The Brookstone Homeowners Association Board of Directors met on October 8th. That morning, the Secretary of the Board distributed the current financial statement for the HOA as well as the 2008 proposed budget via the HOA Yahoo group. What is most notable about this meeting is that it was supposed to take place on October 4th. The October 4th meeting was postponed after the resignation of the Board’s President.
While some on the Yahoo group lamented the fact that the financial documents were posted with such short notice prior to the October 8 meeting, it is curious that these documents were not shared prior to the October 4 meeting.
And so on October 8, the HOA Board met and voted on a budget for 2008 without any input from its members. In preparing its budget for 2008, the Board didn’t bother to solicit any suggestions from homeowners, nor did it invite any discussion from its members on any of the items contained in that budget.
In light of the fact that one member of the Board had recently resigned, why didn’t the Board postpone the vote on the 2008 budget until a suitable replacement had been found?