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11/17/2024 3:43:24 PM
 
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Section 5: OPA Board Subject: What Happened to No Comment? Msg# 1215402
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Stuart Lakernick has proven to be a considerable asset to our board of directors. I suspect he follows the monthly controller reports, and budget requirements closely. He hasn’t undermined the GM in anyway whatsoever. He only stated the obvious.
I wrote that Lakernick is doing a good job. Did you miss that? Regardless, no board member should be undermining the General Manager by saying the GM WILL submit a "flat" budget for the next fiscal year. Period. You know that. You, like Lakernick, are making a political statement. Have you looked at the financials for Ocean Pines Association, Inc. recently? As of today the board could safely reduce next year’s assessment and still meet all of our commitments. The GM is being prudent. There is the new Maryland law on reserves. We have no idea at this time how all that will play out. Given OPA history, I would suggest association members have confidence in this GM, even if you do not. |
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For reference, the above message is a reply to a message where: Joe: Have you looked at the financials for Ocean Pines Association, Inc. recently? As of today the board could safely reduce next year’s assessment and still meet all of our commitments. Stuart Lakernick has proven to be a considerable asset to our board of directors. I suspect he follows the monthly controller reports, and budget requirements closely. He hasn’t undermined the GM in anyway whatsoever. He only stated the obvious. Marty |
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