🌐 Read this article in: English Español 3 Key Takeaways $1,053,515 Insurance Over-Budget Insurance was over-budgeted in 2024 and 2025 by more than one million dollars combined. $495,169 Unpaid Owner Dues Nearly half a million dollars in assessments remain uncollected. Budget Question Insurance Dropped in 2026 Insurance costs fell by $366,260 in the 2026 budget,…
Always at the Deadline Why does this board consistently act at the last legally allowed moment? Examples: This is emblematic of a Reactionary board and not a Proactive Board. Why is nothing handled earlier? Why is there construction in our lobby without any explanation or costs?
Where Are the 2024 Audited Financials? The 2024 audited financials have still not been provided. They are now seven months past the legal deadline. In prior years the auditor participated in a board meeting presenting the findings and answering questions. Why the delay?What information is being withheld?
Fifteen minutes before our annual budget meeting on 11/19/25, we were notified that the meeting was cancelled “due to an emergency.” Now we’re being told that an “error” was identified during the budget review process.So which was it — an emergency, or a $290,000 mistake? And if it was an error, why was it discovered…
Proxy votes were counted Friday night. To pass, 160 votes are required.Anything less means the motion fails. The Results: Yes=143 No= 27 Because the 160 vote threshold was met, this proposal has passed. Notably, if just 11 people who opposed the gym had not voted at all, the board would not be moving forward—despite a…
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…
