JenniferD8 (Michigan)
Posts: 141
Posts: 141
Posted:
Hi,
I was appointed to my condo board last fall. As I'm adjusting to my new role, I'm uncovering some things that are a bit questionable -- board members waiving their HOA fees, etc. The most troubling is that the treasurer supplied the board with an audit that was completed earlier this year. It states that we received $352,420 in association fees in 2019. Our dues are $180 per month and we have 181 units. On top of that 170 units pay an additional $45 per month to the association for cable TV. This just isn't adding up. I plan to speak with the board to seek an explanation. We either have residents not paying or something else. What's your advice?
I was appointed to my condo board last fall. As I'm adjusting to my new role, I'm uncovering some things that are a bit questionable -- board members waiving their HOA fees, etc. The most troubling is that the treasurer supplied the board with an audit that was completed earlier this year. It states that we received $352,420 in association fees in 2019. Our dues are $180 per month and we have 181 units. On top of that 170 units pay an additional $45 per month to the association for cable TV. This just isn't adding up. I plan to speak with the board to seek an explanation. We either have residents not paying or something else. What's your advice?