CynthiaL3 (Florida)
Posts: 20
Posts: 20
Posted:
Appropriate Board Communication Regarding Emails
As most these days, our 5 member board communicates by emails. We had been meeting once a month, which is my preference. Now, we are meeting once a quarter. We are 90 modest condo units, at about a 50% rental rate now. Three of the 5 board members live out of town. Other important factors, right now we have roughly $10,000.00 in our working fund, which fluxuates each quarter. With this very limited budget, great care has to be taken to monitor the spending. Our reserves are OK, however, this board President has talked of using these funds for routine projects, which was one of the many red flags that set me on fire. I'm sure most of us know and understand the importance of maintaining our reserve funds.
The President and Vice President, (close friends)send private emails to the MC/PM for requests of spending, on items around the complex. We have a clause on spending under $500.00, which states, this does not need board knowledge or approval, if under the $500.00 amount. This one clause has allowed much spending abuse by these two officers. I tried to change this, by lowering the $500.00 amount to $250.00, it was voted down. However, the MC/PM promised to advise the rest of the board members on this kind of spending, of course, she has not done this.
So, NONE of the other board members gets all of the emails sent back and forth between the President and Vice President and the MC/PM. Which is a breeding ground for abuse, as I described above.
At the end of the month when our financial's are sent to us, I then get to see all this extra spending, and the violations sent out. This leaves me with no voice in many matters, and allows the abuse to continue.
This may be a point most are not concerned with, that's fine, which is the opinion of one board member. Since there have been a number of instances of abuse with our funds in this complex, I want to monitor this situation, by being notified and included in these emails, so I can speak up and stop any further potential abuse of our funds. As I'm describing, this has been denied me.
What I want, and have asked for by emails, by face to face conversations, in our board meetings, is to be included in ALL emails having to do with this complex at all times, as they occur. Getting the reports at the end of the month is fine, but leaves me with little knowledge of the historical facts of how and why certain monies were spent, or in one instance last week, I believe I was able to stop the spending by the board President, for upgrades in her condo, paid for by our condo funds. This would have been an upgrade to insulation at the cost of, I'm guessing maybe, $2,000.00 TO $4,000.00 in her 3 bedroom condo, which is the owners responsibility.
On all the larger projects, we get 3 bids and then vote on a vendor, this is fine. It's all the other day to day occurrences in this complex that I feel is appropriate for all the board members to be kept up to date and in the loop. They tell me "yes" to my face, they will do this, and in practice it's still not being done.
QUESTION: Do other HOA's include ALL board members when emailing information back and forth? Do you consistently email ALL board members throughout the month so everyone stays on top and current, with the information needed to manage a complex, and especially the spending of monies? Or, are some board members satisfied with getting the end of month reports, and voting on vendors for the larger projects?
I have been advised, by a senior in a previous MC, that I had a legal right to ALL information pertaining to my complex, as a board member, and to be included in the weekly emails that go back and forth for notification purposes and decision making purposes. The only reason, this is so important to me right now, as I've stated, is a result of pervasive abuse of funds as well as abuse of power issues done by these two officers. And to impliment some monitoring tactics to discourage this continued abuse. I'm going to pick up my CC&R's and see if I can find anything there that would also help with this.
Cindy Low
"All that is necessary for the triumph of evil is that good men do nothing." (Edmund Burke)
As most these days, our 5 member board communicates by emails. We had been meeting once a month, which is my preference. Now, we are meeting once a quarter. We are 90 modest condo units, at about a 50% rental rate now. Three of the 5 board members live out of town. Other important factors, right now we have roughly $10,000.00 in our working fund, which fluxuates each quarter. With this very limited budget, great care has to be taken to monitor the spending. Our reserves are OK, however, this board President has talked of using these funds for routine projects, which was one of the many red flags that set me on fire. I'm sure most of us know and understand the importance of maintaining our reserve funds.
The President and Vice President, (close friends)send private emails to the MC/PM for requests of spending, on items around the complex. We have a clause on spending under $500.00, which states, this does not need board knowledge or approval, if under the $500.00 amount. This one clause has allowed much spending abuse by these two officers. I tried to change this, by lowering the $500.00 amount to $250.00, it was voted down. However, the MC/PM promised to advise the rest of the board members on this kind of spending, of course, she has not done this.
So, NONE of the other board members gets all of the emails sent back and forth between the President and Vice President and the MC/PM. Which is a breeding ground for abuse, as I described above.
At the end of the month when our financial's are sent to us, I then get to see all this extra spending, and the violations sent out. This leaves me with no voice in many matters, and allows the abuse to continue.
This may be a point most are not concerned with, that's fine, which is the opinion of one board member. Since there have been a number of instances of abuse with our funds in this complex, I want to monitor this situation, by being notified and included in these emails, so I can speak up and stop any further potential abuse of our funds. As I'm describing, this has been denied me.
What I want, and have asked for by emails, by face to face conversations, in our board meetings, is to be included in ALL emails having to do with this complex at all times, as they occur. Getting the reports at the end of the month is fine, but leaves me with little knowledge of the historical facts of how and why certain monies were spent, or in one instance last week, I believe I was able to stop the spending by the board President, for upgrades in her condo, paid for by our condo funds. This would have been an upgrade to insulation at the cost of, I'm guessing maybe, $2,000.00 TO $4,000.00 in her 3 bedroom condo, which is the owners responsibility.
On all the larger projects, we get 3 bids and then vote on a vendor, this is fine. It's all the other day to day occurrences in this complex that I feel is appropriate for all the board members to be kept up to date and in the loop. They tell me "yes" to my face, they will do this, and in practice it's still not being done.
QUESTION: Do other HOA's include ALL board members when emailing information back and forth? Do you consistently email ALL board members throughout the month so everyone stays on top and current, with the information needed to manage a complex, and especially the spending of monies? Or, are some board members satisfied with getting the end of month reports, and voting on vendors for the larger projects?
I have been advised, by a senior in a previous MC, that I had a legal right to ALL information pertaining to my complex, as a board member, and to be included in the weekly emails that go back and forth for notification purposes and decision making purposes. The only reason, this is so important to me right now, as I've stated, is a result of pervasive abuse of funds as well as abuse of power issues done by these two officers. And to impliment some monitoring tactics to discourage this continued abuse. I'm going to pick up my CC&R's and see if I can find anything there that would also help with this.
Cindy Low
"All that is necessary for the triumph of evil is that good men do nothing." (Edmund Burke)