Nobody Wanted to Be Treasurer

At every annual meeting there is a silence that arrives when the treasurer’s seat comes open. People study their shoes. Someone volunteers for the social committee with enthusiasm; no one volunteers to reconcile the reserve account. The job is unglamorous and faintly accusatory by nature, since you become the person who knows what things cost, and it is the seat on which the entire association quietly depends.

Elinor Ostrom spent a career studying how ordinary people manage shared resources without a king and without selling them off. The communities that succeeded had something in common: someone kept honest, visible accounts, and everyone trusted that they did. The reserve fund is a commons. The treasurer is its keeper. When the role is filled by a careful, unthanked person, the pool gets resurfaced on schedule and nobody notices. When it sits empty, or filled by someone who would rather not look too closely, the trouble arrives years later, all at once, as a special assessment.

So the next time the silence falls at your annual meeting, consider that the most important person in the room may be the one nobody wants to become. And if it turns out to be you, thank you. The community will not say it, but it should.

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