Unsubscribe, archives and other info at:
>> > http://www.cohousing.org/cohousing-L/
>> >
>> >
>> >
>>
>>
>> --
>> *www.jubileecoho.com <http://www.jubileecoho.com>*
>> A great place to grow a family!
>> _________________________________________________________________
>> Cohousing-L mailing list -- Unsubscribe, archives and other info at:
>> http://www.cohousing.org/cohousing-L/
>>
>>
>>
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