UCO DELEGATES (BOARD OF DIRECTORS) ARE DISSED

Because the last Budget and Finance Meeting shed little or no light on the new proposed budget, it made it more confusing.

I called our auditors, Goldman, Juda & Eskew, PA., and spoke directly to Kim Juda, the firm’s managing partner as well as the in-charge partner for UCO.  Also on the line was Carol Eskew, another senior partner. I told them that the first proposed budget was voted down.   We spoke about several items regarding changes in UCO’s traditional bookkeeping methods without the approval of the delegates (Board of Directors) as was done in the past, the propriety of Howard’s change in tax treatment of the $680,000 and the nature of the new budget, amongst other things.  Both partners were very cordial and concerned.  Ms. Juda said she would be glad to help the village.  In fact, she said they would be willing to meet us at the Village.  I told them that over 50 residents signed a letter requesting that George Lowenstein, Dorothy Tetro and myself help correct the budget.  We would come to their office before Friday’s delegate vote on the revised budget.  Without hesitation, both checked their diaries and a meeting was set for 7:00 pm on Wednesday, February 4, 2015.

I was shocked to get a phone message from their office saying that when they told David Israel of this meeting, he forbade them to see or talk to us.  I then called and asked to speak to Ms. Juda.  I was put on hold, waited a few minutes and was then told that she would not get on the phone.  I asked that an e-mail be sent to me explaining that David Israel refused to give his permission.  The office said that they would send an e-mail in a few minutes.  I never received the e-mail.

I wonder why?  I know that there would be no charge for their time!

Unit owners:  Read your by-laws, Bi-Lateral agreement, and your audited financial statement.  Their financial statement is addressed to the Board of Directors.  We are the Board of Directors.  Read the Florida Corporate Statues.

This action by the auditors and David Israel signal a clear indication that something is amiss.

Vote this proposed budget down and every other proposed budget until we, the delegates, (Board of Directors) are heard.

Edward R. Grossman, CPA