Highline Meadows Fellows

*Real Questions On Spending for Board Of Directors*

Spending by Your Board of Directors-Not Duly Elected into these Positions by a Vote of this community

Why is the President Steping Down and moving out?/Why did The Board Of Directors spend 25K in Pump Equipment?

Why are we spending almost 7K in Drywall? What about the Asbesto's removal by the maintenance personnel?

Why wont the Board of Directors answer the questions? Why are they always surrounded by Lawyers?

Why are we spending 10's of thousands on Lawyers and Lawsuits? Why does TMMC have so much control of our Monies and why are the monies being wasted?

 Why are we wasting so much money and not fixing the problem? How did we go through 1 Million dollars without any Roof replacements ?

HERE IS JUNE 2008 Budget-LOOK AT IT!

http://www.neighborhoodlink.com/pdf/neighnews/341355182/631546260/912466825.pdf

What is the biggest problem we are facing?-THE ROOFS!!!!

Why do we have insurance if we are not going to use it? It's Your Money

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http://www.neighborhoodlink.com/pdf/neighnews/341355182/631546260/382820131.pdf

YOUR BUDGET LINK-This is what was handed out at the annual meeting:

 

Simply put ....this current Board of Directors has not followed the Declaration set forth just like others from the beginning of time. This Complex demands attention and now you the owners must reach back and pull out more money for what was done in History by others putting the burden on the homeowners of this Community

There are Many DECLARATION VIOLATIONS BY THE BOARD OF DIRECTORS:

***HERE's ONE***Emergency Roof Replacements by Cutting Costs

At no point during the last 8 years has our situation gotten much better as this complex has started to fall apart and we have been kept out of loop as homeowners. When will we Beautify this Community?

Wouldn't you like to know if we have used our money wisely and the BOARD OF DIRECTORS still are? Since you will be given a big Special Assessment in the Future to the tune of 3-4 MILLION DOLLARS?????????????????????????????????????????????????????????????????????

 Do you really think you are getting what you are paying for?? Have you looked at the Budget?

LINK:

http://www.neighborhoodlink.com/pdf/neighnews/341355182/631546260/382820131.pdf

 

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Questions on the Numbers -Highline Meadows Analysis/  Based On Report Given To Homeowners at Annual 2007

WE should be asking these questions? Its our money!

"Never stop fighting till the fight is done." - Eliot Ness

 

Operating Income

1) Why are we not getting the 20% expenses of the lift station from Broad ridge Ramparts. It is not in this year or last years budget which means;

2005 Lift Station expense:$ 6,367.57= $ 1,273.51 Unaccounted

2006 Lift Station expense : $18,642.74= $ 3,728.54Unaccounted

2007 Lift Station expense : $ 3,689.89= $ 737.97Unaccounted

Total Lift Station Expenses:$28,700.02= $5,740.02

NOT ON BUDGET SHEET GIVEN TO HOMEOWNERS ANNUAL MEETING 2007

Total Owed by Broad ridge Ramparts= $ 5,740.02Unaccounted2) If the Laundry Room Income is $15,793.41 then it should be deducted from the Xcel cost of the Condo buildings.

Example: $68,873.97 Minus $15,793.41 =$53,080.56

This should reduce the Condo Monthly Assessments

Maintenance Personnel

 

1) Why did we pay for Rent for Maintenance workers for the last three years ? The cost breakdown is as follows;

8407 Maintenance (dues Rent)

2005 = $6,810.00

2006= $8,695.00

2007= $ 250.00

Total Cost =$15,755 Housing Allowance?

 

2) Why are we paying ever exceeding Cell phone bills for the Maintenance personnel last year? We could easily get Cricket phones for them at a fraction of the cost;

Cell phone cost 2007 =$1,864.46

 

3) Why are we paying two Maintenance personnel in excess of the $100,000 dollars a year when they do not have proper certifications to complete the Jobs needed?

Why dont they pull permits, follow Asbestos regulations and meet Osha safety requirements. What if they get hurt or cause a homeowner health or safety issues?

 

 

CONDO REPAIRS:

 

1) Why did we pay $27,366.07 for plumbing work in the condos last year? (6506)

Dont we have two Maintanance Men? Who did the work, where and why?

 

2) Where did the money for flooring get spend last year at

$19,352.64 in the Condos (6510)

That's a lot of Flooring!

3) Where did the Paint supplies at $5,402.71 get used last year?

4) What are the Misc Maintenance supplies at $6,789.15?

 

5) Why cant we clean our own Condos Common areas and deduct the cost from our dues saving the Condos another $17,929.00

Does the Cleaning Contractor have Insurance?

 

Town homes

 

1) Why are the Town homes paying some of the highest Dues when they are only getting $1205.27 dollars worth of Maintenance?

 

2) Why did we pay $22,305.85 for a used truck from 2004 with 80,oooo miles on it? Why are we also paying for the same truck with a Bank Loan as well?

What is snow removal equipment (23K)and why is the 4 wheeler being used to plow the Highline Canal?

Landscaping and Grounds

 

3) What was done in the last three years on the sprinkler system that cost us $35,0000 dollars? Why is the grass still dead? Why are the pump boxes exposed to the Weather Elements without covers on them?

 

4) What sort of Extermination cost us $2,631.83 dollars last year?

 

5) What is Common Ground Main tance and why did it cost us

$4,801.94 dollars last year?

 

6) Why are the landscaping grounds supplies at $2,208.92 not supplied by the Contract landscape contract at $30,900.00. Why is this raising to $56,000.00 dollars this year?

 

7) What was done on the pond last year that cost $3,646.00?

Pool and Cabana

 

1)Why does the phone in the clubhouse cost $929.34 last year when it cost nothing the last three years? Not the Lift Station we have another phone bill for that.

If this a pay phone why are we paying for more than 3 months of use if the pool area is closed?

 

2) Why do we have to pay an outside POOL Company

$11,479.77 pool service when we pay two maintenance men. Why has the bill increased to almost $4,000.00 - 6,000.00 dollars more than the last three years?

We have two Maintanance Men?

 

3) Why does the Clubhouse Electricity cost $5,304.64 Dollars. It is not used for the Lift Station because we have another bill for that.

WE monitored the numbers for 1 month and took an average across the year at double the established rate and could not duplicate the existing billing.

 

4) If we only took in $250.00 dollars in Rental for the clubhouse last year... Why did it cost $4,273.13 dollars last year for Rental unit expenses? (8042)

 

LIFT STATION

 

1) How did the Lift station Electric suddenly rise from $2,796.06 to $4,315.15 since 2005?

WE monitored the numbers for 1 month and took an average across the year at double the established rate and could not duplicate the existing billing.

We Want Answers!

 

 

Highline Meadows Board of Directors Meeting Questions

1) Why was the community not communicated to regarding this Emergency assessment?

2) What actions have been taken by this board to reduce cost before initializing this emergency assessment?

3) Why not fix the wiring in the Townhomes at a cost of $700 per unit to reduce the insurance cost back down to normal levels as opposed to paying such cost?

4) According to the Vice President and the Declaration this emergency assessment is Extra ordinary which is not permitted, Why have you then imposed it?

5) According to the Declaration the community must be up kept by beatification including painting every few years, why has the current board allowed Highline Meadows to become ghetto looking?

6) How many bids have been taken on new maintenance companies and insurance companies?

7) What makes the Board thinks they can impose an emergency assessment on this community for dead beats?

8) Why is the board not cutting cost instead of making the community pay?

9) The board has already raised the HOA dues this year by $100,000 dollars and now wants us to pay another $250,000 dollars amounting to an extra $350,000 extra this year. What will our dues look like in the future since now we are paying over a million dollars this year?

10) Since this board has been running the show the property values on homes have plummeted to an all time low level. How does the board propose to get us out of this situation?

11) Why have administration and maintenance cost from 2000 at 13 % risen to an all time high 43% before the assessment and over 50% after it?

12) Why did the president authorize the Petition box be ripped down by Rory stealing the box and the petitions?

13) Would the board be willing to hold a special election with proxies replacing them due to term limits and the current issues?

 

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Here's how you can avoid being ripped off as a Homeowner Association resident:. PROTECT YOURSELF 1. Demand that all books and records be AUDITED annually - includng the reserve accounts, by a reputable, licensed CPA who carries insurance. 2. Do not accept a "review" of the books and records, or any "opinion based on inquiries of the property manager" about anything. Property managers are uneducated and thus are not "experts" in anything, especially financial matters. 3. If your reserve fund disclosures are labeled "Un-Audited", check your CC&R's, By Laws and other governing documents to see if an "AUDIT" is required on an annual basis. 4. If your reserve funds are "Un-Audited", demand an explanation from your Board members - in writing - if they ignore you, demand an answer. 5. If your reserve funds are "Un-Audited" realize that the statements are not worth the paper they are written on, and unless a formal "AUDIT" occurs, your HOA could be in desperate trouble (ie. RED INK) and you would never know. 6. Monitor closely if your HOA is borrowing money from reserves to pay operating expenses, and whether any such borrowing is done properly and lawfully by providing written notice to owners of any such borrowing and of plans to repay the money within the statutory time periods. 7. Monitor closely if your HOA is squandering money on legal or professional fees, including unnecessary "updating" of CC&R's and other governing documents - and or unlawfully spending money on litigation without providing written notice to the HOA members. 8. Monitor if your HOA board transfers all budgeted reserve funds to reserve accounts during the fiscal year. 9. Review any special assessment history or dues increase history at your HOA - neither of which are necessary if any HOA is being properly, diligently and prudently run - as required by State Law. 10. NEVER - under any circumstances - should any property manager be named as an additional insured on your HOA's insurance policy. This is a commercial insurance underwriting RED FLAG and no no. 11. NEVER - under any circumstances - should any property manager ever be permitted to sign checks, or to transfer money into or out of reserve trust funds accounts. This is the cause of much financial loss in HOA's.