What is the HOA's New Collection Policy?
At the May 5, 2026 monthly Board Meeting, there was a very brief mention of a new Collection Policy of the Association. No details were provided, and none has been distributed to Members. Where can Members read the new Collection Policy? The Board had stopped publishing monthly Financial Operating Results, so it was impossible to know how much the Accounts Receivable (unpaid Assessments and unpaid fines and fees) totaled. Until this week the last Results published were for August 2025. The May 2026 monthly Financial Operating Results report that Line 1205, Accounts Receivable, totals $447,622.09. Has an ageing report been delivered to the Board? The Allowance for Bad Debts (Line 1210) totals $274,895.19. Is that total any better than a guess? Should all of that be written off? Has a Bad Debt analysis been conducted to determine the likelihood of collecting any of it? The HOA (Board) has any obligation to Members to collect past-due Assessments, fines, and fees. Why should Members-in-go...