If the Waterford Village HOA board is trying to calm suspicions about the community’s finances, they’re doing a terrible job.

Let’s recap the situation quickly:

– Several homeowners in Waterford Village, including one HOA board member, are concerned enough about where the HOA’s money has been spent (and whether or not all of the association’s taxes have been properly filed) in recent years that they’ve been pushing for an audit.

– The HOA’s president and a few other board members dismissed any possibility of an audit, prompting multiple homeowners to ask us to help bring attention to the situation.

– An article was written, and HOA president Denise Vezina sent us a nasty and totally uncalled for email… but at least she did promise to “have the residents vote whether they wanted an audit (which costs thousands of dollars) or a reconciliation. This vote will be in THE ANNUAL PACKET”.

– That was that. The residents would get to decide whether or not to have an audit. While we agree there should be an audit, if the majority of the homeowners don’t want one then that’s their call.

Everyone had moved on.

But since you’re reading this article, you’ve probably realized by now that something else has happened.

And that something was a blatant attempt at deception from the Waterford Village HOA board.

The Gateway Sun has obtained the “LIMITED PROXY” vote document for Waterford Village’s February 22, 2018 membership meeting.

In regards to the audit, the question was posed to the homeowners as follows:


Should an audit of the 2018 Association Records be waived and instead a Report of Cash Receipts and Expenditures be performed.


Wow. Okay.

Two things.

First – Obviously the concerned homeowners wanted an audit of finances from PAST YEARS. Not the finances from 2018.

I mean, come on.

Of course the HOA is going to do everything perfectly this year now that they know the residents are watching them. But what the homeowners want to know is what took place in recent years when the board thought that nobody was paying attention or would ever find out.

Second – By now you know that the Waterford Village board has made it perfectly clear that they feel audits are overkill. They don’t do audits, and they don’t want to do audits.

Besides, if they did get their books audited then there would be no reason the homeowners were fighting to have them audited. Right?

So explain this to me: why is the question worded as if to suggest that audits are the normal practice, and the board is asking for permission to NOT audit the books just this once?

Here’s the question again…

Should an audit of the 2018 Association Records be waived and instead a Report of Cash Receipts and Expenditures be performed.

Note that the board is specifically asking the homeowners if the audit of the 2018 records should be “waived”.

You see what they did there? If you’re a new homeowner in the community who read that statement, you would conclude that they usually do audits… but that they’d like your permission to do something simpler with 2018’s finances.

They deliberately worded the question in such a way to trick people in to believing something that isn’t true.

What kind of HOA board would do that? And more importantly, why?

Look, I don’t know what’s going on in Waterford Village or what’s been happening with their finances over the years.

But now that the situation has grown from a lack of transparency to outright deception, I do know why some of the residents want an audit.


Paul, what are you doing associating yourself with this?

Come on, man. This isn’t you.

After this move from your board you need to switch sides and push for the audit.

We’re hoping you do the right thing.

Editor of the Gateway Sun and owner of restaurant delivery service Florida Food Runner.

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