Did the BOD Deceive Members about Unpaid Dues?

How bad is the delinquent account problem for The Summit's HOA? Why did former Treasurer Vernell Butler stop publishing aging information on delinquent accounts after July 2023? 

Why didn't board members object? Accounts Receivable (6/30/23) were $432,483.29. The Allowance for Uncollectible Accounts was $454,495.41, which is $22,012.12 higher than the Accounts Receivable. How could that be???

Have you ever heard delinquent accounts discussed at a monthly meeting of the board of directors?

Is that because the directors don't under money?

As of 3/31/24 Line 1200 (Accounts Receivable) was $498,657.27
Line 1300 (Allowance for Uncollectible Accounts) was $397,279.10

As of 4/30/24 Line 1200 (Accounts Receivable) was $379,739.45
Line 1300 (Allowance for Uncollectible Accounts) was $299,167.13

As of 11/30/24 Line 1200 (Accounts Receivable) was $436,446.71
Line 1300 (Allowance for Uncollectible Accounts) was $299,167.13

Do you think there is even one board member who ever inspects these numbers? No one expresses concerns at monthly board meetings!

QUESTIONS:

Why were Accounts Receivable of $118,917.82 ($498,657.27 - $379,739.45) written off in April 2024 without ANY discussion or vote by the Board of Directors?

Why was the Allowance for Uncollectible Accounts written down by $98,111.97 ($397,279.10 - $299,167.13) in April 2024 without ANY discussion or vote by the Board of Directors?

Was the Board of Directors deceiving the Members (homeowners) by not disclosing those write-downs?

Why have Accounts Receivable (Line 1200) increased $56,707.26 ($436,446.71 - $379,739.45) in the seven months from 4/30/24 to 11/30/24). That's a 14.9% increase in seven months!

Why hasn't the Allowance for Uncollectible Accounts changed in seven months?

Is there something seriously wrong with the Collection Activity and/or the HOA's Collection Policy? 

The current CAMS contract states (Art. IV, Section A. §6): 

"Management Company shall assist the Board and its legal counsel in the collection of general and special assessments as they become due and payable. 

"Enforcing the ASSOCIATION'S collection policy for delinquent members ...

"Delinquent follow-up notices ... shall be prepared, [sic] and mailed by the Management Company. ..."

The HOA pays CAMS $10.00 for every collection letter sent out.

How is CAMS doing?

How is the HOA's legal counsel doing?

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