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HOA board spending money faster than they can collect it

| Budgets & Finance |   Condo Reserves |   Board of Directors |   Illinois |  


Question:

Our board of directors don't listen to the community and we have absolutely no control over what they do. They are now in the process of taking $8,000 out of our reserve to re-upholster 12 chairs in our clubhouse that just need a cleaning. There is absolutely nothing wrong with these chairs! They are also taking $3,000 out of the operating budget for custom window treatments for 6 windows! Several of us have tried to reason with them, but they won't budge. What can we do?  Illinois.


Answers (6)

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