14
Year in Review - Highlights
KICA Finances
$1.387 Million Income from CTRs
The budget for Contributions for Reserves (a 0.5% fee paid by purchasers on real estate transactions) in 2012 was $1
million. Yet, due to higher than expected real estate sales, KICA received $387,000 more income than was budgeted.
$2.5 Million Line of Credit
The board unanimously approved a $2.5 million line of credit for the purpose of funding emergency repairs following
a named storm. Advance planning for a disaster is critical. In the event of a major storm, it is imperative that KICA has
immediate access to funds for repairs and cleanup.
KICA Security
1,816,931 Vehicles Passed Through
the Main Gate (Does not include PGA attendees)
KICA’s Security Department had an extremely big year managing the
almost 2 million vehicles through the main gate and 980,545 through
the Vanderhorst Gate (V-gate), in addition to the considerable time
spent planning for the PGA and working out logistics. To manage all
of this traffic KICA installed new gate software in 2012, CapSure,
which closely monitors traffic and island access for a more secure
community. This software will be fully implemented in 2013.
KICA Recreation
16,747 Visits to the Pool
The Sandcastle pool, open daily, had a very busy year due to recreational use, aqua
aerobics and swimming lessons.
85% of Waste at Celebrate Kiawah was
Recycled or Composted
At the Sandcastle’s annual springtime soiree for the membership, over 450
members, guests and children socialized with neighbors, swayed to the music,
and indulged in drinks and hors d’oeuvres.
14 Different Types of Fitness Classes Offered
The Sandcastle saw a jump in fitness class participation this year as the association added three new classes.
1 New Amenity
Cinder Creek Kayak Access: In June, KICA’s Major Repairs and
Replacements Department installed an extension to the current dock at
Cinder Creek, which features a gentle ramp into the water for a safe and
easy way to access Cinder Creek by canoe or kayak.