Monday, January 25, 2010

Carol Krengelis: Fiscal Threat or Menace? & Fox Management Group Defaults, Owes OVER $2,600! (#351)

"Business analyst" Carol J Krengelis did this in her capacity as our condo association treasurer...
Voted down a deal that would've brought in $1,800 a year for a space the Board currently rents for...ready for this...$120 a year!
(That's FIFTEEN [15] times the amount the Board currently gets!
Literally FREE money!)
She then raised assessments to make up for the shortfall!
You read correctly....
Carol Krengelis turned down a deal that would've avoided raising assessements for at least a full year!
And she's still on the Board...

I've been asked the question...
Would I hire her as a business analyst?
My answer...
Not with that sort of business acumen!
I'm not in business to lose money!

In other matters...
Monday's total for Fox Management Group's still-unpaid bill from July, 2008 (over a year ago, now!)...$2,640.27 from an original $75!
They've broken the $2,600 level!
Now that the 1% per workday cumulative late fee is over $26, it's really mounting up, at a rate of $130+ a week! That's more than the amount they originally owed!
It's over 350 (THREE HUNDRED FIFTY) late charges, and now the amount (with late fees) is over 34 times the original bill...
Is that just pitiful, or what?
I hope for her sake that Mara's better with her library books and DVD rentals! ;-)
She's a helluva role model for her children, isn't she?

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