forum graphic image decorative
Loading feed...
STANDBY

Forum: Reserve Revelations

20/07/2024

Edgewoodhoa.org

➤ Forum Archive

Public Forum Post Summary

July 20, 2024 · 14:44

Screenshot of an online forum post by Shane Hill, dated July–October 2024, discussing allegations surrounding the Edgewood HOA board and reserve funding disclosures in Citrus Heights, California.

The post alleges that the HOA board, led by Pat Burden, publicly claimed reserves were funded at 55% while internal reserve studies allegedly showed funding closer to 8% unless homeowners paid a proposed $5,120 special assessment.

The discussion references statements attributed to former property manager Tony of Network Community Management, who allegedly claimed the board misrepresented reserve funding figures and terminated him after disputes regarding the association’s finances.

Included in the forum archive is a board graphic stating reserves had improved to 55% after postponing projects, alongside notice of HOA dues increasing to approximately $395 per month.

Additional updates in the post discuss alleged admissions by board leadership regarding inaccurate financial disclosures, claims that association funds were used for cease-and-desist legal efforts directed at critics, and reports of an active resident recall petition campaign.

The archived discussion also references allegations involving missing funds, disputed executive meeting minutes, and outreach to a California state senator’s office regarding HOA governance concerns.

The post concludes with calls for increased transparency, accountability, and resignation of current board leadership.

This public forum post is presented as part of the historical archive and is provided for contextual reference alongside resident communications and forum discussions from the same timeframe.
Screenshot of an online forum post by Shane Hill, a member of the Edgewood HOA community, dated July to October 2024. The post alleges that the HOA board, led by Pat Burden, misrepresented the association’s financial reserves—claiming 55% funding while the actual reserves were only 8% unless homeowners paid a $5,120 special assessment. Shane Hill quotes a terminated property manager, Tony of Network Community Management, who says the board lied about reserves and fired him for confronting them. The post includes a graphic from the board stating reserves were 55% after holding off projects, with a dues increase to $395/month. Shane Hill updates that the board president admitted to lying about finances, that the board spent association money on a cease and desist lawyer to silence critics, and that a recall petition is underway. The post also references missing funds, fabricated executive meeting minutes, and contact with a state senator’s office. It ends with a call for board resignation and community transparency.

Edgewood Home Owner Advocacy

www.edgewoodhoa.org is an independent community-interest website created to share local news, events, and civic resources in the Birdcage Heights / Edgewood area of Citrus Heights, California. It operates solely for neighborhood news, transparency, and to foster open communication among residents. It is not connected to any homeowners association, property manager, or common-interest development.