AILG Financial Study
In 2009, the AILG conducted its first Financial Study to help provide data that may assist AILG members in making informed decisions about the operation of their individual houses. This data included both operating expense data as well as comparative housebill data, aimed at helping to answer questions such as:
- Is our house paying more than average for a given operating expense (e.g. electricity, trash pickup, etc.)
- How does the cost of living in our house compare to living in the dorms or the average FSILG?
In 2010, the housebill analysis was conducted again, to build upon the success of the 2009 Housebill Survey and Analysis, and to continue to build historical trend information that will be useful to all members.
Housebill Analysis - 2010
The results of the 2010 Housebill Survey (for which we had excellent participation - almost all houses participated) have been distributed to each house's online FCI document locker, which you can find by logging in at: http://inside.fsilg.coop (If you are unsure of your username / password, contact Scott Klemm at s k l e m m (at) fsilg.coop.) Located in the "Other Documents" section of your locker you should find:
- "2010 AILG Housebill Analysis - Full Report" - the full report containing all charts, narrative and anonymous, summarized data
- "2010 AILG Housebill Analysis" - a personalized report for your own organization that details your own organization's data
- The 2009 versions of both of these documents are also in your locker
Operating Expense Analysis - 2009
A preliminary analysis of FSILG operating expense data has been performed using FY2007 data (with some historical comparisons to FY06 and FY05). We hope to place an electronic version of this very informative report in your online (password protected) FCI locker soon, once the report is finalized. We are also hoping to update this analysis periodically with the addition of new year data.
Long-Term Maintenance Funding Study
The Finance Committee has started to look at the topic of what member organizations are doing to set-aside funds for long-term maintenance / capital improvement. A goal being to help identify "best practices" and perhaps some sort of financial model that can help member organizations be thoughtful about financial planning for long-term maintenance and capital needs. If you have suggestions or requests regarding this study, please contact Karl Büttner (k b u t t n e r (at) alum.mit.edu), AILG Finance Committee Chairman.
Data Privacy
Information produced and shared as part of this Financial Study will only be presented anonymously and will not be identified by specific house.
For More Information
If you have any questions, comments or suggestions about the Housebill Survey or Financial Study, please contact Karl Büttner (k b u t t n e r (at) alum.mit.edu), AILG Finance Committee Chairman or Rich Possemato (p o s s e (at) alum.mit.edu), Housebill Survey coordinator.
