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The HOA Board’s Risky Financial Moves: What They Aren’t Telling You
The HOA Board recently unveiled their plan to “balance the budget”—but their solution is reckless and deceptive. Instead of properly managing expenses, they have decided to drain our reserve funds—$400,000—and invest it in risky Schwab accounts. This locks the funds from use for unexpected expenses like a recall election. What your Vice President / Treasurer…
Security Guards for only $13.12 per month
The cost of hiring a gate attendant in a Eastridge Hills HOA community will depend on several factors, including wages, taxes, and required insurance. The final paragraph of this story gives the best scenario. Here’s some estimates based on typical costs in the Bay area of northern California: 1. Wages • Hourly wage: The…
Financial Mismanagement – HOA Board Recall
Editorial: Our HOA Board has failed in its duty to represent homeowners fairly, responsibly, and transparently. Instead of protecting our property values and ensuring a well-managed community, they have allowed mismanagement, selective enforcement, and unnecessary financial burdens to continue unchecked. The Board’s complacency has led to rising dues without accountability, a lack of homeowner input…
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