BEST ANSWER
As a shareholder, it's in your rights to ask to see documentation explaining this increase. You can also see if board minutes explained the increase prior to making the decision (you could've seen these before buying, too).
If you think the fuel charge is uncalled for, now that fuel prices have sunk, you can attend a board meeting and bring this up as a challenge. Better yet would be to talk to neighbors about this.
You should investigate though, because there may be another possibility: If your board is failing to collect monthly fees from some shareholders, or has a heavy debt because of liens or unpaid past fees, they may be taxing unfairly the debt load on the paying shareholders. That is cause for concern, and yes, it might be improper if not illegal. Getting on the board is essential to having the power to change things. Maintenance seldom goes down, but if you can change other rules in the bylaws, such as flip taxes, it can defray rising costs. If you need help, contact Member Services at the Urban Homesteading Assistance Board, or UHAB. They help shareholders ensure their buildings stay in financially healthy positions. We offer free training on record-keeping and can train boards to keep better account of expenditures.
Wed Feb 11 2009, 22:37