Saturday, August 11, 2012

Note From Marianne and Others

Just to set the record straight.......

  

I left by choice....I was offered a position out-of-state.  

A 2-week notice

 was given to the Board President.

  

I was under a non-compete agreement for one year (I think).

  

All employees (including me)  were Rossmar employees, not Anasazi employees.

Signed Marianne Lund

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Webmaster Comment

YEARS OVER MARIANNE .. WISH WE COULD HAVE YOU BACK ????

I - WE MISSSS YOU VERY MUCH !!!

You would cry if you saw the way Anasazi looks nowadays

BLUNTLY This Management company couldn't shine your shoes...You were The BEST..Thank You
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From M.Ibing

The conflict of interest discussion is stimulating

 How about broadening the scope to the raw financials


the books and records?

It appears that there finally is some movement into the right direction and one may be tempted to suggest to continue on that general path. 

Following that temptation, there is one item that has puzzled me for some time now, the enormous increases in HOA dues.  

Somehow the term increase is in stark contrast to all the savings that were made over time, starting with the elimination of the guarded gate, the replacement of one property manager by two persons, the replacement of Rossmar, the termination of all but one long term, experienced employee, the replacement of the landscape companies, pool service companies, and I am sure many of you can add other savings that we have been sold by the Board of Directors !!

All of these savings should have "saved" money, not needing an increase in HOA fees, and at the same time make everything look and function better and make us feel more safe and secure.

What I am beginning to wonder is whether residents must believe every generalized summarized financial statement the BOD makes, the bare bone and detailed book keeping.  Obviously there are few residents willing or comfortable with personally subjecting the Anasazi financial books and records for conclusive results.

As in real life, it always helps to have a second, impartial opinion. In our case by an independent CPA chosen by a team of residents - not the BOD - and have that CPA make a deep analysis of the books and records, not just this year's but several years back to be able to see the trend of "savings" versus justifiable increases.

We all know about inflationary increases, minimum wage increases etc., but taking all these somewhat normal, expected increases into account and weigh them against what the BOD claims was saved by their significant saving moves, such as the replacement of the property management company and trusting all moves made the new company, almost relinquishing control that is required by the rules and regulations governing the HOA and its board.  

Any CPA can project how the BOD made saving moves compares with a scenario under which one would assume the cost of having the property managed continuously by Rossmar until today and not necessarily investing in certain other "cost savings" that actually pushed the HOA fee above the $300 mark, a premium fee for which the HOA has less to show for than before.

Another interesting analysis, performed independent from the BOD of course, would be comparing similarly sized and featured condo communities with the Anasazi community in all aspects, including but not limited to, safety, conveniences, landscape, etc., Internet and cable TV services, and of course HOA fees.   

All communities are faced with increased cost in utilities but how well does our board deal with these in comparison with similar communities.  A comparative analysis would allow us to see what those communities receive (or not for that matter) in return for their HOA fees versus what we get, how well managed are they in comparison to Anasazi? 

My uneducated guess suggests that this indeed would be a set of interesting analyses and such analyses can only be performed by an impartial, external CPA firm NOT chosen by the BOD, but by a group of residents selected and appointed for these tasks by the residents.  We live in a Democracy after all.

MI #11

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