Petition for Financial Transparency

We, the undersigned homeowners of Presidio Heights, formally request that the Presidio HOA and management company provide all missing financial documents that have been requested but not provided, despite homeowners' legal rights to access this information.

A formal request was submitted by a homeowner requesting access to all missing financial reports, detailed financial statements, and clarification of what appeared to be mis-spending of HOA funds. This request (view the request letter here) highlights the concerns about financial transparency and accountability. Additionally, homeowners have experienced consecutive years of dues increases:

• 2025 Dues Increase Letter
• 2024 Dues Increase Letter
• 2023 Dues Increase Letter

After reviewing the provided financial reports, we have identified possible spending violations pursuant to the 2019 Resolution regarding the spending of homeowners dues. It is critically important to obtain the missing years of financial reports so we can review them and determine if there are any other anomalous spending that should be investigated.

We demand that all requested financial documents be provided immediately in accordance with homeowners' legal rights. Additionally, we require a detailed explanation of the overspending that has been identified in the financial reports that have been provided.