The following article was sent to me by a HOA president. Over the years we've discussed the boards of our respective HOAs. Our recent discussions have gone to the declared expertise of the WPA board, ever changing treasurers and their reporting, and the need for residents to have the assurance of qualified experts. Reserve studies entered conversation and the fact that up until this year we had drainage, roads, etc. on our operating budget, and now that was no longer the case. Look at DeMarchi's projected 2014 budget. These items no longer exist in the ever, all knowing, expertise of finance in the world of DeMarchi. After reading just one relevant article, you may find that you should be voting "YES" on the amendment calling for a real professional. What is the first thing this HOA advisor group recommends - "check with your accountant". They assume too much. Our all knowing self clamed expert board says we don't need one.
