A New Standard of Accountability
What Evidence? –
After taking office, the newly elected Board Leadership began a routine of financial “due diligence “. . . reviewing contracts, expenses, and shared-service charges to ensure the Association’s finances were accurate and properly documented. During that review, the Board identified issues that required deeper examination, including:
- Contracts awarded without a competitive bid process
- Costs that appeared excessive for basic services
- Potential conflicts of interest involving vendor and management relationships
- Shared-expense charges that appear to have been calculated in a manner favoring the Eastridge Property Owners Association (EPOA)
- Sharing of gate attendant, management, janitorial, and software costs
These findings triggered a broader, evidence-based review of Association expenses and disbursements connected to shared services and transfers.
A Position on Transparency and Documentation
When financial questions arise, responsible governance requires documentation – clear invoices, contracts, and supporting records that allow the Board to verify legitimacy and accuracy. We know that the Eastridge Hills Board has requested this documentation, including invoices and contracts, to confirm that charges billed to Eastridge Hills are correct and properly allocated.
To date, responses from EPOA and its management company have been slow – or in some instances, non-responsive.
Withholding Transfers
The Eastridge Hills would be irresponsible to continue transferring Association funds without receiving the documentation necessary to confirm that the charges are legitimate, correctly calculated, and supported by verifiable records.
Withholding transfers is not a political gesture. It is a protective measure.
An HOA Board’s duty is to the homeowners. Their obligation is fiduciary: To ensure every dollar collected from members is spent wisely, lawfully, and for the benefit of the community.
What Homeowners Should Know
You elected this Board to restore transparency, protect community resources, and manage the Association with care. That is exactly what we are doing. We won’t be pressured into unfair agreements that reduce our value.
We will continue pursuing full accounting and supporting documentation. We will continue reviewing past transactions objectively and methodically. And we will continue acting in the best interests of Eastridge Hills owners – without fear, without shortcuts, and without allowing pressure to replace proof.
Bottom line: We are watching out for you, and we will treat Association funds with the same caution we would demand if it were our own household budget – because it is your money.
Community Information Website Disclaimer
EastridgeHills.com is an independent community website created by residents of Eastridge Hills. This website is not owned, operated, sponsored, endorsed, or authorized by the Eastridge Hills Homeowners Association, its Board of Directors, management company, or legal counsel.
Information presented on this website reflects the opinions, observations, and interpretations of its contributors. Official Association notices, governing documents, meeting agendas, election materials, financial disclosures, and legal communications should be obtained through the Association’s official communication channels.
