THE CONSEQUENCE OF FAILED LEADERSHIP!
President of SCA, Steve Anderson, frequently writes on Nextdoor to respond to comments and questions and is quite revealing as his comments reflect the positions of the board majority. And those board members that disagree are prohibited by the rules to disclose their opposition. It isn’t a level playing field. Mr. Anderson abuses his bully pulpit by allowing the reader to believe everyone is on board. Remember the restaurant was approved by a 4-3 vote but afterwards the board leadership acted as if it were unanimous just as it falsely spun that the majority of homeowners supported the restaurant.
But this issue is bigger than the restaurant and I urge you to focus on failed logic, failed policies and failed leadership.
Mr. Anderson on Nextdoor earlier when defending the board’s pending actions for the Reserve Study and Assessment Component for the 2024 Budget said.” The key point is do we have sufficient cash flow to meet our planned and unexpected needs.” That’s gibberish.
Folks, another writer responded to him saying,” As far as your argument that you are funding for the unexpected is pure contradiction because you cannot measure the unexpected.” “ The disaster with the Villas on your watch documents that. Their reserves were underfunded and the unexpected happened.”
Mr. Anderson’s statement is failed leadership. He is very polite but very wrong. Jim Mayfield, a very respected past Treasurer, has commented that the Main Reserves are a mess and the cash flow method touted by Anderson has been discredited throughout the country. Greg Swenson, the current Treasurer, supports the underfunding of the reserves and his bad judgment has been challenged and exposed previously.
The best protection for homeowners from the unexpected and special assessments is to fund reserves 100%. Another unintended benefit is that it keeps money away from the “pet project” board members that want to expand amenities like the solar car ports in the parking lot which has already been advocated by some existing board members. But the bigger issue is 100% funding of the Main Reserves and moving our Community closer to that standard.
I am afraid this issue is lost with this current board majority. Hopefully in the Spring 2024 election new candidates will emerge to advocate changing course.
The pocketbook you save may be your own. Until next time…..Robert