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Old 12-15-2009, 10:38 PM
 
Location: Western Bexar County
3,823 posts, read 9,843,767 times
Reputation: 1783
Quote:
Originally Posted by RGJ View Post
I find it interesting that rumors about missing money becomes a head hunting. And do you think anybody with any real knowledge of misappropriatiing HOA monies is really going to come to light? And to prove such a thing is almost impossible without a trail. And you better be right and have the proof. Slander and libel is a terrible thing.

If you have a million dollar budget(which has been said on this board)and you don't have a CPA or an audit committee, then you get what you get. Bunch of amateurs running the show......And really, they raised the HOA dues by $4.00?... Give me a break!!

I think the BOD has every right to spend the money however they like. If you don't like it, then get on the board and put your time in. Nothing like a Monday Morning QB....

And I don't live there, but I have read the by laws....
I'm just going to stick to the facts. If you did live here then you would see the new 2010 budget that came along with the dues assessments. What gets me is salaries that total $405,860 (not including another $28,000 for payroll taxes). That's 36% of the total income of $1,121695. Talk about high overhead! Thank God they don't get bonuses are we would need a government bailout.

 
Old 12-15-2009, 10:43 PM
RGJ
 
1,898 posts, read 2,550,158 times
Reputation: 826
Quote:
Originally Posted by Steel Man View Post
I'm just going to stick to the facts. If you did live here then you would see the new 2010 budget that came along with the dues assessments. What gets me is salaries that total $405,860 (not including another $28,000 for payroll taxes). That's 36% of the total income of $1,121695. Talk about high overhead! Thank God they don't get bonuses are we would need a government bailout.
Maybe they should outsource the clerical help to a temp agency and subcontract out the maintenance of common areas, pools, etc. What other salaries are they paying for? If I were a homeowner, I'd be interested in knowing this...

Maybe a professional HOA management company should be called in..

Last edited by RGJ; 12-15-2009 at 10:59 PM..
 
Old 12-15-2009, 11:00 PM
 
Location: Western Bexar County
3,823 posts, read 9,843,767 times
Reputation: 1783
Quote:
Originally Posted by RGJ View Post
Maybe they should outsource the clerical help to a temp agency and subcontract out the maintenance of common areas, pools, etc. What other salaries are they paying for? If I were a homeowner, I'd be interested in knowing this...
Community Manager, Assistant Community Manager, Administrative Assistants (3?), Superintendent of Standards, Standards Compliance Monitors (8?), Superintendent of Maintenance, Field Foreman, Groundskeeper/Labor, Pavilion Attendant, Recreation Director, Assistant Recreation Director (1 FT/2 PT), Pool Supervisor, Head Lifeguard, Lifeguards, Gate Guards, swim lesson payroll.

They also spend another $109,920 for Scheduled Service Contracts. The biggest expense is landscaping costs of $60,000. Not in this total, but under Operations, is $24,000 for major street fences. Since they are not paying to repair the fences this year, I guess that covers the wood stain.
 
Old 12-15-2009, 11:10 PM
RGJ
 
1,898 posts, read 2,550,158 times
Reputation: 826
All I can say is....Holy Moly!.....Something seems out of whack...Wonder what the hiring standards are for these positions....neighbor, brother in law, nephew, cousin, etc.? It would be interesting to know who's related or who knows who for the 15-20 full time employees(am I figuring this right from your post?)... but then maybe it's all on the up and up
 
Old 12-15-2009, 11:14 PM
RGJ
 
1,898 posts, read 2,550,158 times
Reputation: 826
BTW, what happens to the other 64% of the budget? $650-750k?
 
Old 12-15-2009, 11:22 PM
 
Location: Western Bexar County
3,823 posts, read 9,843,767 times
Reputation: 1783
Quote:
Originally Posted by RGJ View Post
BTW, what happens to the other 64% of the budget? $650-750k?
Well, $168,000 goes to Notes Payable (community center w/land). That's another 15%. The rest is various costs. Very much like our current US government.
 
Old 12-16-2009, 04:55 AM
 
Location: Kallison Ranch, San Antonio,TX.
1,643 posts, read 2,137,230 times
Reputation: 682
Quote:
Originally Posted by RGJ View Post
I find it interesting that rumors about missing money becomes a head hunting. And do you think anybody with any real knowledge of misappropriatiing HOA monies is really going to come to light? And to prove such a thing is almost impossible without a trail. And you better be right and have the proof. Slander and libel is a terrible thing.

If you have a million dollar budget(which has been said on this board)and you don't have a CPA or an audit committee, then you get what you get. Bunch of amateurs running the show......And really, they raised the HOA dues by $4.00?... Give me a break!!

I think the BOD has every right to spend the money however they like. If you don't like it, then get on the board and put your time in. Nothing like a Monday Morning QB....

And I don't live there, but I have read the by laws....
I'm sorry but the BOD DOES NOT (NOT ANY BOD) have ANY RIGHT to spend the HOMEOWNER'S MONEY AS THEY SEE FIT. I'll assure you if I were on the BOD I would have the same attitude. So I guess 3-5 Folks out of 14000 Plus know how to best spend our money. At the next meeting I'll be certain to give them my Checkbook and let them handle my finances.

So Folks just need to sit back and let the BOD **** IT AWAY?.

Ther is NO DOUBT that you would not have made that statement if you lived here or anywhere else that has a HOA.

With all due respect I have read the By Laws and I don't think I read what you stated in your post. Could you please tell me where to locate the section that states they can spend our money as they see fit?.

Last edited by wellguy; 12-16-2009 at 05:04 AM..
 
Old 12-16-2009, 07:38 AM
RGJ
 
1,898 posts, read 2,550,158 times
Reputation: 826
Are they supposed to go to the general members everytime they cut a check? The board votes on who can spend the money and how much is spent. I've been involved in our HOA as well as a couple of volunteer non-profit youth sports program. All of the monies paid out in these organizations is decided by the BOD and not the general membership.

Last edited by RGJ; 12-16-2009 at 07:59 AM..
 
Old 12-16-2009, 07:46 AM
RGJ
 
1,898 posts, read 2,550,158 times
Reputation: 826
Look at Sections 7.13 and 7.14 of VWC by-laws. I think it's pretty clear.

http://www.villagesofwestcreek.com/Documents/bylaws.pdf
 
Old 12-16-2009, 08:04 PM
 
872 posts, read 1,067,043 times
Reputation: 437
Quote:
Originally Posted by Steel Man View Post
I'm just going to stick to the facts. If you did live here then you would see the new 2010 budget that came along with the dues assessments. What gets me is salaries that total $405,860 (not including another $28,000 for payroll taxes). That's 36% of the total income of $1,121695. Talk about high overhead! Thank God they don't get bonuses are we would need a government bailout.
They do get bonuses!
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