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The Audit Committee is, and has been for as long as I can remember, the most corrupt internal organization in SCA. The five members are either appointed or approved by the SCA Board of Directors. The Audit Committee meetings are held in secret, the agenda and the minutes for these meetings are not published, and no homeowners are permitted to attend. Greg Swenson has confirmed these facts to me, and said the status quo will remain in place.
The Audit Committee is the only committee that I am aware of that does not provide an update of their activities in the Spirit. Hence, any new homeowner has no idea that an Audit Committee even exists.