7/15/2013 6:38:25 PM
Reply
or ReplyNewSubject
Section 5: OPA Board Subject: Special BOD CIP Meeting Msg# 862472
|
||||||
Joe, Oh OK. I thought the actual increase was $45 per year for 5 years.
More like $35, but about $5 is going to pay off the so-called structural operational deficit that stood around $500,000. We were getting close to paying that off, but we just added about $500,000 more in the last fiscal year. By the way, the board has yet to even discuss what happened last year financially. With regard to that, last week I sent the following email to the directors (unanswered as is the case 99% of the time): Any informed association member would have to be a fool to not believe the board majority and/or the GM does not want to publicly review the results of the last fiscal year prior to the return of most election ballots. The only reasonable conclusion is the failure to review the results by this late date represents an abdication of fiduciary duty for the purpose of political gain in the upcoming election. |
||||||
|
||||||
For reference, the above message is a reply to a message where: Joe, Oh OK. I thought the actual increase was $45 per year for 5 years. "The Five Year Plan" I always figured this would be permanent, that the BOD would find new and creative ways of spending this money. Like Reagan once said "if you send it, they will spend it" |
Calendar |
OPA Board Meeting - Golf Clubhouse
11/23/2024 - 9:00 A.M. 3 days or less away! |
OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |