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…