On Jan 28, 2015, at 10:46 AM, Sarah Pritchard <sarahloupritchard@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?

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
_______________________________________________
sudo-discuss mailing list
sudo-discuss@lists.sudoroom.org
https://lists.sudoroom.org/listinfo/sudo-discuss