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5/17/2008 10:42:43 PM
 
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Section 5: OPA Board Subject: Ocean Pines Report Msg# 561811
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The board needs to hold General Manager Tom Olson accountable for this fisaco. Olson fired Deserie Lawrence and in his comments about her unsatisfactory performace he wrote: "She relied on others to meet her goals. When she failed to meet deadline the explanation would be that delegated responsibilites failed to get results." Seems to me Olson is guilty of the exact same thing he said about Lawrence. He relied on staff to get out a proper newsletter and those he delegated the responsibility to failed in many respects. |
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For reference, the above message is a reply to a message where: Bill, I just received a the Spring 2008 edition of the Ocean Pines Report. I direct your attention to page 10 and the Financial Report for 11 Months Ending 3/31/08. I have to say that the results are very misleading and neither the GM, Controller or the Board seem to mind. According to the Net Operating Summary, the Actual Net Operating (income) is $3,881,757. Obviously, net income after 11 months is not $3.9 million. Other expenses are missing - at least those from reserves. That brings me to the Capital Summary. I suppose this is just expenses (unlike the Net Operating Summary) but who knows. What is this supposed to tell the members? I don't understand how we have a $1,065,000 variance - do we have any budgeting integrity? Do you believe this report is comprehendable to most? I look forward to you reading the post; perhaps you may have the "time" to respond.
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