There is a lot of acrimony on both sides of the Property Owners Association of Terlingua Ranch Incorporated (POATRI) debate. Detractors accuse POATRI of mismanagement, misuse of funds and concealing that misuse. POATRI contends that it is an organization that is simply doing its best to maintain roads and promote tourism with limited funds and difficult obstacles.
As always, the truth is somewhere between and is totally contextual. After two weeks of reading the bulletin board regarding this issue, I can only say a couple of things:
1) Audits must be complete and thorough. They must be made available to each member of POATRI.
I can’t say for certain if funds are being misused. However, I can say for certain that individual members who have asked for financial records have been denied that privilege.
The individual members are like the stockholders of this organization. If they are to make informed decisions and use their vote wisely, they must have an accurate snapshot of POATRI’s finances. This is the foundation of the American corporation.
It’s a very complex and difficult task to keep records up to the State’s standards; but it must be done. If this task has not been done effectively, then the current auditor should be removed and replaced with someone who can do the job.
2) Members should not be double-billed for the use of facilities that their fees support.
This is dependent on financial records. If maintenance fees are used to purchase or maintain facilities, than members should not be ‘double-billed’ and have to pay the same fee that a non-member has to.
POATRI controls a lot of nice recreational areas: Lake Ament, Christmas Mountains, etc.
These are just my opinions. I would be glad to hear what the folks at the ranch have to say. Feel free to post your comments below, or join the Terlingua group at yahoo.com.