2016 DICA Annual Report Highlights

The following information was taken from a slide presentation shared by Jane Baker, vice president of community services for the Daniel Island Property Owners Association, at the annual meeting of the Daniel Island Community Association on November 16.

2016 Year-in-Review:
- Fully funded reserves
- Boat landing repairs begin around Thanksgiving
- Transition committee formed and has met twice
- Solid collection efforts by the POA Finance Dept. (only four delinquencies this year)
- Successful Hurricane Matthew recovery and other storm clean-up efforts
- Trail system app went live
- Edgefield Park amenity to be completed by year’s end
- Resurfaced Pierce Park and Scott Park pools
- Spent $28,000 on enhancements to Smythe Park

2017 Projects:
- Reserve study update
- POA insurance package goes out for bid
- Transition committee work continues
- Significant bike path/trail system resurfacing
- New pool furniture at Pierce Park and Scott Park
- Bathrooms remodeled at Pierce Park
- Continue Smythe Park landscaping upgrade
- Increasing ARB fines for builder job sites
- Funding new “rainy day fund” for unforeseen expenses not covered by reserves

2017 Budget Overview:
- Board members Greg Turner, Shawn Pinkston, and Matt Sloan approved the 2017 budget on October 31, 2016
- No assessment increase for 2017
- Will continue to fully fund reserve account

DI Community Fund Report:
- By end of 2016, fund will have awarded over $577,000 in grant requests and over $200,000 in community initiatives for a total of $777,000 in 2016 charitable giving (represents at 9% increase over 2015).
- 28 grant recipients including East Cooper Meals on Wheels, ECCO, and the D.I. Animal Hospital.

DICA Assets:
250 acres of common area
3 pools
7 parks
2 boat landings
45 ponds
25 miles of trail
11 full-time staff members

On the new City of Charleston indoor recreation center planned for Daniel Island:

“What we ended up getting is frankly one of the best new community centers that any portion of the City of Charleston has ever seen,” said Jane Baker, vice president of community services for the Daniel Island Property Owners Association. “The largest financial commitment to any community center the city has ever built and we’ll have it right here at Governors Park…This is going to be a fabulous new facility for the island, approximately 25,000 square feet, meeting rooms, gym space, space for a basketball court, volleyball courts. I really think it’s going to be a wonderful, wonderful asset for all of our residents to enjoy, senior programming, card games, whatever.”