Financial Statements

Some members of the board and the Treasurer state that certain financials are not open for homeowner inspection. What statements are being provided are incomplete, i.e., the balance sheet only shows the bank account balance and does show the fixed assets or pre-paid assessments (dues). No statement is provided (by the property management company) which reflects the current year expenditures compared to the budget.

Jenny

Typically the only financial information not available to owners is the names of those delinquent. The total delinquent amount should be shown, just no names attached to it.

This is the Kansas uniform common interest owners bill of rights act

take a look at the section on records for what you can inspect.