09-20-2015, 05:33 AM
"During owner input, a member gave a report on her findings w/the finances. She gave a specific amt unaccounted for; the outstanding road fees had increased significantly, and the "sweep" acct wasn't correctly handled and accounted for in the year end report. She asked for more information to be provided on the discrepancies..."
Thank you, mermaid, for reporting on this intervention.
Where is the outrage? Where is the demand for an immediate accounting of just where the funds have gone?
Does anyone know the status of the annual audit? Did the Board even contract for one? Yes, it's in the Bylaws, but we all know what that is worth.
Leaving aside the question of non-, mis-, or malfeasance, this magnitude of incompetence might qualify for criminal negligence.
Thank you, mermaid, for reporting on this intervention.
Where is the outrage? Where is the demand for an immediate accounting of just where the funds have gone?
Does anyone know the status of the annual audit? Did the Board even contract for one? Yes, it's in the Bylaws, but we all know what that is worth.
Leaving aside the question of non-, mis-, or malfeasance, this magnitude of incompetence might qualify for criminal negligence.