yumacop
1 post
Jan 20, 2009
11:38 AM
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I'm not a money guy and there is probably someone out there a lot smarter then me, but I have a question. I imagine we pay our employees and buy goods in Mexico with the peso. I know for the last six months the peso is getting worse and the dollar is getting stronger. In the last couple weeks the dollar has peaked more then a few times over 14 peso to 1 dollar. If this be the case a $315.00 HOA fee would only be $225.00 fee at the exchange rate and all of the other fees we pay out, and equipment, supplies, services we buy should be cheaper. Now, I know that there has to be a common ground and there has to be a reasonable procedure to convert funds. You can't do it day by day but, still seems to me that instead of our HOA which keeps climbing and climbing every year there is someone out there good with money that should look into something like this for our advantage. We also need to have a strong over sight on the people that spend money at Las Palmas. We need to have a check and balance system. Anyone that handles money should have someone else (independent) to review and inspect expenditures. HOA Fees should not be going up and up. Once you put in rock there is less to water, less to mow, less to care for. The fees can't keep going up and up when the dollar is going up and up in exchange value............Doesn't make sense. Thanks for Listening. Bruce Turner
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