The Pot

You know that if residents don’t use their $150 credit during the month, then they lose it. But, where does the leftover money go?

There isn’t a magical pot at the end of the rainbow for the money to go to, but where it does go is actually pretty simple. The unused portion of a resident’s monthly credit doesn’t roll over to the next month and it doesn’t get transferred to another account. The amount is absorbed into the operating budget to continue covering the costs of services that Meadowlark Hills provides to Independent Living residents in exchange for their monthly service fee. Some of the services provided by Meadowlark Hills include (but aren’t limited to!): utilities, maintenance, grounds keeping, activities and events, and the monthly credit that can be used in the restaurant, café or pub.

Thanks for stopping by – see you next week!