We have recently heard that some owners are complaining that they do not know where their money (Community charge) is going or what is being spent. As is the law all owners receive a financial account with the agenda/minutes of the A.G.M. In the interim period, accounts are available at all times to be checked at the offices of the Administration at the Plaza. You would of course need an appointment as the staff are not there all and everyday.
Other than emergencies such as the blocked drains, the cockroach infestation and the fire in the pump house etc., no money is spent on items other than those approved at the A.G.M. All receipts are kept for a period of six years and any owner may see these along with the accounts.
Should any owner like an up to date copy of the bank account then they can have one instantly by email. No one has ever asked any official or the Administration for any of the above apart from one (non owner) who wished for all the accounts to be sent to his accountant in the U.K which of course was illegal for us to do and was refused.
Could any owner wanting any information at all on the running and financing of the Community please ask an official, who will be more than pleased to assist.
Wednesday, October 24, 2007
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