Perspectives on 2019 Financial Performance

There doesn’t seem to be time anymore to seek peace and tranquility in the refuge of Big Canoe.  We are so overwhelmed with drama and the constant barrage of issues and crises under the watch of the current board.  And throughout all of this mayhem, not one single individual has been held accountable. Continue reading “Perspectives on 2019 Financial Performance”

An update on the $25/$16 assessment increase . . .

In the previous post, questions were asked regarding the 8.89% monthly assessment increase.  Was the increase a “regular assessment” which covenants allow to be used by the current or any future board for both operational and capital expenses?  Or . . . was the increase a “special assessment” which may not be used for operational expenses and which  also requires property owner approval?  (1) Continue reading “An update on the $25/$16 assessment increase . . .”

Assessments, budgets and more . . .

The December 31st POA member statement along with a two page memorandum from management (1) has just been received leaving this writer somewhat perplexed.  Although the $25/$16 increase approved by the board in November to be used for Master Plan capital projects was included on this statement, Continue reading “Assessments, budgets and more . . .”

Governance 101 – New Information . . .

Although a property owner did indeed serve on three board committees in 2018 (election, finance and water), it has been learned that Board Policy 300.4 was actually revised in May 2018 in order to allow individuals to serve on multiple committees.  (1)   Unfortunately, the amended policy was not made available on the POA website, Continue reading “Governance 101 – New Information . . .”