SidneyP (Florida)
Posts: 302
Posts: 302
Posted:
Last month the President hired a (once again 3rd in less than 2 years) MC. This MC is charging us a basic $850. a month, $2000. more than the last MC. I received a budget proposal today and once again they are raising our dues to pay for this new MC. What I'd like to know is what is included in the MC fee. On the budget the MC has listed their so called fee..$850. a month (77)TH units) Plus they have listed telephone ($240.), accounting fees(377.50), office expenses($500.)Licenses & permits($500.) Isn't anything included in their basic fee? We never had to pay telephone/office expenses before. The President hired this new MC for the $2000. more a month while we are still under the old budget. Can they do that? We ran out of money last year due to the increase in her hiring a more expensive MC and she is doing the same thing again this year. We simply can't afford to pay higher dues (DuesJan/July and Aug 23rd we still had 14 HO's that have not paid). We pay $818. now a year for nothing. We have no amenities, other than the usual, grasscuting/utilities/reserve(that they haven't paid into in 5 months). They now want to raise it another 10% which would bring it to $950. Is there anything the HO's can do.