Good Ship HOA - "Straight Ahead!"
Is this the Good Ship HOA?
How did it happen that the Board rejected a dues increase for 2025?
What contributed to that result?
Did the board's meeting in a closed, private, secret meeting have anything to do with it? The board met with the Finance Committee before the November 12th Regular, Open, Public, Board Meeting. When ws that? At that time, the board had only six members, due to a vacancy unannounced and unfilled by the President and the Board.
The Board was not supposed to hear the proposed 2025 Budget in private.
The HOA did not follow the PRM and staff a Budget Sub-committee.
The Budget Sub-committee did not present the Proposed 2025 Budget to the Board in public.
The Board never voted in public at the November 12 meeting on a dues increase. The Treasurer just announced that there would not be an increase. The boad is not supposed to make decisions in private.
If the Finance Committee submitted a proposed budget that required a 10% dues increase, then it had to start cutting back that budget when the increase was not approved.
That is NOT how the buget preparation works, according to the PRM. The budget is supposed to be built from the bottom (Expenses) up.
It was the NEW board that should have made the decision on the 2025 Budget, not the old board. The New board is the one stuck with following the budget. The Budget Committee should have presented the Proposed 2025 Budget to the board on November 12. Then the new board should have studied it until the December meeting. At the December 3 board meeting the new board should have discussed it in public and decided whether to approve it and approve the 10% dues increase.
Why didn't Danny want to do it that way?
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