Why $836,550.08 in Operating Funds???
As of 7/31/2025 the HOA had $836,550.08 in Operating Funds. Why???
The average monthly operating expenses of the HOA are $118,592 ($1,423,100/12). Why would the HOA have SEVEN (7) times this amount in Operating Funds?
I attended Board Meetings for years until February 2025, and I never once heard a board discussion about moving money between accounts or between Operating and Reserve Funds.
Who was making those decisions, and why were they being made in private? Where were the decisions recorded? Who was accountable for the Members' money?
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