Status of 2023 Proposed Budget
Remember the SNAFU last year with the 2022 Budget process? Is the Board doing anything differently this year to assure Homeowners that this process will run smoothly this year?
The website also lists duties for the Summit Assets sub-Committee.
The HOA had three Treasurers last year (2021). George Reynolds served until his death in April, 2021. Then the Board appointed Paul Hill as Treasurer.
At the November 2021 board meeting, Paul Hill, speaking for the Finance Committee, told the board that "the committee is firming up the 2022 budget in the next few days."
The Minutes for the December 7, 2021 board meeting state, for the Finance Committee, no update on the 2022 budget. At the top, Paul Hill is listed as Treasurer.
At the end of the Minutes, HOA president Justin Martin announced that new board officers had been elected at the pre-board meeting (November 30, 2021) and that Vernell Butler is Treasurer.
Therefore, the Minutes were wrong in reporting that Paul Hill is Treasurer. He was not. He had been replaced by Vernell Butler.
The proposed 2022 Budget was approved the Board (finally!) on March 1, 2022.
The HOA's website lists duties for the Finance Committee, which include "establishing an annual budget".
"Mission: This Sub-committee, is responsible for establishing a balanced annual budget, and presenting it to The Summit Community Association, Inc. Board of Directors for approval. The budgeting process considers input from all levels and includes members from the general community.
OPEN, Chair"
This most important committee does not have a chairman OR any members. Why not?
If it had been staffed with knowledgeable members, just exactly how the 2022 Budget was "balanced" might have been explained in a different way.
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