׉?ׁB!בCט(u׉׉ 7cassandra://RzU_05_4qSFGW7mdNrRajgvELxhc85UujTsA7TD69_g`׉ 7cassandra://IDtG8sYbmKWGcqHNoO9iNnjG1vK6dX3v4TeTOrilAT4ͭ]`s׉ 7cassandra://1cmdI6fj6dabFTn56Wm24sPmwnmRLOMB9Jipv95uUvQ6&`׉ 7cassandra://1Gd3FwV3zUGT4FAiZGomw_YNK-ZiHZJOlf_iDeX1dgU$>͠]X\旬ט(u׈CNSvu׈EX\旬׉EoH B OME UILDERS A There was no fun to Spare! The Professional Women’s Council held their annual Bowling Event at the St. Clair Bowling Alley with teams out for fun with 3 rounds of gutter balls, splits, spares & strikes! This event raises funds for the annual PWB Student Scholarship and School Project Fund. The Shake & Shingle Supply Team (pictured to the left) had the highest overall score of 2,508. The PWB Council would like to thank everyone who participated by bowling, buying a raffle ticket and our incredible sponsors for their support. You can find scores, pictures and remaining winners through out this issue. # GO VOTE! The leaders we elect at the local, state and federal levels will impact our families and business for years to come. That’s why voting is such an important responsibility! It’s a chance for you to weigh in on the issues that matter most to you. Mark you calendar to vote on Tuesday, November 8th. A complete list of our State & Federal Candidates can be found on page 11 SSOCIATION NEWSBRIEF The Official Newsletter of the Home Builders Association of Greater Southwest IL The Voice of the Homebuilding and Remodeling Industries in Southwest Illinois. Representing Bond, Calhoun, Clinton, Greene, Jersey, Madison, Monroe, Randolph and St. Clair Counties November 2016 issue www.hbaswi l .org Power Women Luncheon (left to right) Carlyle Mayor Mike Burton; Carlyle Lake Army Corp Asst Manager, Jackie Taylor; PWB Chair, Beth Jacob; Colonel Laura Lenderman, SAFB, HBA EO, Tracy Butler; Illinois Policy Institute President & COO, Kristina Rasmussen HBA members had a special treat when Colonel Laura Lenderman from Scott Air Force Base 375th Air Mobility Wing and Kristina Rasmussen from Illinois Policy Institute shared their professional and personal lives with us. Both ladies are excellent role models in their respective industries. More information on page 8 ׉ 7cassandra://1cmdI6fj6dabFTn56Wm24sPmwnmRLOMB9Jipv95uUvQ6&`X\旬X\旬(בCט(u׉׉ 7cassandra://farEoFVpxSoauOmE892WDrUzKGjbyfpifdYc4nS0WjUW<`׉ 7cassandra://9RQO8XqF_4k9kNJFsbjyolCHxKIB_h2gwCIba3MWqWI͉`s׉ 7cassandra://dpPC_KFj3sn-d5A7S9lmMI6GXhBFItUBQLI4lFcoDBM1`׉ 7cassandra://38m5ga_G6Aqb3X8FUVQ_OmVyXa2lphZ0KlUs5YIO3h06)͠]X\旬ט(u׉׉ 7cassandra://1ZUmFcUbVRsz0-OGHY9X8NuAlBmzE_sD6JGPoz2KyJI>`׉ 7cassandra://SZlOdRODZA7XkGPxT4YIE8GKyH9JrieaC0h6ATpse0k̈́`s׉ 7cassandra://H-TjRACJk9lL7cCVHiAbdGuzhwibbTs6ncsg1QeqxFI*Z`׉ 7cassandra://zOeMhYDBBehXn2HOrQzg77wSWyB8tym7olP2MqnOTg4@B*͠]X\旬נX`旬aZ̊9ׁHmailto:hba@hbaswil.orgׁ ׁ Ј׉EKeith Dickerson with Shake & Shingle Supply was the winner of the Most Strikes Award with 23 strikes and also the winner of the Highest Score for Individual with a score of 715! With a total of 23 gutter balls the Best Gutterball Thrower Award goes to Shanyon Carter w/ Wells Fargo Home Mortgage! Thank you to our Spare Sponsor! Congrats to John Decker w/ Decker Homes and Drake Construction (not pictured) for winning the booze barrow raffles! Thank you to Liese Lumber for the donation of the wheel barrow! 2 ׉ 7cassandra://dpPC_KFj3sn-d5A7S9lmMI6GXhBFItUBQLI4lFcoDBM1`X\旬׉EhANNUAL Thursday, November 3rd 5pm Happy Hour ~ 6pm Trivia Start VFW Post 5691, 1234 Vandalia, Collinsville Trivia & Dinner $25 each Chicken dinner with all the fixings, including 2 FREE drinks Trivia Event Put your useless knowledge to work! Come out and enjoy a night with your fellow members to share facts, friendship and fun for PRIZES and notoriety. 7 rounds of friendly music trivia questions 1st Place CASH prize ~ Door Prizes Prizes for BEST dressed musical attire Event Sponsors: Door Prize Donations accepted for prize give-a-ways and name recognition at the event Complete the following information to register/sponsor this exciting event Primary Contact____________________________________________________________ Company Name____________________________________________________________ Phone #/E-mail_____________________________________________________________ Player Names______________________________________________________________ METHOD OF PAYMENT: ___ Check Enclosed ___ Invoice Member Company 8 person team ___ $200 Individual participants ___ $25 each Door Prize Donation ___ Total Amount Due $__________ ___ Charge to Visa/Mastercard ** credit card payments will include an additional 4% convenience fee Card# ___________________________________________ Exp Date ____________ Signature___________________________________ Cancellation will be accepted 3 days prior to TRIVIA NIGHT . No refunds or credits will be given for cancellations or no-shows. Home Builders Association of Greater Southwest Illinois 6100 West Main St., Maryville, IL 62062 Office: (618) 343-6331 - Fax: (618)343-6335 - Email: hba@hbaswil.org 3 ׉ 7cassandra://H-TjRACJk9lL7cCVHiAbdGuzhwibbTs6ncsg1QeqxFI*Z`X\旬X\旬(בCט(u׉׉ 7cassandra://-rofHQDom4npwMmGOsCLQIqRlREC6qq1Kiq1WVmY22s`׉ 7cassandra://CYFwnSNYs7wvqn7Rz25siYSQDKd7oWzYRjpUeQ5jIhsxk`s׉ 7cassandra://LY0ekeSPijFRrvlGy6P_tZlzD2rNtIMpVINhZC48N6A+`׉ 7cassandra://Em3Htywpkh-axGuGJLUUPONDwereV7fYFI_jPzDP6Rw2͠]X]旬 ט(u׉׉ 7cassandra://afKKSqiFmQZKSDGt_-q8VvE5z-OqqwomtIuf6361E1ME`׉ 7cassandra://JeS499dGWu0OpNgaVt3_QvAvpiUTKrEQ6KkrmDJZpdIx`s׉ 7cassandra://eLyuamE4r_oO-cdvUDUnnWI3yHa2pogjf1-cYgRYHBw'`׉ 7cassandra://QrSowhSnsUD-Gr1lknQM-wRAVp6a2OguljCQ4dmF5e8͠]X]旬!׉EB O W L I N G T E A M S Team AUTCOhome Appliances Total score - 1,868 Team Arrowhead Building Supply Total score - 1,779 Team Benchmark Title Co. Total score - 1,609 Team Copious Technologies, Custom Marble and Drake Construction Total score - 1,637 Team Fulford Homes Total score - 1,888 Team Jacob Family Inc. Total score - 1,884 Team Shake & Shingle Supply Total score - 2,508 4 Team Wells Fargo Home Mortgage Total score - 1,594 ׉ 7cassandra://LY0ekeSPijFRrvlGy6P_tZlzD2rNtIMpVINhZC48N6A+`X]旬"׉E|Private Lunch with Mayor Gary Graham of O’Fallon Tuesday - November 8th , 2016 11:30a to 1:00p The Mansion 1680 Mansion Way Join HBA members as we learn more about the City of O’Fallon  O’Fallon School District Activities • Community Gary Graham attended Burlington Community College for two years and then went on to the University of Iowa where he graduated with a Bachelor of Arts degree in History and Political Science. He continued his education with graduate work in City Management and also earned a CLU (Chartered Life Underwriter) degree from the American College in Bryn Mawr, Pennsylvania. Over the past 30 years, Gary has worked in the life insurance business, owned and managed a country club and worked in the river barge business. Gary and his wife Lucia formed a barge chartering company of their own. In addition, they were owners of a fine dining restaurant, and are currently minority owners of two restaurants located in St. Louis. Mayor Gary Graham of O’Fallon 1997 - Present # of reservations ____@ $25 per HBA Member includes lunch Company Name: __________________________________________________________________________________________ Phone# & Email: _________________________________________________________________________________________ Name(s) of attending: ______________________________________________________________________________________ ___Amount enclosed or payment below ___Will pay at the door (no shows will be invoiced) Charge to Visa/MasterCard Number*: __________________________________________ ______ *credit card payments will include an additional 4% convenience fee 5 ___Invoice company Exp Date ׉ 7cassandra://eLyuamE4r_oO-cdvUDUnnWI3yHa2pogjf1-cYgRYHBw'`X]旬#X]旬"(בCט(u׉׉ 7cassandra://EJWgFo9uuMC8I_fPhGOKga7maJ-PXoZzdhobcKhRJpQA`׉ 7cassandra://dJTy0nA-a2O-YHJ5dU7cEoYDNuPCag3j25sQ_5nszzc͝`s׉ 7cassandra://RcKp9nT2w_P8hR4FqM_1w3ZFn5tdK4iQ0rr_P-elJQI2<`׉ 7cassandra://T4RbC8f2I94dkxK1_GiyepVUD2lT3rsUQSOJG288rLE6͠]X]旬$ט(u׉׉ 7cassandra://-ayN0R-rd8RsHGjcF0ZKPrVmvEoiVGqMMMroCDbwRoER`׉ 7cassandra://j0O4AY5Lr5D_xDtEF2T9LQ6AKNxz4n_UYSr_U37sTD8͑^`s׉ 7cassandra://PHe7PSdrYae7t_AS0cSFleT298fg2aBHcTdp3KnJ4a8-`׉ 7cassandra://4803vAqlYh2v9Yera97A_49XIR3D4nNKlhERW0OW8G0͠]X]旬%׉EBowling Team Bowler Overall Score Arrowhead Building Supply Amber Rector Arrowhead Building Supply Chad Molly Arrowhead Building Supply Merle Rector Arrowhead Building Supply Scott Gruber Arrowhead Building Supply AUTCOhome Appliance AUTCOhome Appliance AUTCOhome Appliance AUTCOhome Appliance AUTCOhome Appliance Troy Burton Amy Tatum Brian Witte Garrett Johnson Josh Benchmark Title Co. Benchmark Title Co. Benchmark Title Co. Benchmark Title Co. Benchmark Title Co. Copious Technologies Custom Marble Custom Marble Drake Construction Drake Construction Anna Grant Andrea West Brittany Ragsdale Evan Tranen Randi Schur Sara Sowell Joe Knox Cathy Miller Laura Schmidt Mary Ann Drake Mark Drake 291 487 328 382 291 326 395 304 557 286 289 301 427 346 246 421 371 312 224 309 Bowling Team Fulford Homes Fulford Homes Fulford Homes Fulford Homes Fulford Homes Jacob Family Inc. Jacob Family Inc. Jacob Family Inc. Jacob Family Inc. Jacob Family Inc. Shake & Shingle Supply Shake & Shingle Supply Shake & Shingle Supply Shake & Shingle Supply Shake & Shingle Supply Wells Fargo Home Mortgage Wells Fargo Home Mortgage Wells Fargo Home Mortgage Wells Fargo Home Mortgage Wells Fargo Home Mortgage Bowler Cassandra Chris Colleen West John Decker Josh Buck Chad Kempfer ED Jim Daech Kevin Pirtle NK Keith Dickerson Mic Barringer Paul Seiberlich Shaun Mitchell Steve Barringer Cherity Freeze Chris Carter Jon Debold Shanyon Carter Tosha Debold Overall Score 302 387 246 426 527 317 479 325 516 247 715 498 452 375 468 344 333 451 178 288 6 ׉ 7cassandra://RcKp9nT2w_P8hR4FqM_1w3ZFn5tdK4iQ0rr_P-elJQI2<`X]旬&׉E7 ׉ 7cassandra://PHe7PSdrYae7t_AS0cSFleT298fg2aBHcTdp3KnJ4a8-`X]旬'X]旬&(בCט(u׉׉ 7cassandra://QcWk9zehhOi6kZ6PSQgg3YdvlJgrQ36J1LfWBxzOJjA=K`׉ 7cassandra://G3uE79KAjZctl54Gh8vjDyQ2_xz2DKuQwDYGkctkmek͑`s׉ 7cassandra://pv8z_9fNZB1ss0FPvb56TmKw0dRJHDWO06_a2V1YE6U.`׉ 7cassandra://ECoFawQfh-7XPSAg-DT2Uzm9bdYP3z_B842f6m9yjCsm(͠]X]旬(ט(u׉׉ 7cassandra://BS2mLmxZ9abXYVGcmGYp3H_equ2_4xlqmyLCV2PidwUrZ`׉ 7cassandra://G1XEc5EBZqGHNoNZ1wJIRa0JPHDKAjFDVnoVNXHbF48͛P`s׉ 7cassandra://hDz4I_ekmqum4GXdsDQY5lpMoeveJENT5mX06OdRDlU+-`׉ 7cassandra://I7bTtHecs-wkvZBDkC40oglLKOuu6R6US7Ng9kfIq30h͠]X]旬)׉EPower Women Luncheon Colonel Lenderman was born the daughter of a Military Pilot. Women pilots were admitted into the Air Force in 1976 and this inspired her dreams as a young child. Colonel Lenderman leads more than 3,100 personnel, oversees assets totaling more than $4 billion, and controls an annual budget exceeding $130 million. Her presentation included the different missions, teams and planes at SAFB for groups including operations, wings, mission support, communications and medical support. Colonel Lenderman graduated from Duke University with an Electrical Engineering degree in 1993. She then attended Undergraduate Pilot Training at Columbus AFB, MS. She served tours at Grand Forks AFB, ND; Fairchild AFB, WA where she met her husband, which they both currently serves as Colonels in the US Air Force and Altus AFB, OK, flying the KC-135 Stratotanker. She performed Presidential Advance Agent duties for Air Force One and the 89th Presidential Airlift Group, commanded the 15th Air Mobility Operations Squadron at Travis AFB, CA and served as the Executive Officer to the Commander of Air Mobility Command at Scott AFB. She also served as Vice Commander of the 380th Air Expeditionary Wing in Southwest Asia and comes to Scott AFB from duties in the Pentagon. To this day Colonel Lenderman enjoys the community engagement that keeps her involved with civilians in our area while continuing her leadership lessons that begin with Listen, Love & Lift. The Colonel and teams at SAFB are preparing for a busy 2017 at SAFB celebrating their 100 year Centennial kicking off on January 6th and running thru October including the ever popular Air Show & Open House on June 10-11 featuring the USAF Thunderbirds. 8 ׉ 7cassandra://pv8z_9fNZB1ss0FPvb56TmKw0dRJHDWO06_a2V1YE6U.`X]旬*׉E hKristina Rasmussen is the President and Chief Operating Officer of the Illinois Policy Institute. She is responsible for executing the organization’s strategic plan, which centers on turning liberty principles into marketable policies that become law. In her spare time she loves to quilt! She recently went on vacation to Denmark with her family and was invited to dinner with the Prime Minister, Lars Rasmussen, who is also her father-in-law. This year Kristina was involved with the creation of a documentary about Michael Madigan, Illinois Speaker of the House that has been shown in theaters, local TV stations and other media outlets to show the history of the power Mr. Madigan has obtained and continues to have a hold over our State. From her post in Springfield, Kristina has helped the Illinois Policy Institute overcome steep odds to defeat multiple tax hikes and pass free-market legislation. Kristina joined the Illinois Policy Institute in 2009 as Executive Vice President, a position she held until 2016 when she became President and COO. In 2015, Kristina accepted the Overton Award from the State Policy Network, which recognized her excellence in leadership. Kristina regularly shares her insight on fiscal issues and government reform with audiences across Illinois and the nation. Her opinion pieces have been featured in statewide and national publications along with appearances on national television and radio shows. Kristina completed her master’s degree in political management at George Washington University. She graduated summa cum laude from Randolph-Macon Woman’s College with a bachelor’s degree in political science. Kristina and her husband are proud to be raising their three beautiful daughters in the Land of Lincoln. She is motivated to change Illinois because she knows the state has the potential to be a beacon of opportunity shining across the Midwest and the nation. When asked if there is one bill in Illinois you could change her response was the program in place for net earned income and welfare benefits. These programs offer more benefits for less money you make, giving false hope for families to aspire to provide for themselves and relying heavily on the State of Illinois. There are also very burdensome red-tape issues blocking families from receiving the benefits when truly in need. Kristina also covered important topics on the Illinois financial crisis, property taxes, spending priority problems, jobs, entrepreneurship barriers, cost of doing business, state workers controlling their own retirement, local government consolidation, redistricting and term limits for our government officials. 9 ׉ 7cassandra://hDz4I_ekmqum4GXdsDQY5lpMoeveJENT5mX06OdRDlU+-`X]旬+X]旬*(בCט(u׉׉ 7cassandra://EEdQ7aA5sWD96rXQeI8XsqNuitFcgDsgt1oOGcAgi-c`׉ 7cassandra://XEVwjizleYSFgNxKHTgxz9E7frJlRnQ9VVsaKnuK80Ak`s׉ 7cassandra://3PCU4YkkdLCNeJg7MrzlKLFOcjfs2uwq0uML_eipgpo(Z`׉ 7cassandra://dbCg5G7hVQ9cNafhv3IDw-02oW4T7M2yP5iDWUQ5b9E͠]X]旬,ט(u׉׉ 7cassandra://nxD1MGbdLX0iDHaXBoed5sxeVq1SX1NnK3wWhrq55Zo_`׉ 7cassandra://z_WAjlNgTis_qxc4U4yKJ0aJjUmfEmf_W8oB1ui22CY͙`s׉ 7cassandra://v6-EmbQDlBpLSxNNM5eKeB-FhUow-47n1dqAQCmf_WE) `׉ 7cassandra://2cdxrkPM6ws8uaPS-b_3-o0PEBdpsH7N0bNvwWCE18I<͠]X]旬-׉E10 ׉ 7cassandra://3PCU4YkkdLCNeJg7MrzlKLFOcjfs2uwq0uML_eipgpo(Z`X]旬.׉EIllinois Legislative US Senator Dist# US House of Representatives 12 US House of Representatives 15 State Senator State Senator State Senator State Representative State Representative State Representative State Representative State Representative State Representative State Representative State Representative State Representative State Representative 50 56 58 95 100 107 108 111 112 113 114 115 116 Republican Nominee Mark Kirk (I) Mike Bost (I) John Shimkus (I) Sam McCann (I) no candidate Paul Schimpf Avery Bourne (I) C.D. Davidsmeyer (I) John Cavaletto (I) Charlie Meier (I) Mike Babcock Dwight Kay (I) Kathrine Ruocco Bob Ramanik Terri Bryant (I) no candidate 11 Democrat Nominee Tammy Duckworth CJ Baricevic no candidate no candidate Bill Haine (I) Sheila Simon Mike Mathis no candidate no candidate no candidate Daniel Beiser (I) Katie Stuart Jay Hoffman (I) LaToya Greenwood Marsha Griffin Jerry Costello Jr. (I) ׉ 7cassandra://v6-EmbQDlBpLSxNNM5eKeB-FhUow-47n1dqAQCmf_WE) `X]旬/X]旬.(בCט(u׉׉ 7cassandra://qjobdl0Mg_z9o3uDFRQWg4ttt2pSkfeONLijSW-_d1Q]`׉ 7cassandra://Ly4SNaZdzajaUq8J82p3Dz-L0uhAWWgLZfhY7lExpXwͥT`s׉ 7cassandra://vhcYFmCCqvsrC26bzqfTsgNnxpmeqa2-3lSRinRhAys4`׉ 7cassandra://_gOGKZrInC-6muEtA34PlUezfKYyAK7P8fXHjxR7zSg͠]X]旬0ט(u׉׉ 7cassandra://L528FzCZtRoSzhSQu_fQ-Dl2toAnWAb3VGItBcj1Qu4`׉ 7cassandra://w5swW7cmesueeh3TxG6f4KekF1skEmjHXvFj6Ip_77I͉]`s׉ 7cassandra://dJ6iw6sXQBW-cIc6fJ6iGJHLGULO67AlAO5QKvb7EwE1`׉ 7cassandra://oIwaLjDKph6iCjHqZG8HhRWVOacVEGV3uT-CyWTwza82͠]X^旬1נXa旬rlyg%9ׁHhttp://www.hbaswil.orgׁ ׁ Ј׉E12 ׉ 7cassandra://vhcYFmCCqvsrC26bzqfTsgNnxpmeqa2-3lSRinRhAys4`X^旬2׉E2017 HOME SHOW EXHIBITOR & SPONSORSHIP PACKET Available at www.hbaswil.org SHOW HOURS: FRIDAY ~ SATURDAY ~ SUNDAY March 3rd - 2pm to 7pm • March 4th - 10am to 6pm • March 5th - 11am to 4pm SHOW LOCATION: Belle-Clair Exposition Hall 200 South Belt East (Route 13 & 159), Belleville, IL (618) 235-0666 Booth Costs $250 to $950 ~ Sponsorships from $500 to $5,000 HBA Home Show Floor Plan 13 ׉ 7cassandra://dJ6iw6sXQBW-cIc6fJ6iGJHLGULO67AlAO5QKvb7EwE1`X^旬3X^旬2(בCט(u׉׉ 7cassandra://GrSenGyWR6kvLD5oiCjmGQsuUX7l66AaiA2Nl8R_XNI `׉ 7cassandra://ccT9iDJSghdx_exp9K46C78x2djXzbQPn5i-bA3q4mEͲL`s׉ 7cassandra://eFHaRE3vDFDMqy1iGR1_fXe_7ngP_DriCg_2CI0X8vc0s`׉ 7cassandra://vsG9_1XDucQoetlvqgFGR6xRS_sqJYEUlW9PIANon1E͹B͠]X^旬4ט(u׉׉ 7cassandra://W4E4EZaTsQLKvnIqzFfAyOIKQRdgmSFsMml0wcZRVb8n`׉ 7cassandra://GxlgTqujBl6CgBmfGSzkIFmR74Fbj9tksxJx3zCcMF4͖`s׉ 7cassandra://vyYeXXcI0lEnTmEYTjnrCy5to-zNKcdi7wBHoessbBQ4a`׉ 7cassandra://eSt2dUBJ-GfATGvo5l1EWiqCoV-ejUDEpOEROFguMOsbc͠]X^旬5׉E zSignificant new income tax position now available for residential developers A tax court decision that was upheld upon an appellate review in August, 2016 for Shea Homes, Inc., has significantly changed tax accounting for new residential developments. Shea Homes, Inc. builds mid and high priced homes in several states in the Southwest United States. Work is performed by the home building company (Shea) and various of its subsidiaries that develop the land, common area improvements and amenities. Total projects are carried out on a long term basis extending over more than one tax year. This decision is a major victory for residential developers. In this decision, the Ninth Circuit confirmed the tax court decision that residential developers, in certain cases, were entitled to use the completed contract method of accounting for reporting income from the sales of homes in residential developments. The completed contract method of accounting allows for deferral of the tax on the profits of house and lot sales, until the contract is completed, i.e. the time the taxes become due. Now the courts have stated the contract is not complete when house and lots are sold, but when the entire residential community is completed. The Tax Court agreed with Shea, that the project was not complete until they had completed their obligation to fulfill their promises regarding the development of the community being marketed to the buyers. The development went beyond a house and a lot; it included the elements needed to create a house within the particular planned community development that the buyer was expecting. The tax court concluded that the buyers were purchasing "the entire lifestyle of the development." This was reflected in, among other things, common improvements, bonding requirements, the creation of homeowners' associations in which each buyer had rights, and in the covenants, conditions and restrictions that ran with the land and affected not only the buyer, but also other prospective buyers and the properties they were purchasing. Not surprising, the IRS does not like the long-term completed contract method of income tax deferrals. It has pursued developers using these aggressive contracting strategies both in audits and in court. It also should be noted the same court that issued this positive Shea Homes, Inc. case also issued an opposite conclusion in the Howard Hughes Company, LLC case a few weeks later, basing its opinion on a conclusion that the contractor was not a homebuilder. The court distinguished between contactors involved in home building and land developers who do not build homes. Therefore, it is important to point out that careful planning is required and you should seek qualified professional advice. At Diel & Forguson LLC, it is our job to make sure that you have the knowledge you need to comply with the ever-changing rules and laws affecting you and your business. We are here to answer questions and offer advice about your specific situation. O'Fallon, IL Kenneth R. Diel, CPA, CVA Diel & Forguson 852 Cambridge Blvd, Suite 100 O'Fallon, IL 62269 618-632-7574 14 St. Louis, MO 1200 South Big Bend St. Louis, MO 63117 314-454-0438 ׉ 7cassandra://eFHaRE3vDFDMqy1iGR1_fXe_7ngP_DriCg_2CI0X8vc0s`X^旬6׉EHSAVE THE DATE Home Builders Association of Greater Southwest Illinois Cordially invites you to the Installation of Officers & Remodelers of Distinction Awards Friday, January 27, 2017 Four Points by Sheraton 319 Fountains Parkway, Fairview Heights 6:00 pm Reception - open bar until 8pm 7:00 pm Program & Dinner - $65 per person Southwest Illinois Home Builders Association Political Action Committee Warmly invites you to the Government Official Reception A private pre-party event to meet with local Government Officials From 5pm to 6:30 pm $100 for individuals 15 $150 for couples ׉ 7cassandra://vyYeXXcI0lEnTmEYTjnrCy5to-zNKcdi7wBHoessbBQ4a`X^旬7X^旬6(בCט(u׉׉ 7cassandra://M6blUcLjfuUzJbBlvZnQAXXMBJZQqsQFoCZHZ3jABgsJ"`׉ 7cassandra://ova2JpW4LmATaDNHLxxUTYSV6p2m1KkkU2noiVPpRjs͡`s׉ 7cassandra://tIGYP14Qmy5BpI1cedr8i_vYTk9P58BflNUa9Po7pFg+`׉ 7cassandra://RFEPaZZq6o6TrYb7RbU98TkSxSYe1omNiLoUfNxbs0U"͠]X^旬:ט(u׉׉ 7cassandra://J3LmOComlK4BqFUDu1ujkjFv_4nMjnPfVbPcqtkIWvcl`׉ 7cassandra://UjySHjuPIOHjrfSsepLzBXnht_HPOjwH7Y2SRvjSE4Q͐`s׉ 7cassandra://K8ezWO0dX3_X7maKyqC4ItaEE7R186lzLFxwz6ItZYw,?`׉ 7cassandra://Cjr9g1GdhRZTV0gQWrR_R9zhYL96lVI9-bwgmFoMuoE^͠]X_旬;נX^旬8A9׉H*http://mailto:sschultz@sandbergphoenix.comGׁ ׁ rנX^旬9ǁ9׉H9׉H(http://mailto:Elliot@graphsandlaughs.netGׁ ׁ rנX_旬?ف̖9׉Hhttp://www.econ70.comGׁ ׁ rנX`旬i ̔9ׁHhttp://www.hbaswil.orgׁ ׁ ЈנX`旬h؁̊9ׁHmailto:hba@hbaswil.orgׁ ׁ Ј׉ETax Reform Done Right With elections right around the corner, tax proposals are surfacing like mushrooms after a rainstorm. While we can all agree that the current tax code is a disaster, the most recent proposals regrettably range from just bad to positively dreadful. Why? They are political documents designed to attract voters -- not tax policy experts and economists! With this in mind, I offer several key principles that should be generally followed in any successful tax reform. The primary goal of taxation is to raise revenue while causing the least economic damage possible. This means broadening the tax base. Think about it; if the only thing we taxed was oregano, we would all stop buying oregano. If, however, we taxed all spices equally, there would be no reason to avoid oregano, but there would be a strong incentive to eat bland food and smuggle in spices. But if we tax everything equally, then you have no incentive to alter your behavior as you cannot reduce your taxes. Better yet, as you broaden the base, you will be able to lower tax rates and still collect the same amount of revenue. Of course, this means doing away with most deductions, credits and exclusions, including tax breaks for charitable donations, employer-provided health insurance and state and local income taxes. The next step involves simplification. Most taxpayers resent the fact that the rich hire clever accountants and lawyers, thus reducing their tax payment to nothing or next-tonothing. This is corrosive behavior, creating distrust of the entire system across the political spectrum. Moreover, simplifying our 75,000-page federal tax code would cause entrepreneurs to think harder about how to make more money and grow their businesses, not on which lobbyists and lawyers to hire and how many racehorses to buy, all of which are unproductive activities. Tax simplification means doing away with the corporate income tax and all the insane rules regarding investment expensing, depreciation schedules, repatriation of profits, taxdeductibility of debt, R&D tax credits and so on. Third, tax consumption -- not savings. When the government taxes savings, income, interest payments, dividends, capital gains, wealth and even inheritances (but we can argue about that one), it reduces the incentive to save, invest in new plant and equipment, and, most critically, take financial risks. Recognizing this, the government already allows for health-savings accounts, IRAs, life-insurance exemptions and a multitude of trusts that the rich use to shelter wealth and avoid inheritance taxes. Why not let everyone do it without having to jump through any hoops? While consumption taxes such as sales taxes or value added taxes may sound regressive, they need not be. Consumption by the wealthy can be taxed at a higher rate than consumption by the poor. In this way, the tax code can remain progressive. Moreover, as the consumption tax will be based on the difference between what you earn and what you save, this plan will discourage hiding assets offshore, giving our economy yet another boost! The last time the tax code was reformed was during President Reagan’s second term; roughly 30 years ago! We are clearly overdue. While reaching a compromise that both ends of Pennsylvania Avenue will agree to will be tough, if done as outlined above, it will boost GDP growth and improve living standards. Congress, get going! Elliot Eisenberg, Ph.D. is President of GraphsandLaughs, LLC He can be reached at Elliot@graphsandlaughs.net. His daily 70 word economics and policy blog can be seen at www.econ70.com. 18 ׉ 7cassandra://hb5Pu3BhRqqZ_zWfwS9l6eGvFDTZGTlXxO3BA3jxiXA2k`X_旬B׉EC2017 Public Directory Advertising Rate Card THE HBA unique annual publication featuring affordable costs for members to share their industry segment with over 60,000 consumers The HBA Public Directory is an exclusive publication inserted in the Belleville News-Democrat shared on Sunday, January 22, 2017 to home owners featured in St. Clair & Madison Counties.   All ads are in full color! Collective Marketing benefit for HBA members ONLY  Only ready-to-use ads to be submitted in .jpeg or .pdf Deadline: December 19, 2016 Cost $775 $625 $525 $525 $375 $225 Public Directory (Homeowners Resource Guide) Rates Ad Size (vertical only) Full Page (7.25”W x 9.875”H) Full Page (7.25”W x 9.875”H) Full Page (7.25”W x 9.875”H) 1/4 Page (3.5”W x 4.875”H) Half Page (7.25”W x 4.875”H) 1/4 Page (3.5”W x 4.875”H) Ad Placement Back Cover Inside Front/Inside Back Cover Inside pages Front Cover (1 spot) 10 positions available 20 positions available All current HBA members will be listed by classified listing in this publication, additional advertising options and costs provided are not negotiable. Due to limited space restrictions in the Public Directory Insert, advertising reservations will be taken on a first come first serve basis within the HBA membership. Public Directory Ad Purchase options: $775 Back Cover___ $525 Front Cover___ $625 Inside Front/Inside Back Cover___ $525 Inside Full pg___ $375 Half Pg___ $225 Quarter Pg___ Company ____________________________________________________________ Contact Name __________________________________ Total Ad Space Purchase $____________ Email/Phone# __________________________________________ ⌂ Payment Enclosed ⌂ Invoice Company ⌂ Charge to credit card (Visa/MasterCard ONLY) *credit card payments include a 4% convenience fee Visa/Master Card# _____________________________________ Exp date: ________ Signature: __________________________ Home Builders Association of Greater Southwest Illinois 6100 West Main St., Maryville, IL 62062 Office: (618) 343-6331 - Fax: (618) 343-6335 - Email: hba@hbaswil.org www.hbaswil.org 19 ׉ 7cassandra://-pOIAXBIF4l_2WSgboyUDYt6ysNqQZkiw5WS4b-Tk44.`X_旬CX_旬B(בCט(u׉׉ 7cassandra://XqsqGQ1RglTn7RyfpSwGUFUWY_RbY1iZqeBGa1DrnW0`׉ 7cassandra://E1WY3dN133O2k0-6ecAdhF-uak8ejciAiWxHf8lo_H0͛)`s׉ 7cassandra://fC0vnzyqngRQOAhuH7fH4tnd9aabRO-OFm2_yevF3ys)`׉ 7cassandra://n1mCA83_W_gZt0L66vVEkhuizSb_8T3zRp3CWhl99tk3͠]X_旬Dט(u׉׉ 7cassandra://yOTO0GTr9aaS11hx6tD-LH_FQz8Ar3g8RTIM7Ujmfyc`׉ 7cassandra://QbncPlmnmvWIvfe98YwgzWD66MSP8T-yx88rvPsnyt4z`s׉ 7cassandra://faAPsaX-AeF1eatWhJftg5kmKDaUUtMfcYL6qJASzTo+`׉ 7cassandra://rJ1LPEwZb_tvtLZsVZPHhjj8ICsmxveotU2W_QT6Qco%͠]X_旬EנX`旬m{ 9ׁHhttp://www.BarbaraMarkham.comׁ ׁ ЈנX`旬l`9ׁHmailto:sschilling8185@gmail.comׁ ׁ ЈנX`旬k̞}9ׁHhttp://www.barcomsecurity.comׁ ׁ ЈנX`旬j̈b 9ׁH mailto:smiles@barcomsecurity.comׁ ׁ Ј׉ExScott Miles October 2016 New Members Sharon Schilling Barcom Security 923 N. Belt West Swansea, IL 62226 Phone: (618) 277-3344 Email: smiles@barcomsecurity.com Website: www.barcomsecurity.com RE/MAX Preferred - The Markham Network 1668 Windham Way, O’Fallon, IL 62269 Phone: (618) 624-2111 Email: sschilling8185@gmail.com Website: www.BarbaraMarkham.com October 2016 Renewed Members Allen Roofing & Siding Ameren Illinois Bath Fitter Broadview Screen Company Chesley Fence & Deck Christ Truck Service, Inc. Copious Technologies Diel & Forguson Eagle Flooring Outlet, Inc. Everlast Home Improvements Fulford Home Remodeling Garrett E. & Herschel E. RE & Dev Gershman Mortgage Gillihan Concrete, Inc. Goley, Inc. Himstedt Roofing, Inc. Huntington Chase Corp. Kreitner Construction Co., Inc. LF & Son Construction Mattingly Lumber Red-E-Mix, LLC Rollex Corporation S&S Drywall, Inc. Southwestern Electric Co-op 20 Superior Home Products, Inc. The Appliance Discounters Thouvenot Wade & Moerchen Village of Shiloh Wilke Window & Door Co., Inc. Remodelers Council Benchmark Title Company Custom Marble, Inc. Fulford Home Remodeling Helitech Waterproofing & Structural Repair LGR Consulting Light Brite Distributing, Inc. Martin Glass Company R.P. Lumber Company Red-E-Mix, LLC Green Building Council Eagle Flooring Outlet, Inc. Fulford Home Remodeling Goley, Inc. RE/MAX Preferred - The Markham Network ׉ 7cassandra://fC0vnzyqngRQOAhuH7fH4tnd9aabRO-OFm2_yevF3ys)`X_旬F׉E21 ׉ 7cassandra://faAPsaX-AeF1eatWhJftg5kmKDaUUtMfcYL6qJASzTo+`X_旬GX_旬F(בCט(u׉׉ 7cassandra://AfYTGIWyPomCr-WXUVdBEC0n1W2YtWRNlh2LJm1B7Qo/`׉ 7cassandra://i8Hix6gbwnCTOELWY3H8rPpiDUWOAiLOGwKeZXp_4PQ͐\`s׉ 7cassandra://3uV-tfyyTCk0aL0mF4r6W6XWRsBIXBMYwzwyNGCRb6Q--`׉ 7cassandra://b3yp2qwQHco_dMT1upLBWrQ1mBul5dXUhhrBVNJyyG42,͠]X_旬Hט(u׉׉ 7cassandra://Gv-2Mg_0hHhGb4ubGeLqoVcuL7O6dAlKQa_PztHE7TMk`׉ 7cassandra://mjuADgFIZ3vPmXfC-FeAlwyietHXwHXgGnWVVo1H3tkͬ"`s׉ 7cassandra://UAvlZc2q-A0KHjm39POOGezWIFtFtmk90POFvuqITh04`׉ 7cassandra://QHLdGUZB4cx_M4ZhQ4O-qK5lwY-9YzGX7qdcD6erB4Q P͠]X`旬IנX`旬qg̃9ׁHhttp://www.hbaswil.orgׁ ׁ ЈנX`旬p̂9ׁHmailto:hba@hbaswil.orgׁ ׁ Ј׉E 2017 ANNUAL SPONSORSHIP PACKAGE LEVELS As an HBA Annual Sponsor, there are many benefits you will receive throughout the calendar year depending on the level you choose. Additional special benefits and recognitions for sponsors will be developed throughout the year, not to mention the increased business exposure. Recognition you cannot afford to miss out on! HOME SHOWS $6,000 (value $50,000) PLATINUM TIER $1,500 (value $3,000) GOLD TIER $1,000 (value $2,000) SILVER TIER $500 (value $1,000) BRONZE TIER $250 (value $500) All levels are negotiable with equal offerings for different events or promotions. Call the HBA office to personalize your tier.  Banner, newsletter and website logo recognition on home page, membership directory page and home show pages  Full Page Ads in Home Show Guides  Included in print ads, press releases, TV commercials for starters sharing your logo recognition with over 300,000+ consumers in our territory.  Limited to non-competing HBA member companies.  Free Booth Space - Two 10x10 in the Spring and One 10x10 in the Fall and signage/banners at the Home Shows along with admission discount recognition.  Installation Banquet complimentary tickets for 2  Banner, newsletter and website logo recognition on home page and membership directory page  1/4 Page Ad in Public Directory & Full Page in Membership Directory  Touch Program Logo Sponsor  Top Level Sponsorship at Sport Clay Shoot, Golf Outing, 3D Bow Shoot and Holiday Party Event Sponsorship  Banner, newsletter and website logo recognition on home page and membership directory page  Full Page Ad in the Membership Directory  Sport Clay Shoot Station Sponsor, Golf Outing Hole Sponsor, 3D Bow Shoot, Concession Sponsor and Holiday Party Wine Tasting Sponsor  Banner, newsletter and website logo recognition  1/2 Page Ad in the Membership Directory  Sport Clay Shoot Station Sponsor, Golf Outing Hole Sponsor, 3D Bow Shoot & Holiday Party entry for two (2)  Banner, newsletter and website logo recognition and quarterly newsletter half page ad Register your commitment level: ◊ Home Show $6,000 ◊ Platinum Tier $1,500 ◊ Gold Tier $1,000 ◊Silver Tier $500 ◊Bronze Tier $250 ________________________________________________ ________________________________________________ Name Company ________________________________________________ ________________________________________________ Phone Email address Payment Options ___ Invoice Company ___ Check Enclosed ___ 3 month payment option (check or credit card) ___ Credit Card *credit card payments will include an additional 4% convenience fee ________________________________________________ Credit Card# Visa or Mastercard ONLY Exp Date _____________________________________________________________ Signature Complete and return this form by January 31, 2017 to: Home Builders Association of Greater Southwest Illinois, 6100 West Main St., Maryville, IL 62062 Office: (618) 343-6331 - Fax: (618)343-6335 - Email: hba@hbaswil.org - www.hbaswil.org 22 ׉ 7cassandra://3uV-tfyyTCk0aL0mF4r6W6XWRsBIXBMYwzwyNGCRb6Q--`X`旬J׉E$2016 HBA Home Show Corporate Sponsors OFFICERS President, Jeff Schmidt - RLP Development 1st Vice President, Dave Padgett - Padgett Building & Remodeling Co., Inc. 2nd Vice President, Joe Lanahan - Joe Lanahan Construction Services Associate Vice President, Mindy Shafer - Wells Fargo Home Mortgage 2016 Home Builders Association Platinum Annual Sponsors Secretary, Jerry Yaekel, Jr. - Yaekel & Associates, Inc. Treasurer, Robb Treat - Guaranteed Rate, Inc. Immediate Past President, Chris Jones - C.A. Jones, Inc. 2016 HBA Gold Annual Sponsors 2016 HBA Silver Annual Sponsors DIRECTORS Jason Klein - Ameren Illinois Michelle Null - Benchmark Title Company Art Stumpf- AUTCOhome Appliances Joel Keel - Custom Floors & More Robert Dee Jr. - Homes by Deesign Joe Knox - Copious Technologies Beth Jacob - Jacob Sunrooms, Exteriors & Baths Aaron Klemme - Klemme Construction Jason Huelsmann - New Tradition Homes Barbara Markham - RE/MAX Preferred, The Markham Network Mike Rathgeb - Spencer Homes Mark Vogt - Vogt Builders, Inc. 2016 HBA Bronze Annual Sponsors OFFICER REPRESENTATIVE DIRECTORS Ken Diel - Diel & Forguson Mark Fulford - Fulford Construction Chris Matteo - Fulford Homes, LLC 23 John Snapat, CAPS, CGR - Fulford Home Remodeling Ron Padgett - Padgett Building & Remodeling Norm Etling - Village of Shiloh ׉ 7cassandra://UAvlZc2q-A0KHjm39POOGezWIFtFtmk90POFvuqITh04`X`旬KX`旬J(בCט(u׉׉ 7cassandra://77Fze9pPhlVDXgQaSOunhDNSvR1jaEUp1B8KH3apw84u9`׉ 7cassandra://Ud6XL-NICXPi3NJF9iegNi5NvcTyttTlMlZ1ZCmX8wgH`s׉ 7cassandra://6RrpRRxq-k41LHpq45SqbbkVLqlbKhobyNxKFsEAUO0U`׉ 7cassandra://OTIb6FeXqS_U2bnkyVBv-CGaW5HfAl3BZSJGnpRXPTM͠]X`旬LנX`旬e<9ׁHhttp://WWW.HBASWIL.ORGׁ ׁ ЈנX`旬dx́̍9ׁHmailto:hba@hbaswil.orgׁ ׁ Ј׉E6100 West Main Street Maryville, IL 62062-6688 Office (618) 343-6331 Fax: (618) 343-6335 Email: hba@hbaswil.org WWW.HBASWIL.ORG ׉ 7cassandra://6RrpRRxq-k41LHpq45SqbbkVLqlbKhobyNxKFsEAUO0U`X`旬M׈EX`旬NX`旬M(,Newsbrief November 2016XQ