Board Critique
Huntington Lakes Section 1 Association has been badly mismanaged. This is evidenced by deficits in Condo 1 and special assessments. Both indicate bad budgeting and poor financial planning. The purpose of this blog is to inform you of what is going on in your association based on verifiable facts instead of stories told by people who want to be on the board because they like running things their way. That is, without regard for the law, our by-laws, good accounting practices, good financial management, and respect for their fiduciary responsibility to owners. The deficit budgets we've had are illegal and against our by-laws. However, most board members don't care - they literally don't care even when informed of this. Instead of following the law, they seek questionable professional opinions to avoid following the law. These rules are designed to protect owners from boards financially ruining them. Breaking the law may seem like a good approach in the short run, but it lead...
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