🧮 Where’s the Money Going After Cutting the Superintendent to 2 Days?

Starting September 1st, the Board reduced our superintendent’s on-site days from 5 days a week down to just 2. That’s a 60% cut in service.

Let’s break down what that means in simple numbers:

💰 How Much Money the Corporation Saves

Full-year cost at 5 days: ≈ $89,340
New schedule (2 days): 60% less time → $53,604 saved per year
But because the change starts September 1st and our fiscal year began June 1st, we only see 9 months of savings this year:

This year’s saving = $53,604 × 9/12 = ≈ $40,200

📊 What That Means Per Unit

Unit Type	Monthly Savings	Total 9-Month Savings
2-Bedroom	≈ $20	≈ $180
1-Bedroom	≈ $15	≈ $135

So, on average, each unit is contributing $15–$20 per month for services we are no longer receiving.

❓ The Key Question

If the corporation is saving about $40,200 this year:
Where is that money going?

Will it be used to reduce our fees?
Will it be allocated to something else?
Why hasn’t this been explained to owners?

📌 Bottom Line

We’re paying the same fees for less service.
If the Board is saving $53,600 per year by cutting our superintendent to 2 days, owners deserve a clear answer on how these savings are being used.

I don’t know about you, but I’d rather use my $20 to buy a book every month. I’m an avid reader.

Think about it – what would you rather do with yours? A subscription? A book?

Because right now, we don’t know where it’s going. And until we start asking, we won’t.

Condo Chronicles