Bella Vista

Yearly fees rolling over in to reserve?Hell no!

Posted in: Bella Vista
  • Stock
  • rich95
  • Respected Neighbor
  • Hillsborough County, FL
  • 65 Posts
  • Respect-O-Meter: Respected Neighbor

I received my notice of the annual meeting in the mail this week. In addition to the election, they are asking that the homeowners approve letting any surplus of dues collected be put into the reserve. Well I am not giving my approval! They raised the fees because they didn't have enough money and now they want us to ok any surplus going to reserve? If there is a surplus why did they raise the fees? If I were the board, I would find a way to give a credit toward the next years dues if there were a surplus. Makes to much sense. Is there a contest to see how fast we can increase the reserve? Stay tuned.

  • Stock
  • miko
  • Respected Neighbor
  • Tampa, FL
  • 56 Posts
  • Respect-O-Meter: Respected Neighbor

wow,  thats shocking, looks like someone really should pay closer attention to the bottom line, that just seems like sloppy bookkeeping....

 

also the enclosure  with peoples qualifications seems crazy, was our president robert really in lawn maintenance for 20 years and if so, does our very expensive landscape really seem up to snuff...... 

  • Stock
  • kmcnerney
  • Respected Neighbor
  • Hillsborough County, FL
  • 10 Posts
  • Respect-O-Meter: Respected Neighbor

I am thinking that the extra money is necessary to retain an attorney for litigation purposes in following through for violations.......just a thought

K

  • Stock
  • miko
  • Respected Neighbor
  • Tampa, FL
  • 56 Posts
  • Respect-O-Meter: Respected Neighbor

i wish i had a list of the actual times a lawyer was retained over the years......i keep being told that we dont do that to keep our cost down...... im just not buying it, the board should not be selling it .........................

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