Tuesday, February 11, 2014

Financial statements withheld

In 2009, the Management company finally released financial statements back from 2007.

After the removal of the Board via Recall, the people of Kempton Park finally got info, that should be public.
Today, as the previous group of homeowners took back the Board, the financial statements are again not available. All we have on hand is 2007-2011.
We will see what they will produce once asked to release 2012 and 2013.
They apparently voted a Budget for 2014, so this one too should be of interest.
In Dec 2013, they proceeded to the election of Board members. Very little warning was given for that meeting. They are resulting to their old ways again: Secrecy, or minimal information.
The names of the current board members are unknown at this time.


  • In 2007, $52,347 were spent for Administration? 
  • Over $169,000 in Expenses for 2007? 
  • Miscellaneous income?

1 comment:

  1. Financial statements have finally been released, and are up to date!

    ReplyDelete