#14723
Billen Ben
Flatchatter
Chat-starter

    FLOWERPOT MAN said:

    Defaulters up but debts reduced? This is incompetence? Is it possible the most prolific poster does not have a grip and 'these people' do, especially as the CTTT seems to be convinced?

     

    You are from my SP, yes?

    The adjudicator said

    “Events have proven the executive committee right. The above mentioned procedures have been adopted with the result that the arrears situation is much improved and it is likely to fully resolve itself in due course by the approach adopted”

    Page 6, paragraph 32, of SCS11/19312 by Adj J Smith.

     

    The debt, levies in arrears, when the SCS matter was lodged was $55850 in the most recent audit (2010). The OC convinced the adjudicator  that debt situation had been, to quote Adj. Smith, “much improved”. After the decision the 2011 audit showed the debt was down to $54422.

     

    The so called “much improved” debt was a $1428 reduction and hardly due to anything the EC had done. The adjudicator looks like a goose because he says the debt “is likely to resolve itself in due course….”. It will take 38 years to reduce the debt to zero at the rate of $1428 per year.

     

    The Adj says “events have proven the EC right” – how so?

    The EC disregarded a consensus passed AGM motion. The SCS case referred to above was not a question of was it the right thing for the EC to do. It was a question of preserving the meaning of s21(4) of the Act. The EC had instructions from the OC and ignored them. What use is the Act if Adjudicators take the liberty of not worrying about it?

     

    A 2.5% debt reduction, which is nothing more than a normal fluctuation, is not a “much improved” situation and a 38 year time frame to resolve the problem is hardly in “due course”. The EC has only been proven to be able to hoodwink CTTT.

     

    Looking at recent EC minutes and the state of the bank balance it seems very likely the debt level will, again, not be much improved this year and in fact it looks possible it might increase, to a record high.

     

    Is the self-management of the SP incompetent; without question it is.  Just look at my last levy notice and how i am not charged interest for late payment. The SP is embarrassing enough without people trying to find ways to make the poor management appear competent.

     

    I think there is a lesson here for all Flat-chatters:

    Standing up for your friends poor management, when the poor management is to the detriment of the SP as a whole, will not lead to good outcomes.