Now Available! Financial Results Through May 2026

Imagine my surprise just now (6/30/26 10:40AM) when I found that the Financial Operating Results (FOR) for September, October, November, December 2025 and January, February, March, April, and May 2026 have been published on the HOA's website!

Members should be sure to examine some of these. There will a story told there.

You'll miss the story, of course, because the FORs do not include one of the most-valuable columns of a financial report. That column is the Percent-of-Change.

Be sure to print the May 2026 FOR or save it as a .pdf  Save the other months' FORs, too.

There are questions to be asked:
  • Why is there so little money in "Bank Accounts"?
  • Under Investment Accounts, is all of this Reserves?
  • What is the Actual Net Cash Value of the Annuity? What does "unreconciled" mean?
  • Are the Investment Accounts titled "BOD"? Why aren't these in the name of the HOA? What is the interest rate on the CDs?
  • Why is Accounts Receivable (Line 1205) still so high ($477,622.00)?
  • How accurate is the Allowance for Bad Debt (Line 1210) of $274,895.19? If most of that is really uncollectible, why hasn't it been written off?
  • Why is Accounts Payable (Line 2005) at $42,477.48?
  • What is the SCS Administrative Cost (Line 2128) of $38,932.38? Is that a monthly charge? SCS is a division of CAMS, whose contract with the HOA ended 9/30/25.
There are many pages of "Budget Comparison Detail". That is probably meant for Board review and not for public consumption. It's an eye-opener. 

How many Board members read and understand it?

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