September 26, 2023
Scary numbers or know before you vote
Dear Owner,
We received an email from a homeowner worried about association financials. He fought in court to get the information and asked that we share it with other owners before election.
From 01/01/23 to 07/31/23, your Board spent over $179,000 in legal fees.
Your board also spent over $83,000 in maintenance in the same time frame.
Your Board also spent over $56,000 in management fees.
It didnt snow, and they spend already over $31,000 for snow.
They promised you the office will be open every day, instead, it has been permanently closed.
Did anything they told you last year actually was done?
They show the loss of 95K for the same time. But they sold the truck for 30K.
SO THEY REALLY LOST 125K in just 7 months.
Are you sure they have your best interest in mind? Where are annual improvements?
Election is the best time to ask, if these people are going to be good stuarts of your money.
How much is your assessment going up next year to support this level of spending? Prices are going up as it is, none of these expenses were budgeted.
Dont believe us, see for yourself.
https://drive.google.com/drive/folders/1ecqxoWB2ey5xbZjrx2B7E9ZPT6LT9aEj?usp=drive_link
Naper Place News