29 Jan
2015
29 Jan
'15
4:58 p.m.
On Jan 28, 2015, at 10:46 AM, Sarah Pritchard
<sarahloupritchard(a)gmail.com> wrote:
Hi there!
See below for a link to Sudo Room's invoice for January's shared expenses at the
Omni. Take a look and let me know if you have any questions.
For your reference, here is the breakdown of the Omni's total expenses (utilities,
taxes, & insurance) from this month:
PG&E: $691.74
EBMUD: $390.09
Waste Management: $60.21
Building Insurance: $660.00
Why are renters paying Building Insurance?
$660 a month is a lot for insurance.
General Liability Insurance: $188.16
This seems
very reasonable for Liability insurance. Maybe a little too low
Director's & Officer's Insurance: $302.00
$302 a month seems like a lot - that is $3600 a year - that seems like a lot.
Taxes: $595.62
What kind of taxes are these?
Sales tax? Business Tax?
Sorry to ask such questions but maybe you can save some money here.
I have been told that Insurance companies don’t want to write policies for less than $800
- so you may just be paying a bunch of money for not a very good reason like that is the
least they will charge to write a policy.
One idea might be to look into collectiivizing insurance. Perhaps there are individuals
with insurance needs that can come together to get more coverage and lower the cost.
The utilities are split evenly between member
collectives and tenants. All of our taxes and insurance are shared between member
collectives only.
Let me know if you have any questions, and please pay Sudo's portion of the shared
expenses as soon as you're able.
Thanks and <3,
Sarah + Omni Finances WG
Below please find a link to Invoice #132.
Amount due: $433.72 USD
Due by: 2015-02-01
To view this invoice, please visit: https://waveapps.com/qv2frm-tjm6xh
<https://waveapps.com/qv2frm-tjm6xh>_______________________________________________
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