Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Compliance topic
No spam. Unsubscribe anytime.
Mountainaire board approves collection policy updates and authorizes 2026 audit engagement
Summary
The board approved recommended collection policy changes to comply with revised Washington law and authorized VIS to sign an engagement letter with CPA Andrew R. McAlister, P.S. for the 2026 audit and tax return preparation (estimated fee $2,400, within the HOA budget).
At its April 13 meeting, the Mountainaire board voted to update its collections policy to align with recent changes in Washington state law and authorized an engagement for the 2026 audit and tax return.
The Property Manager presented recommended amendments to the Mountainaire collection policy to ensure compliance with revised Washington statutes; the board voted to approve the updates (motion by President Channing Melone, seconded by board member Andy). The minutes do not list the exact text of the policy changes; the board approved the recommendation as presented.
The board also authorized VIS to sign an engagement letter with the community’s existing certified public accountant, Andrew R. McAlister, P.S., to perform the 2026 audit and prepare the tax return. The motion (moved by Channing and seconded by Caralee Bradshaw) authorized the engagement at an estimated fee of $2,400, which the minutes state is within the budgeted amount for these services.
Both actions were recorded as board approvals; the Property Manager and VIS will proceed with execution. The board did not specify additional contingencies or amendment language in the minutes; the final policy text and signed engagement letter should be available from VIS and the CPA once completed.
