Accounts Receivable $498,000+
As of October 31, 2025, the Accounts Receivables of the HOA (Line 1205) totaled $498,673.65. Why did Danny Trapp and his friends in the majority on the Board (Holmes, Pollin, Hill, Weatherbee) allow A/R to reach almost one-half million dollars? The financial statement for October 2025 was available at the November 18, 2025 BOD Meeting, but it has not yet been posted to the HOA's website. Will the HOA's Finance Committee prepare and the Treasurer of the Board present a report to the Board (and the Members) of the calculations in the Accounts Receivables? For example, how many homeowners are indebted to the HOA for unpaid dues? what is the ageing of unpaid dues? what amount is owed by each property?* how many debts are about to be written off? how much was written off in 2025? 2024? (Did any Boards ever discuss write-offs at monthly BOD Meetings?) The PRM covers write-offs at Art. III, §C, ¶3 (Page 17). the allowance for uncollectible debt (Line 1210) is $29...