• The new Treasurer presented the highlights of the proposed budget in a powerpoint presentation.  While the information was helpful, many residents were confused because that budget had been modified since the (tiny font) version that mailed to homeowners.
• Several  homeowners inquired about potential errors in the intitial draft we received and why the updated one was not posted on TownSquare for review by membership.   Another budget TownHall was also suggested.
• One resident reported that it took months receive the requested financial records regarding the 2025 $170,000 Special Assessment  (it must be provided in ten business days per FL statute 720.)   Another homeowner verbally asked for information about how much of the $1.5 Reserves borrowed have been spent so far.
• After questions and discussion, the board voted 3:2 to not approve the revised proposed budget as presented.  This created a question of statutory next steps.   
• The Secretary stated that, based on Florida statute, if the 2027 budget is not approved approved 30 days in advance of FY 2027  (i.e. end of November), the prior budget (i.e. flat montly dues) will be automatically adopted.   It was not yet clear of the process to make modifications if/when desired.  
• Castle Group, Medley's Finance Committee along with Medley's past and newly-elected Treasurer are responsible for preparing the budget.   (The CAM stated that she has a 3-week vacation planned.)
• It was stated that the revised budget must be re-mailed to homeowners.  (This site has not confirmed that.)  The Castle Group representative has often stated that "10 extra days' lead time was required for mailing."  However, a board member challenged why Medley could not simply request the pre-addressed labels from Castle corporate and then copy/stuff the envelopes by a CAM employee at the front desk. 
• There was a commitment from the Treasurer to meet with two of the homeowners who spoke at at the meeting (one or both mentioned that they were accountants.) regarding their questions/revisions.
• Based on the announcement made on committees, the Finance Committee currently is down to only two members plus the Treasurer/prior member/board liasion. 
• MedleyMembers encourages qualified individuals to apply by emailing Castle with their qualifications and cc the board.

To all:  Thanks for all the tips and comments!  Keep commenting but please remember to abide by civility and privacy guidelines.
» P.S. To the several notable Facebook naysayers: We haven't received any refuting facts from you for investigation, so that must mean this site is accurate. 😇