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Tag: Budget

Graph of 2025 vs 2026 needless budget increases

$147,760 in Unnecessary Dues Increases — Caused by Our Board

Posted on November 26, 2025December 4, 2025 by Ken

For 2026, the BK1 board raised its legal budget from $60,000 to $100,000.BKMA raised its own legal budget from $12,000 to $75,000—because they must defend themselves against the lawsuits. On top of that, BKMA’s office rent increased from $53,640 to $98,400 as a direct result of the lawsuit involving Office 205. According to multiple BKMA…

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The needs of the many outweigh the needs of the few

Budget Meeting Cancelled — A Sign of a Larger Problem

Posted on November 25, 2025December 4, 2025 by Ken

Brickell Key One has five board members. We were informed that the reason for the budget meeting’s cancellation—with only 15 minutes’ notice—was a lack of quorum. A quorum requires only three board members. So what happened? Owners deserve an explanation. This meeting was legally noticed 30 days in advance. How is it possible that three…

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