Does anyone ask questions? Get any answers?

The HOA's Balance Sheet for August 31, 2025 ought to give any decent CPA heart-burn!

The HOA has Cash & Cash Equivalent funds of $805,277.71.

Line 1001 - FCB/CIT Operating $431,376.01. Is this in a checking account? $400,000+ in a checking account? What does "200k" mean?

Line 1002 - FCB/CIT Debit Card $2115.39. Who has access to the debit card? Where is it kept? Under lock-and-key? Or in someone's wallet? Who reconciles the use of the debit card?

Line 1057 - First Community Bank $65,417.02. What does "..55%" mean? Why is any money sitting at one-half of 1%. Why isn't it earning 4-5%?

$65,000 @ 0.55% = $357.50 interest in one year

$65,000 @ 4.00% = $2,600 interest in one year

Is someone asleep at the switch?

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