It was different. It was long. Lacking property owner interaction but filled with guest appearances from staff members and committee chairs, the August 27th open board meeting with a reformatted agenda is now blurred history. Initially, it was easy to feel overwhelmed by the abundance of detail being broadcast only to step away wondering exactly what if anything substantive had been disclosed or learned. Continue reading “Hide and seek . . .”
Category: Capital Funding
Midpoints . . .
With the abundance of recent governance issues and civil complaint filings, there hasn’t been much room on these pages to discuss anything financial. Thus, before pondering the recent Town Hall meeting, it should at least be noted that a 26 page financial package containing a plethora of useful information was apparently inadvertently posted to the POA website. Continue reading “Midpoints . . .”
Alternating narratives . . .
It’s always good news when the Association receives an unmodified or “clean” opinion of the year end audited financial statements. (1) In fact, given that a “clean” opinion is not only considered an industry norm but also a reasonable requisite of any accounting job description, anything less would have been unacceptable. Continue reading “Alternating narratives . . .”
Denial . . .
In yet another quick reaction to the latest post from this writer, (1) the Director of Finance has spoken. As the gatekeeper to the Association’s money, she has made the determination that a property owner should not be entitled to a response to questions regarding the Association’s finances. Continue reading “Denial . . .”
Whitewashed: Updated . . .
Sincere appreciation is extended to those who may have encouraged management to reply to this writer’s unanswered Ask the POA tickets submitted weeks ago. Thus, soon after the previous post, (1) https://bcmatters.org/whitewashed-part-two/ replies were received although several were in need of significant followup. In a quest to be fair, each of those responses follow along with a brief discussion when warranted. Continue reading “Whitewashed: Updated . . .”
Whitewashed: Part two . . .
Beginning where the last post left off, it seems that the Association has become completely immersed in the trademark business. With twenty six registrations and/or pending applications filed with the USPTO, where is the end?
It can not be forgotten that leadership spent $578k in 2025 to purchase six trademarks and logos from Big Canoe Brokerage with each carrying a usage limited to “real estate brokerage, management and development” and yet the 2025 board believed it to be critical in order to protect the geographical identity and name of our community. Continue reading “Whitewashed: Part two . . .”
Whitewashed: Part one . . .
Prepare to be amazed as you witness leadership’s scrambling to cover their tracks after being called out for disregarding the governing documents of the Association. (1) Too many more examples of this level of contempt for the rule of law might ultimately result in a precedent declaring the entire governing structure of Big Canoe moot and unenforceable. In fact, keep this defense in mind for the next time you receive one of those foolish AECD citations. Continue reading “Whitewashed: Part one . . .”
Onstage again . . .
It’s certainly good to know that someone in leadership or management reads/follows this blog. Several days after the previous post referencing the Director of Public Safety’s letter to businesses and vendors seeking enforcement assistance regarding the usage of outdoor rodent bait stations, (1) someone actually took the time to replace the outdated Rules and Regulations (May 2023) posted to the POA website with the current rules that went into effect January 1st.
Budgetgate . . .
Before discussing the manipulation of the 2026 budget, this writer would like to first extend sincere kudos to the clubhouse chef and his team for “delivering” an impressive $19k profit to the October F&B operations. And with this improvement, the year to date loss has now been trimmed to $550k. (1) Not only is this good news, but it clearly demonstrates that a minimum of break even results can be achieved with vigilant management and oversight. Continue reading “Budgetgate . . .”
Unraveling the spin . . .
Wow. Talk about influence. The election hasn’t even taken place, yet the General Manager has already adopted the narrative taken from one candidate and Finance Committee member (1) by referring to the $13k September Food & Beverage (“F&B”) loss as a subsidy while proclaiming it cost each property owner only $4.40 or less than a cup of Starbucks coffee. (2) https://www.youtube.com/watch?v=UImvGmEPcjY at 15:30. What an innovative twist and what a dog and pony show. Continue reading “Unraveling the spin . . .”