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Thursday, November 10, 2011

VOTING PREPARATION - ASK TO REVIEW THE COMPLETE 2010 AUDIT

WHY WAIT TO REVIEW THE 2010 AUDIT BEFORE YOU VOTE?

The ten candidates have made finances a key element of their platforms. Some of the candidates have served on the Board and should have a record. 

The Concerned Citizens are discussing giving you back your dredging assessment payments , declaring legal victories that we've proven are undocumented  - NO signed ruling/order, and have recently engaged the Board Attorney to start acting at your expense, with no one's word but theirs as to exactly what the court ruled.

A review of the 2010 audit, including the management letter would provide a unique review of the Concerned Citizen Candidates and whether they have acted according to good business judgement and sound accepted accounting principles.  Why?  In June 2010, the Concerned Citizens, through a hostile Recall, took over the Board.  Review of the 2010 audit and management letter would allow you, the voter, to draw some conclusions, as to whether you should vote for them, and allow them to oversee our funds again.

I don't have any inside information as to what the audit reveals but I view it as a critical document to assist in making a decision as to who to vote for, who to trust, with my assessment dollars.Just like the court ruling, I want to see and read for myself.  Did the Concerned Citizens demonstrate, as provided by an outside audit, that they will follow through responsibly?

George Wilson and Fred Thomas played key roles in the governance of our association after the recall.  Zieske sat on the Finance Committee.  This is your opportunity to view them in a documented report, before you vote.

I have sent the following to the Board:

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"REQUEST TO REVIEW 2010 AUDIT, ATTENTION TREASURER MCMILLIN

Please distribute to the Board and place a copy in the correspondence file.

Board,

I will come to the office on November 15th, at 10:00 AM to review the 2010 audit, including the management letter.  If you view my request to review the complete document, including the management letter a problem, please respond via email, prior to the scheduled time for the visit.  If you deny any portion of the request, please explain.  I'll appreciate your cooperation."
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Will they answer?  If they do will they allow me to see the complete report, including the management letter?  They should.  As Executive Director of a non profit who had a CPA performing our accounting services, and a yearly audit, I looked forward to sharing the entire document with Board and the benefactors of our services.  The audit and management letter were required on all grant applications, and as we responded to requests for proposals. It is a guiding document for improvement and change, if needed, and reassurance to the community at large, that you are operating under sound accounting principles and good business judgement.  While the Wedgefield Plantation Association Board, is not seeking grants, in similar fashion they are asking for your money through your assessments, and your approval through your votes on individual candidates.  I don't think it is too much to ask, WILL THEY?  I'll update this article on Tuesday, November 15th.  In the mean time, perphaps you should email or call and ask to see the entire 2010 audit.