2024 Bad Debt Recovery: Whopping Sum of $1,526.64

Did you look at the Financial Overview Report for December 2024? Did you look at the Statement of Revenues and Expenses for December, which includes Year-to-Date (12-month) results?

Do you think the Finance Committee of the HOA looked at these? Did the Board of Directors look at these? Did you hear any discussion at the February 4, 2025 Board meeting, after the December 2024 Report was released to Members?

Look at Line 1200 - Accounts Receivable: $429,575.52

What was on Line 1200 in the April 30, 2024 Report, after over $100,000 of bad debt was written off with no discussion and no vote by the Board? $379,739.45

Did you read in Manager Notes, "Collection activity is currently being conducted in accordance with Association policy"?

Did you wonder why Accounts Receivable increased $49,836.07 from April to December? Did you notice that Bad Debt Recovery (Line 4900) was budgeted for ZERO in 2024 and that only $1,526.64 was collected?

Is "Collection activity" good enough? Is "Association policy" good enough?

If you owned this business, would you fire everybody, including the Board?

Do you still wonder why the HOA, under the presidency of Danny Trapp, is spending a lot of your money, asking a court to stop me from communicating with the Board and with Members of the HOA?

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